Search
As Nobel Prize Winner Scores USD 100M for Ukraine, CryptoPunk Just Did Its Part Too
21.6.2022
Ukraine has raised an additional USD 103,000 through the sale of a CryptoPunk non-fungible token (NFT), while a Nobel prize winner donated over USD 103m for Ukrainian child refugees.
The donated Punk was CryptoPunk #5364, and it sold for ETH 90 (USD 103,190), according to Alex Bornyakov, deputy...
Russian Finance Ministry Rules Out Sale of Oil for Bitcoin
20.6.2022
The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto...
Three Arrows Keep Hurting Crypto Market, Circle's Euro Coin in US, Samsung's Wallet + More News
16.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Three Arrows Keep Hurting Crypto Market, Circle's Euro Coin in US, Samsung's Wallet + More News
Russia Developing Sandbox for Cross-border Crypto Payments
15.6.2022
An institute facilitating Russian exports is now working on the establishment of a sandbox for international crypto payments, local media reported. The goal is to identify potential regulatory and technological challenges for settlements with digital assets. Russia Prepares to Test Crypto Payments...
Lithuanian Government Approves Stricter Crypto Regulations
11.6.2022
The government in Vilnius has approved amendments introducing more stringent regulations for the country’s growing crypto space. The legislation is aimed at managing risks associated with crypto assets and preventing Russian attempts to circumvent Western sanctions imposed over the war...
Crypto Exchange WhiteBit Wins NFT & Crystal Trophy Auctioned by Eurovision Winner Kalush Orchestra
30.5.2022
With a bid of USD 900,000, the European crypto exchange WhiteBit has won the non-fungible token (NFT) and the crystal trophy auctioned by Kalush Orchestra, the winners of the Eurovision Song Contest 2022....
Read More: Crypto Exchange WhiteBit Wins NFT & Crystal Trophy Auctioned by Eurovision...
Bank of Russia Steps Up Efforts to Issue Digital Ruble Due to Sanctions
29.5.2022
The Central Bank of Russia (CBR) has accelerated the development of its digital ruble in response to Western sanctions. The monetary authority now intends to pilot transactions with the new version of the national fiat in early 2023 instead of 2024, as originally planned. CBR to Launch...
Russia Considers Using Cryptocurrencies for International Settlements
28.5.2022
Authorities in Russia are mulling over the possible use of digital currencies for international payments, a high-ranking official from the finance ministry has indicated. If recognized as property, he noted, cryptocurrency can be utilized in barter deals with foreign partners. Finance Ministry...
Ukrainian Eurovision Winner Sells NFTs in Support of Ukraine’s Defense
25.5.2022
Kalush Orchestra, the Ukrainian winner of this year’s Eurovision Song Contest, will sell non-fungible tokens (NFTs) featuring a microphone and the name ‘Kalush Orchestra’ in support of Ukraine’s national defense against the Russian invasion....
Read More: Ukrainian Eurovision Winner Sells NFTs...
Watch & 'Invest in Peace': Ukrainian Deputy PM Raps to Encourage More Crypto Donations
23.5.2022
Ukrainian blockchain business Everstake expressed their hope that the government-led Aid for Ukraine organization could benefit from more support from across the world -- and this led them to release a rap video featuring animated pigeons and Mykhailo Fedorov, Ukraine’s Deputy Prime Minister...
Russians Based Abroad Say They Can’t Withdraw Funds from Binance
16.5.2022
Russian users – even some not located in the aggressor state of Russia – are complaining that they are having problems using the crypto exchange Binance.
The Telegram-based Russian financial news channel Banksta reported that the Binance exchange had “decided to punish Russians, regardless...
Another Crypto Tax Haven in Danger, Goldman's & Nomura's Moves, DEI Depegs, NFTs on Spotify + More News
16.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______...
Read More: Another Crypto Tax Haven in Danger, Goldman's & Nomura's Moves, DEI Depegs, NFTs on Spotify + More News
Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions
12.5.2022
Russia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the Russian government to circumvent international restrictions. Bitriver Rejects...
Independent Russian News Site Meduza Raises Over $200,000 in Crypto
11.5.2022
Pressure from the Kremlin and sanctions from the West have forced Russian news outlet Meduza to increasingly rely on cryptocurrency donations to fund its independent journalism. As the restrictions imposed over Moscow’s invasion of Ukraine have prevented its Russian readers from contributing...
Indie Russian news firm raises $250K in crypto after sanctions cripple finances
11.5.2022
Russian independent media Meduza has managed to raise $250,000 in funding in order to continue providing unbiased news on the war in Ukraine
Putin Bids to Create New International Settlements Platform, Reform Foreign Currency Rules
10.5.2022
Russian President Vladimir Putin has spoken of plans to revamp the country’s international settlements ecosystem – in a bid to prevent Moscow from sliding into an economic quagmire at the hand of Western-led sanctions.
The nation has been all but frozen out of international trade and the global...
Ukraine's New Fundraising Platform Supports Over 100 Cryptos
9.5.2022
Ukraine's President Volodymyr Zelenskyy has launched a new fundraising platform, dubbed United24, which accepts donations in more than 100 different cryptoassets.
The list of supported cryptoassets ranges from popular cryptos like bitcoin (BTC), ethereum (ETH), binance coin (BNB), to recently...
Moody’s: Cryptocurrencies Unlikely to Help Russia Evade Sanctions
7.5.2022
Russia’s ability to employ cryptocurrencies to circumvent international sanctions is restricted by the limited size of the crypto market, according to Moody’s. Despite increased use in small transactions, low liquidity is another factor preventing Russians from exploiting the utility...
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...
World Bank Predicts 3% Gold Price Growth, Expert Says a $3K per Ounce ‘Is More Likely Than Not’
30.4.2022
The World Bank has said it expects the price of gold to rise by 3% in 2022 but warned the price might fall sharply if the Russian central bank decides to offload large quantities of the commodity. The Russian Factor After the price of gold surged past the $2,000 mark in early March, a new […]