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Artists and Activists Turn to NFT Sales to Support the Ukrainian People


NFTs are showing the brighter side of humanity as real support transcends the boundaries of nations and reaches Ukraine through the metaverse. In light of the ongoing military conflict, people from all around the world send their donations to Ukraine via NFT sales, as artists and activists turn...

Deutsche Bank to Exit Russia, Says There Will Be No New Business There


Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine erupted....

US Banking Giants Goldman Sachs and JPMorgan Wind Down Business in Russia


Global investment banks Goldman Sachs and JPMorgan Chase are winding down business in the Russian Federation. The move comes as western sanctions against Moscow over its decision to launch a military invasion of Ukraine continue to expand, supported by leading financial institutions. Goldman Sachs...

What Can We Learn from Canadian Crypto Freeze as War in Europe Rages On?


    Governments have never really been the biggest fans of Bitcoin (BTC) and cryptocurrency. Not only does crypto escape their monopoly over the issuing and supply of money, but it also helps individuals escape any monetary restrictions they may wish to apply.... Read More: What Can We Learn from...

Western Union Suspends Operations in Russia, Belarus Over Ukraine War


Remittance giant Western Union has joined other financial services companies supporting sanctions in response to Russia’s invasion of Ukraine. The decision will affect customers in the Russian Federation as well as those in Belarus, an ally of Moscow, backing its military operation. Western...

Chainalysis Launches Screening Tools Designed to Prevent Sanctions Evasion


Blockchain forensics company Chainalysis is launching two tools that will allow crypto companies to deny sanctioned persons and entities access to their platforms. The move comes amid concerns that Russia may use cryptocurrencies to evade sanctions imposed due to its invasion of Ukraine....

Ukraine War and the Financial Markets: the Winners and Losers So Far


  Gabriella Legrenzi, Senior Lecturer in Economics, Keele University; Reinhold Heinlein, Senior Lecturer in Economics, the University of the West of England, and Scott Mahadeo, Senior Lecturer in Macroeconomics, the University of Portsmouth.______ ... Read More: Ukraine War and the Financial...

Check These Ukraine NFT Projects Against the Russian Invasion


  Non-fungible token (NFT) art projects made in support of Ukraine have seen a surge in interest lately, with many artists both in Ukraine and elsewhere jumping on the chance to contribute to the cause. To help readers get an overview of the many projects that now exists where proceeds go...

The Best- and Worst-Performing Coins in the Second Week of the Ukraine War


  Two weeks after the war in Ukraine started, the crypto markets continue to be volatile. Bitcoin (BTC) has seen unusually big moves both up and down, often moving in tandem with changes in the global risk sentiment. As usual, however, the biggest movers are altcoins, which have seen both strong...

Ukraine Tether Trading Volume Sees Strong Growth, Persistent Premiums


  Trading volume in the stablecoin tether (USDT) with Ukrainian hryvnia (UAH) is again seeing strong growth on crypto exchange Binance, with the volume on several days this week reaching and surpassing the level seen on the day the war started.... Read More: Ukraine Tether Trading Volume Sees...

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