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Ukraine Deputy Minister Praises Crypto Efficiency; Donations Spent on Military Necessities
9.3.2022
Ukraine's deputy minister of digital transformation Alex Bornyakov has noted crypto's efficiency, stating that blockchain clearing and settlements are conducted in near real-time, which enabled the country to deliver a "very quick" response.
Bornyakov detailed that by leveraging crypto's...
Thailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat Sanctions
8.3.2022
A popular destination for many Russians, Thailand is now looking for ways to facilitate their payments amid widening western sanctions over Moscow’s military invasion of Ukraine. Cryptocurrency is one of the options being explored by the tourism industry as Russian citizens now face...
Fundraising Platform Says It Raised and Distributed 2 Million USDT to Ukrainians
8.3.2022
A new fundraising platform whose objective is to help to raise funds for Ukrainians and the Ukraine military recently claimed to have raised 2 million of the stablecoin tether. Some of the donated crypto assets have been sent to the Ukrainian army and to a humanitarian fund that finances...
Data Shows Global Financial Conditions Tightest in 2 Years, Shaky Bond Markets Point to Long-Run Inflation
8.3.2022
At the end of the trading day on Monday, Wall Street was roiled once again as major stocks plunged during the day’s trading sessions. Most news outlets indicate the Russia-Ukraine war is causing the bleak outlook and reports show strained financial conditions worldwide are currently...
Ukraine Crypto Donations Reach a Plateau; 40% of the Country's Military Suppliers Accept Crypto
7.3.2022
Crypto donations to Ukrainian causes have slowed down over the weekend, while reports revealed that roughly 40% of Ukraine’s military suppliers accept crypto payments.
The Ukrainian government and non-profit organizations providing support to the military raised less than USD 2m over...
Visa and Mastercard Suspend Operations in Russia as Part of Sanctions Over Ukraine
7.3.2022
The world’s leading payment processors Visa and Mastercard have joined sanctions against Russia over its military invasion of Ukraine. The American companies announced suspension of operations in the Russian Federation although Russians will be able to use their cards inside the country....
Ukraine Uses Donated Crypto to Pay for Military Supplies — Government Says $50 Million in Crypto Raised in a Week
6.3.2022
The Ukrainian government announces that $50 million in cryptocurrency was raised within a week since Russia began its invasion of Ukraine. The government has so far spent $15 million in donated cryptocurrency to buy military supplies. Ukraine Government Spends $15 Million in Crypto on Military...
Russia Proceeds With Efforts to Legalize Crypto Amid Sanctions Over Ukraine
5.3.2022
Authorities in Russia are continuing their work to establish a comprehensive legal framework for crypto transactions. The efforts, which started before the military invasion of Ukraine, go on amid warnings that Moscow may use cryptocurrencies to evade expanding financial sanctions. Expert Council...
South Korean Crypto Exchanges Restrict Russians’ Access Over War in Ukraine
4.3.2022
Major South Korean cryptocurrency exchanges have introduced restrictions for Russian users, effectively joining western sanctions over Moscow’s military invasion of Ukraine. The measures include blocking IP addresses originating from the Russian Federation. Largest Korean Exchange May Deny...
Crypto’s Sanction-Slipping Power: Why Bitcoin’s Neutrality Is Its Greatest Humanitarian Asset
4.3.2022
Decentralized networks such as Bitcoin’s don’t know national allegiance, they only know math. And when you’re trying to get your savings out of an ATM, or send a payment to relatives in a war-torn environment, someone else’s politics is the last thing you want standing...
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
‘Help Ukraine’ Scams Appear as Country Seeks Crypto Donations, Report Reveals
2.3.2022
Scams have started exploiting the desire of many in the crypto community to support Ukraine’s efforts to withstand Russia’s military assault and help its citizens endure the conflict. As the country is raising millions in bitcoin, a report has indicated that fraudulent schemes luring...
Starlink Terminals Arrive in Ukraine as Elon Musk Makes Good on Promise
2.3.2022
Spacex has managed to deliver Starlink equipment to Ukraine as promised by its founder, Elon Musk. The hardware will provide access to high-speed internet for users in the country, which has been experiencing disruptions in communications as a result of Russia’s military invasion. Ukrainians...
Big Wings
1.3.2022
Alex Senechal is art director at 1047 games, the developers of Slipgate.Read more
CSGO Pro Loses Tournament, Gives $33K To The Ukrainian Army Like A Champ Anyway
28.2.2022
Prominent CSGO streamer and pro esports player Aleksandr “s1mple” Kostyliev has donated one million Ukrainian hryvnias (or a little over $33,000 USD) to the Ukrainian army, according to a post on his Instagram Stories. This comes just after s1mple gave an emotional plea for unity during the Intel...
Elon Musk Hears Kyiv’s Call, Activates Starlink Service in Ukraine
27.2.2022
Tech entrepreneur Elon Musk has announced that the Starlink satellite internet service has been enabled for Ukraine. The move comes in response to a request from the government in Kyiv which is trying to halt a Russian military assault that may disrupt communications, among other threats. Elon Musk...
Russia May ‘Nationalize’ Foreign Assets in Response to Western Sanctions, Medvedev Says
27.2.2022
Authorities in Russia may begin to seize funds of foreign nationals and companies that are in the country, former Russian President Dmitry Medvedev has indicated. His warning comes as the West continues to expend penalties imposed on Moscow over its military invasion of neighboring Ukraine....
Bitcoin Donations Pour in to Help Ukrainian Military Fight Russia — Over $5 Million in BTC Raised
26.2.2022
Cryptocurrency donations have poured into a nonprofit organization that provides support to Ukrainian soldiers after Russia launched a large-scale attack on Ukraine. More than $5 million in bitcoin has already been raised. Meanwhile, the group’s fundraising page on Patreon has been abruptly...
Patreon Removes Ukrainian Charity Raising Military Aid Citing Policy Violation
25.2.2022
The non-profit is also raising funds in bitcoin but Patreon was the most convenient way for foreigners to donate to the fund, according to the charity's director
People Are Sending Millions in Bitcoin to Aid Ukraine's Military as Russia Advances
24.2.2022
A digital wallet raising funds to support the Ukrainian army has received over $700,000 in bitcoin