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Drawbacks of centralization: Moscow Stock Exchange remains offline amid ongoing Russo-Ukrainian war
2.3.2022
The closing of the exchange, along with a plunging Ruble, may have devastating impacts on the lives of ordinary Russian citizens
Anonymous Reportedly Pledges to Pay Russian Soldiers USD 44K in Bitcoin per Surrendered Russian Tank
2.3.2022
The international hacker collective Anonymous is reportedly trying to buy off the already demoralized Russian troops by offering USD 44,280 in bitcoin (BTC) in return for every surrendered tank.
The hacker group has amassed over RUB 1.2bn (USD 10.6m) and is offering tank crews RUB 5m for each...
Fed Will ‘Proceed Carefully’ with Rate Hikes Despite Ukraine War - Chair Powell
2.3.2022
The US Federal Reserve (Fed) will “proceed carefully” with its plan to hike interest rates this year despite the war in Ukraine, with the first hike of 0.25 percentage points still expected at the Fed’s next meeting in March, Fed chair Jerome Powell said during a hearing in Congress today.
“We...
Ukrainian Flag NFT Raises $6.75M for Country’s War Efforts
2.3.2022
The UkraineDAO-organized sale is the largest NFT-based crypto contribution to the Ukrainian people to date
Fed Chair Powell: 'War Underscores Need' for Crypto Regulation
2.3.2022
“[The Ukraine-Russia conflict] underscored the need for congressional action on digital finance including crypto currency,” Fed Chair Jerome Powell said in Congressional testimony on Wednesday
‘Enormous Increase’ in Ukraine Crypto Trading Volume, USD 47,000 Next Target for Bitcoin – Arcane
2.3.2022
There have been massive increases in crypto trading volumes using the Ukrainian fiat currency, crypto research firm Arcane Research wrote in its latest weekly update. Meanwhile, the firm has identified USD 47,000 as the next likely target for bitcoin (BTC) after the USD 44,000 resistance...
Russian Consumers, Firms Feeling Impact of Sanctions as Ruble Keeps Diving
2.3.2022
Ordinary Russians are increasingly starting to feel the bite of Western-led sanctions, media reports from inside the country have indicated.
The ruble fell once again today and, at the time of writing, is worth around USD 0.0090, or 26% less than on the day of the invasion of Ukraine (February...
All Eyes on US Congress as Fed Chair Powell Prepares for First Comments Since Ukraine War Began
2.3.2022
US Federal Reserve chairman Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday this week, with market participants in both crypto and traditional markets now eagerly awaiting his first comments on the economy after the war in Ukraine broke out....
Read More: All Eyes...
All Eyes on US Congress as Fed Chair Powell Prepares for First Comments Since Ukraine War Began
2.3.2022
US Federal Reserve chairman Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday this week, with market participants in both crypto and traditional markets now eagerly awaiting his first comments on the economy after the war in Ukraine broke out....
Read More: All Eyes...
Animoca Bans Russian Users; Revolut CEO Condemns War, Matches Donations
2.3.2022
Animoca Brands, a digital entertainment company that develops and publishes a wide portfolio of blockchain games, traditional games, and other products, has banned all Russian customers from its services in response to the country's invasion of Ukraine.
The crypto company is ostensibly...
Ukrainian Government Claims ‘Airdrop’ Will ‘Reward’ its Bitcoin & Crypto Donors
2.3.2022
The Ukrainian government has confirmed that donors who have contributed crypto to fund its military struggle with the invading Russian army will be in line for an airdrop of tokens.
In the early hours of March 2, Kyiv wrote that its airdrop was “confirmed,” with a snapshot to be taken on March...
War coincides with Bitcoin's highest 'real' volume since early December
2.3.2022
“Investors are speculating that crypto will become increasingly important apolitical and trustless money in a time of escalating geopolitical uncertainty, conflict, and capital controls,” Arcane Research wrote
Bitcoin Pushes Higher Again with Ukraine War Turning into ‘Great Test Case’ for BTC
1.3.2022
Bitcoin (BTC) and the broader crypto market continued to rise strongly today, as more analysts drew a parallel between the current market action and bitcoin’s role as sovereign money in a world heavily impacted by war and sanctions. According to the crypto exchange Bitfinex, the war in Ukraine...
Ukraine Now Takes Polkadot, Says It Will Accept Other Coins Soon
1.3.2022
Having already raised millions of dollars in major cryptocurrencies like bitcoin, Ukraine is now receiving donations in polkadot as well. The country intends to expand the list of accepted coins as it increasingly relies on help from the crypto community to fund its defense against Russia. Ukraine...
These Coins Have Moved the Most Since the Ukraine War Started
1.3.2022
Financial markets have been in turmoil ever since the war in Ukraine broke out, and the crypto market is no exception. To help readers navigate the space, Cryptonews.com has looked into the coins that have so far seen the biggest gains, as well as those that have seen the biggest losses....
Read...
Russian Crypto Buyers Face Whopping Premiums Amid Economic Crash
1.3.2022
As Russia continues its invasion of neighbor Ukraine, the Russian markets are spiraling out of control, and an increasing share of the country’s population is seeking financial refuge in cryptoassets. This is reflected in the sky-high premiums for those who wish to exchange RUB into bitcoin...
Belarus Invades Ukraine
1.3.2022
Today, the northern neighbor of Ukraine, Belarus, invaded Ukraine, with the Belarus troops entering the Chernihiv region, north of the capital Kyiv, the Ukrainian parliament, the Verkhovna Rada, said.
"Belarusian troops have entered Chernihiv region. The information was confirmed to the public...
Ukraine Adds More Crypto Options, 'Teases' Airdrop; Platform Selling NFTs for USD 10
1.3.2022
In an attempt to further bolster its fundraising campaign, Ukraine is opening up more crypto options for global donors - and has also intrigued the crypto community by mentioning an airdrop. Furthermore, a digital platform has launched a non-fungible token (NFT) collection with the goal...
Ukraine Opens Polkadot Wallet for War Fundraising; Founder Wood Donates $5M in DOT
1.3.2022
The country opened a DOT wallet after Polkadot founder Gavin Wood pledged to donate $5 million. He sent the transaction Tuesday
SOL, ETH Rise With Bitcoin as War Continues After Russia, Ukraine Hold Peace Talks
1.3.2022
Solana, ethereum, and many layer-1 tokens follow Bitcoin's lead in market recovery