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Crypto Trading Volumes in Ukraine, Russia Fall After the Early War Spike
4.3.2022
Crypto trading volumes using Ukrainian hryvnia (UAH) as the fiat currency have fallen to nearly their normal levels, despite banking restrictions in Ukraine making fiat transactions in the region increasingly difficult. From Russia, however, crypto trades using the Russian ruble (RUB) still...
Russian Ruling Party Says Crypto Regulation Will Safeguard ‘Millions of Citizens’
4.3.2022
United Russia, the nation’s ruling party, says that some 12% of the population uses or interacts with crypto – and senior political figures stated that it will protect crypto holders with its forthcoming regulations....
Read More: Russian Ruling Party Says Crypto Regulation Will Safeguard...
Bitcoin vs Gold Debate Continues as Both Assets Rise Following Ukraine War
4.3.2022
The never-ending debate around bitcoin (BTC) versus gold is once again in the spotlight, as both assets have risen after the onset of the Ukraine war -- and bitcoin’s properties as censorship-resistant money has come back into focus....
Read More: Bitcoin vs Gold Debate Continues as Both Assets...
How crypto execs react to economic sanctions against Russia?
4.3.2022
Most companies in the United States and other Western nations are no longer allowed to conduct business or exchange money with Russian banks
Coinbase Says Crypto Markets Resilient After Russian Invasion of Ukraine
4.3.2022
The crypto exchange said a more convincing recovery is possible once investors have more clarity on the Fed’s plans
Ukraine Crypto Donations Exceed USD 63M
4.3.2022
In a robust sign of support to Ukraine amid the country’s invasion by Russia, the global crypto industry has donated in excess of USD 63.25m as of today, with donations made in bitcoin (BTC), ethereum (ETH), and a number of other cryptos.
Data from blockchain ecosystem security firm SlowMist...
Russian Oligarchs Unlikely to Use Crypto to Dodge Sanctions - Coinbase CEO
4.3.2022
The heads of some of the world’s biggest centralized crypto exchanges (CEXes) have hit back against critics who claim crypto could be used by Russian oligarchs attempting to evade Western sanctions. However, the exchanges will abide by the law in case there's a ban on all Russian users. ...
Dollar Rises as Euro Falls Amidst the Invasion of Ukraine
4.3.2022
The forex market has seen a significant movement on the 3rd of March as the situation in Eastern Europe gets worse. While the United States Dollar holds on to a steadier trajectory, the Euro falls short due to the impacts of recent bombardment in Ukraine. The sudden fall might bring any plans...
Crypto Allows Ukraine to ‘Operate Internationally,’ Official Says
4.3.2022
Amid ongoing hostilities with advancing Russian forces, Ukraine has been increasingly relying on cryptocurrency donations to solve humanitarian problems and finance its defense efforts. Crypto helps the country to receive and quickly distribute money and operate internationally, a high-ranking...
Billionaire Bill Miller Shares Current Crypto Outlook: ‘It’s Very Bullish for Bitcoin’
4.3.2022
Veteran investor and fund manager Bill Miller explains why he thinks that it is currently “very bullish for bitcoin.” Miller noted that Russia has almost 50% of its reserves in currencies that are controlled by people who want to do them harm. Bill Miller’s Crypto Outlook:...
Wargaming Stands By Its Kyiv Studio As Its Native Belarus Moves Against Ukraine
3.3.2022
World of Tanks developer Wargaming has rerouted company resources to support over 550 developers at its Kyiv studio as the Russian invasion of Ukraine enters its sixth day.Read more
Impostors Are Trying to Trick Ukrainian Crypto Donors via Phishing Websites and Fake Donation Addresses
3.3.2022
Scammers and impostors are trying to take advantage of the horrific war unfolding in Ukraine by tricking unsuspecting crypto users wishing to help the country through donations.
These individuals and groups seem to be using any available means, including phishing webpages, forum posts, email...
Ukraine’s Cyberpolice Force Starts Accepting Cryptocurrency Donations
3.3.2022
As Ukraine is increasingly relying on crypto donations, its Cyberpolice force has also decided to seek help from the crypto community in the country and abroad. The unit now takes various cryptocurrencies to support law enforcement agencies and acquire essential supplies. Cyberpolice...
Crypto Payments Firm CoinGate Partners with Ukraine Central Bank and IBS to Enable More Crypto Donations
3.3.2022
The Lithuania-based crypto payments processor CoinGate has teamed up with the National Bank of Ukraine (NBU) – the country’s central bank – and the international payments firm International Business Settlement (IBS) to allow crypto users to donate money to Ukraine’s Armed Forces using more than...
Ukraine DAO raises over $6M via NFT sale to aid Ukrainian citizens
3.3.2022
One week into the Russia-Ukraine conflict, the team behind Ukraine DAO announced their efforts will go to local NGO, Come Back Alive
While the Fed Monitors the ‘Ukraine Situation Closely,’ Powell Still Expects a Series of Quarter-Point Rate Hikes
3.3.2022
Federal Reserve chairman Jerome Powell still expects to see interest rate hikes starting in March, but the Fed chief further stressed that the central bank will “need to be nimble.” In remarks prepared for members of U.S. Congress, Powell discussed the Russian invasion of Ukraine...
Umbrel Bitcoin Node Runners Now Help to Bypass Internet Censorship
3.3.2022
Users running Umbrel Bitcoin (BTC) and Lightning nodes can now also help others to bypass internet censorship by installing the Snowflake proxy app on their nodes. It might help censored journalists and other people to access the free and open internet safely....
Read More: Umbrel Bitcoin Node...
Gaming Giant Animoca Brands Reveals Ban Against Russian Users, Co-Founder Compares Russia to North Korea
3.3.2022
Blockchain gaming firm Animoca Brands has revealed the company is breaking ties with Russian users following the Ukraine invasion that started seven days ago. Animoca Brands co-founder Yat Siu noted in an interview that the company received legal advice about the situation and the Animoca executive...
Cut Central Bank out of Russian Crypto Regulation Picture, Urges Lawyer as Ukraine War Rages On
3.3.2022
The time has come to fast-track crypto mining regulation, a leading Russian lawyer has advised – even if this means removing the Central Bank from the equation....
Read More: Cut Central Bank out of Russian Crypto Regulation Picture, Urges Lawyer as Ukraine War Rages On
Ukraine cancels token airdrop, reveals new NFT plans
3.3.2022
Ukraine has received nearly $40 million in crypto donations, out of which almost $7 million came after the announcement of the now-canceled airdrop