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The Ukraine invasion shows why we need crypto regulation
7.5.2022
Does the war in Ukraine demonstrate that cryptocurrencies have an unprecedentedly vital role in humanitarian crises or that they are completely untamable?
Missiles And Massacres: Ukrainian Game Developers Persist Amid The Russian Invasion
5.5.2022
When you hear the air alerts in the capital city of Ukraine, game developer Oleksandr Sienin told Kotaku, you make a judgment call. Maybe you wait in a safe place for the suggested 30 to 60 minutes minutes after the alerts go off, because you know that they denote missiles that could potentially...
Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions
5.5.2022
Bankoff, a platform offering virtual cards that could be topped up with cryptocurrency, has told customers its cards are no longer supported by payment systems Visa and Stripe. They allowed Russians to pay abroad after major processors restricted their services in the country. Visa and Stripe Halt...
Anonymous Hackers Claim to Have Breached Russian Payment Service Provider Qiwi
4.5.2022
A hacking group linked to the Anonymous collective has allegedly hit the popular Russian payment processor Qiwi. Network Battalion 65 announced on social media it had managed to gain access to the platform’s databases — a claim the company has denied. Anonymous Affiliate Hacks Russian...
Crypto Industry Lobbies Against Bills Targeting Russian Oligarchs Evading Sanctions Using Cryptocurrency
3.5.2022
The crypto industry is lobbying U.S. lawmakers against two bills aimed at preventing Russian oligarchs from using cryptocurrency to avoid sanctions. The U.S. and many other countries placed sanctions on them after Russia began its invasion of Ukraine. Bills Preventing Wealthy Russians From Using...
Russian DOTA 2 Player Dumped Over Alleged In-Game Support Of Ukraine Invasion
2.5.2022
An otherwise unremarkable (at least for the wider public) weekend of DOTA 2 action got a lot more controversial on Saturday when Virtus.pro’s Ivan ‘Pure’ Moskalenko was caught allegedly drawing a symbol of support for Russia’s invasion of Ukraine over the in-game minimap.Read more
Binance Blocks Accounts Linked to Relatives of Senior Russian Officials
30.4.2022
Digital asset exchange Binance has blocked accounts tied to relatives of government officials in Moscow. Amid mounting international penalties over Russia’s invasion of Ukraine, the trading platform said it will continue to check for users associated with sanctioned individuals. Crypto...
Finland to Donate Millions of Dollars From Sale of Seized Bitcoin to Ukraine
29.4.2022
The government of Finland is discussing supporting Ukraine with part of the money from the liquidation of millions of dollars worth of cryptocurrency seized in crime investigations. Finnish authorities want to sell the bitcoins soon and say they couldn’t come up with a better idea for...
Georgians Sell Russian Regions as NFTs to Raise Money for Ukraine
25.4.2022
A tech innovations firm based in Georgia’s capital Tbilisi is now “selling Russia piece by piece” in the form of NFTs. The money from the collectibles, representing almost 2,500 Russian regions, will be used to help rebuild Ukraine, which was invaded by the Russian army...
Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies Allegations
23.4.2022
Cryptocurrency exchange Binance has been accused in a media report of agreeing to provide user data to Russia’s financial watchdog. The trading platform has refuted the allegations. It also insists it’s complying with Western sanctions imposed over Moscow’s invasion...
Crypto Exchange With Belarusian Roots Halts Operations for Russian Users
14.4.2022
Currency.com, a crypto exchange founded and initially licensed in Belarus, has suspended operations for Russian clients. The restrictive measure comes in response to Russia’s assault on Ukraine, the platform said, noting that customers in other jurisdictions will not be affected....
Witcher 3 Next-Gen Upgrade Pulled From Russia Studio, Delayed Indefinitely
13.4.2022
The PlayStation 5 and Xbox Series X/S upgrade for The Witcher 3 won’t arrive anytime soon. In fact, CD Projekt Red announced today that it’s delayed indefinitely. That follows the decision to bring development on the next-gen version back in house after it was handled by Saber Interactive’s Russia...
Belarus-Based Crypto Exchange Bans Russian Clients Amid Ukraine Invasion
13.4.2022
As Russia’s invasion of Ukraine continues to draw businesses away from the aggressor's economy, the Minsk-based crypto exchange Currency.com is joining the expanding list of companies that decided to withhold their services from Russia’s residents.
The latest move follows the company’s earlier...
Anonymous Has Released Over 2 Million Russian Emails in Cyberwar With Russia
13.4.2022
Hacktivist collective Anonymous claims it has already published millions of leaked Russian emails. The group has been waging a cyberwar on Russia over its invasion of Ukraine, carrying out attacks on government institutions, state-run television channels, and the central bank. Russia’s...
Belarus-born crypto platform halts operations for Russians in response to invasion of Ukraine
12.4.2022
“In these circumstances we can no longer continue to serve our clients from Russia,” said Vitalii Kedyk, CEO of Currency.com’s Ukraine arm
Crypto Exchanges Binance and Whitebit Offer Help for Ukrainian Refugees
11.4.2022
The global crypto community has actively supported humanitarian efforts in Ukraine and two crypto exchanges are also looking to help Ukrainian refugees abroad. Binance, the largest coin trading platform, and the Ukrainian Whitebit have turned their attention to the Ukrainians who had to leave their...
Bank of Russia Rejects Idea of Using Cryptocurrency to Circumvent Sanctions
7.4.2022
The Central Bank of Russia has turned down a proposal to allow the use of digital currencies for the purpose of sanctions evasion. The monetary authority believes this is hardly an option as Western regulators are already taking steps to prevent such transactions. Employing Bitcoin to Evade...
Russia’s Sberbank Denies Involvement in Recently Launched ‘Sbercoin’
6.4.2022
Sberbank, the largest bank in the Russian Federation, has denied connection to a new cryptocurrency called “sbercoin.” The project is offering high returns to buyers of the token, which was launched shortly after Bank of Russia allowed Sberbank to issue digital currencies. Sbercoin...
Elden Ring Players Are At War With AFK Rune Farmers
5.4.2022
Elden Ring has a new rune farming strategy that revolves around hiding in seeminglyunreachable parts of the map until your opponent dies or gets bored and leaves. Now, players who just wanted a good old fashion PVP showdown are finding new ways to fight back. The results are entertaining...
Military MMO Dev Wargaming Cuts Ties With Belarus, Russia Over Invasion works
4.4.2022
Hit freemium developer Wargaming is abandoning its operations in Belarus and Russia over the invasion of Ukraine, now in its 39th day. The World of Tanks maker said it has turned over live operations of its games in both countries to its now-former studio in Russia and will “not profit from this...