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State Street's 'Mega' Crypto Plan, Hayes Pleads Guilty, Flexpool's Message to Russia, Pulled NFT Sale + More news
25.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: State Street's 'Mega' Crypto Plan, Hayes Pleads Guilty, Flexpool's Message to Russia, Pulled NFT Sale + More news
Apple Pay and Google Pay to Become Unusable with Cards from Sanctioned Russian Banks
25.2.2022
Customers of five sanctioned Russian banks will be unable to use their cards to pay with Apple Pay and Google Pay, the central Bank of Russia, said.
The banks in question include banks under the VTB Group, Sovcombank, Novikombank, Promsvyazbank, and Otkritie, per the announcement. The banks...
Crypto Donations Pour into Ukraine - Here's How You Can Contribute
25.2.2022
Cryptoassets are proving themselves to be a useful method to raise money for organizations in Ukraine, as banks implement new restrictive measures and at least one fiat-based fundraising service has suspended donations to a Ukrainian non-profit....
Read More: Crypto Donations Pour into Ukraine...
Sanctions May Not Affect Russia’s Access to Crypto, Reports Claim
25.2.2022
As sanctions rain on Russia, following the Kremlin’s decision to invade Ukraine, media reports have suggested that they are unlikely to limit the country’s access to crypto assets. While the Russian elite may use them to circumvent restrictions, ordinary Russians are also likely...
Despite Recovery, Bitcoin and Cryptos Have More Room to Fall, Say Analysts, Pointing at a Buy Signal
25.2.2022
While the crypto markets have been recovering on the second day of Russia's attack on Ukraine, crypto industry insiders have warned that digital assets may have further to fall -- and argued that a bottoming in stocks could be taken as a buy signal for crypto.
The crypto market saw a broad...
Bitcoin Fundamentals vs. Fundamentals of Geopolitics - Analysts on Ukraine War
25.2.2022
It’s the second day of Russia’s invasion of Ukraine, with the former moving undeterred by the sanctions imposed by certain Western countries. Among a great number of possible effects that the war could have or may have already had globally, the effect on the crypto industry is being discussed...
Ukrainians Paying Tether Premiums as Some Desperate Citizens Ditch Fiat for Crypto
25.2.2022
Ukrainians are paying a premium of up to USD 0.11 on the dollar-pegged stablecoin tether (USDT) as trading volumes on local crypto exchanges have escalated quickly.
Per data from the Ukrainian crypto exchange Kuna, which claims that nine out of 10 of its users are Ukraine-based, some...
Western Allies Claim their Targetted Russian Sanctions Trump a SWIFT Ban as Russian Occupiers Near Kyiv
25.2.2022
The EU claimed it has created a “package of sanctions” that will be “massive and painful” for Russia. It stated that the new sanctions would remove some 70% of Russia’s banking capabilities – but Europe appears utterly divided as to whether it should block banks from an international banking...
USDT premiums soar on Ukraine's Kuna exchange
24.2.2022
The last time USDT premiums spiked so suddenly on Kuna was during the initial stages of the COVID-19 pandemic in 2020
Ukraine Invasion: What the West Needs to Do Now
24.2.2022
Stefan Wolff, Professor of International Security, University of Birmingham.
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Read More: Ukraine Invasion: What the West Needs to Do Now
Bitcoin Shows Surprising Resilience Amid Russia Aggression-Provoked Selloff
24.2.2022
Although the price of nearly all risk assets, including bitcoin (BTC) and other major cryptassets tumbled on Thursday as Russia launched a full-scale invasion of Ukraine, some are surprised as BTC performed better than expected and even recovered some of its losses.
For now, BTC appears to have...
Twitter users ask Ukrainian armed forces to start accepting crypto donations
24.2.2022
Ukraine's Ministry of Defense claims it has received numerous requests from foreigners to donate to its Armed Forces, but it cannot accept crypto proceeds
Bitcoin, the Ukraine Crisis and the Central Bankers Dilemma
24.2.2022
James Butterfill is Investment Strategist and Christopher Bendiksen is the Bitcoin Research Lead at major European digital asset investment firm CoinShares.
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Bitcoin (BTC) had an immediate price response to the Ukraine invasion when the news broke early this morning. It has become...
EU Unlikely to Push for Russia to Be Removed from SWIFT - Diplomats
24.2.2022
Despite Russia launching a full-scale invasion of Ukraine, the war’s outbreak has not yet convinced the European Union to push for the aggressor to be kicked out of the Society for Worldwide Interbank Financial Telecommunication (SWIFT) global payments network -- a move that would drastically...
Here's What the Cryptoverse Has to Say About Russian Invasion of Ukraine
24.2.2022
Many in the cryptoverse have taken it to social platforms to condemn the Russian invasion of Ukraine -- with people highlighting that this will put the lives of millions of civilians at stake, adding that it is essential now to "have some perspective" and not only worry about...
With War Starting and Markets Dropping, Questions Multiply About Central Banks’ Policies
24.2.2022
As bitcoin (BTC) and crypto markets in general have gone down over the past day and week, amid the escalating tension between Russia and Ukraine, sanctions imposed on the former, and today’s invasion of the latter – more questions keep popping up about the EU and the US central banks’ upcoming...
Regional Interest in Bitcoin Sees an Uptick as Russia Invades Ukraine
24.2.2022
As Russia launched its military attack on Ukraine amid an international outcry, a number of fiat currencies from Central and Eastern Europe tumbled, while users’ interest in bitcoin (BTC) somewhat increased across the broader region.
In the aggressor’s market, the Moscow Exchange stock exchange...
Ukraine Outranks Russia in Crypto Adoption Index as War Starts
24.2.2022
As Russia's president Vladimir Putin ordered a full-scale invasion of Ukraine, and Bitcoin (BTC) might play a role on both sides of the conflict, Ukraine is seemingly better prepared to embrace the nascent monetary technology.
As a reminder, in October 2021, crypto analysis firm Chainalysis,...
Russia’s Invasion of Ukraine: Bitcoin Set to Play a Role on Both Sides
24.2.2022
Bitcoin (BTC) and crypto are likely to play a role in both sides of the conflict after Russia launched a full-scale invasion of Ukraine.
International media outlets including the BBC, which reported from Kyiv, have stated that large lines were forming at banks in the Ukrainian capital, with...