Did Putin just point fingers at crypto for the terrorist attack?
The aftermath of a terrorist attack is never easy. Least of all when it happens on the global stage with accusations flying faster than I can report them. Recently, Moscow found itself the target of such an attack, leading to a complex web of blame, international intrigue, and a recent notable nod towards cryptocurrency’s role […]
Russia witnesses surge in corporate bankruptcies in early 2024: Report
Russian businesses are facing increasing financial distress, with a notable rise in bankruptcy filings reported in the early months of 2024. The Russian business daily Kommersant reported a significant uptick in these cases, citing data from the federal register for bankruptcy. In January alone, the number of companies declaring bankruptcy climbed to 571, a 57% […]
Ukraine Teams Up with Palantir to Transform Demining Efforts
Discover how Ukraine’s collaboration with Palantir Technologies leverages AI to accelerate the removal of landmines.
Ukraine arrests cryptojacker in major Europol joint operation
In a significant breakthrough in the fight against cryptocurrency-related cybercrime, Ukrainian authorities, with support from Europol, have arrested a 29-year-old individual accused of a large-scale cryptojacking operation. The operation on January 9 in Mykolaiv, Ukraine, resulted from collaborative efforts between Europol and an undisclosed cloud service provider. Ukraine busts major cryptojacking operation The suspect, whose […]
Ukraine web3 industry urges for a clear regulatory framework
In a recent development highlighting the struggles of the web3 industry in Ukraine, a study conducted by the Ukrainian Web3 Institute, supported by the Ministry of Digital Transformation, reveals significant regulatory hurdles. The research, titled “Web3 for Ukraine: Talk to Founders,” points to a critical need for clear guidelines and a regulatory framework within the […]
Ukraine’s officials ready to tackle financial crimes
Ukrainian officials have taken significant steps to bolster their ability to investigate financial crimes involving virtual assets and cryptocurrencies. Over the course of four days, from November 14 to November 17, 14 Ukrainian officials underwent advanced training in Vienna, Austria, to gain expertise in tracing crypto transactions across various blockchains using specialized analytics software. This […]
Tether freezes over $873,000 connected to ‘terrorism and illegal warfare’ in Israel and Ukraine
Tether, the global leader in stablecoin issuance, has bolstered its collaboration with law enforcement agencies worldwide. Aiming to stifle cryptocurrency-fueled terrorism and illegal warfare, the company has been notably proactive. To date, its efforts have aided 31 agencies across 19 international jurisdictions, freezing assets valued at approximately $835 million. Moreover, these actions have largely focused […]
G7 finally agrees to help Ukraine, but there’s a catch
After considerable deliberation, the G7 has greenlit a potentially groundbreaking initiative: redirecting profits from frozen Russian assets to financially embattled Ukraine. But the road to this decision has been anything but smooth, with layers of financial intricacies, international politics, and legal concerns complicating the process. Unlocking Russia’s Frozen Treasure Amidst the chaos that followed Russia’s […]
IRS CI leads global effort to train Ukraine in cybersecurity
The IRS Criminal Investigation (CI) has teamed up with international partners to provide advanced training to Ukrainian law enforcement. The focus is combatting cybercrime, with a keen eye on the intricacies of cryptocurrencies and blockchain-based tracking. Moreover, the Dutch Fiscal Information and Investigation Service (FIOD) and the UK’s His Majesty’s Revenue and Customs (HMRC) have […]
Ukraine set to host Game4Ukraine charity match in the Metaverse
In an innovative move, Ukrainian President Volodymyr Zelenskyy has announced “Game4Ukraine,” a charity soccer match that aims to raise funds for rebuilding the war-ravaged nation by embracing the metaverse. The real-world celebrity exhibition match is scheduled to take place on Saturday, August 5, at London’s historic Stamford Bridge stadium. This event presents a unique opportunity […]
Russian military raises $20M through cryptocurrency in conflict with Ukraine
In the ongoing conflict between Ukraine and Russia, cryptography has emerged as a vital tool, with millions turning to digital currencies amid collapsing fiat currencies and the looming threat of bank runs. Recent research by Elliptic, a leading blockchain analytics firm, has shed light on the extent to which cryptocurrencies have played a role in […]
U.S. accuses Ukraine of orchestrating Kremlin drone attack
In an unforeseen twist to the geopolitical chess game in Eastern Europe, American intelligence agencies have made public their belief that Ukraine was likely the orchestrating force behind the recent drone strike on the Kremlin. Based on a series of confidential intercepts involving both Russian and Ukrainian communications, it appears that the clandestine operation is […]
Ukraine joins G7 in its fight against Russia and China
In an unprecedented move, Ukraine has partnered with the Group of Seven (G7) in its stand against Russia and China, marking a significant geopolitical shift. Spearheading this effort, Ukraine’s President Volodymyr Zelenskiy took center stage in Hiroshima, Japan, at the G7 summit this past weekend, intensifying efforts to rally international support against the ongoing conflict […]
IRS aids Ukraine in tracking crypto transactions of Russian sanctions evaders
The IRS Criminal Investigation Division is intensifying its collaboration with overseas counterparts, particularly Ukrainian investigators, to target Russian individuals who may be using cryptocurrencies to conceal their assets in the wake of Russia’s invasion of Ukraine. The agency is working closely with Chainalysis, a leading blockchain analytics firm, to provide specialized tools and training to […]
Ukraine receives crypto investigation training from US IRS and Chainalysis
In an international move to intensify the clampdown on those avoiding cryptocurrency sanctions imposed on Russia, the United States Internal Revenue Service (IRS) has joined forces with the blockchain intelligence company, Chainalysis. This collaboration aims to equip and guide Ukraine’s law enforcement agencies to conduct comprehensive investigations to unveil those who are illicitly safeguarding their […]
Ukraine, US crack down on crypto exchange network
Ukrainian law enforcement, with the support of US investigators, has dismantled a network of nine cryptocurrency exchanges allegedly involved in laundering criminal proceeds. The National Police of Ukraine disclosed that these platforms were used for processing illicit funds obtained from ransomware attacks and various fraud schemes. International operation targets crypto exchanges In collaboration with the […]
EU is angry at China over remarks on Ukraine – Details
The European Union (EU) has expressed anger over controversial remarks made by China’s ambassador to Paris, Lu Shaye, about the sovereignty of Ukraine and other former Soviet states. Lu’s comments have prompted calls for Beijing to clarify its stance, as EU foreign ministers label the statements “unacceptable.” Diplomatic tensions over Ambassador’s remarks Lu Shaye, known […]
Ukraine to adopt new crypto regulations from EU
Ukraine is set to adopt the recently passed Markets in Crypto-Assets (MiCA) regulation from the European Union, marking a significant step towards integrating cryptocurrency assets into the nation’s legal framework. As the European Parliament approved the MiCA legislation, Ukrainian regulators have expressed their intent to implement the same regulatory package in their country. Ukraine regulators […]
Ukrainian grain ban triggers EU warning to Poland and Hungary
The European Union has warned its member states Poland and Hungary that unilateral action on trade is unacceptable after both countries announced bans on grain and other food imports from Ukraine. The move is designed to protect local agricultural sectors, but has raised concerns among European officials who stress the importance of coordinated action during […]
Russians send significant amounts of money to help Ukraine
According to reports from Ukraine’s Deputy Digital Minister, Russian citizens incensed by the invasion orchestrated by President Vladimir Putin are donating “significant amounts” of cryptocurrency to aid Ukraine. On February 24, 2022, two days after Russia’s troops and tanks crossed into Ukraine from the international border, Ukrainian government Twitter accounts posted appeals for crypto donations. […]
Ukraine’s banking giant pilots Stellar-based E-hryvnia
Tascombank, one of the oldest banks in Ukraine, has completed the trial run of its new digital currency built on the Stellar network. However, Tascombank is confident that its electronic money platform presents an economically beneficial utilization of blockchain technology. Tascombank explores the possibilities of the new Ukrainian digital currency through extensive testing In a […]
UN partners with Stellar to send aid to Ukraine
The United Nations (UN) has recently partnered with the Stellar Development Foundation to initiate a digital cash disbursement system empowered by the Stellar network. This technologically advanced system is equipped with Circle’s USDC, Vibrant, and MoneyGram International capabilities to ensure the swift and secure delivery of aid for those suffering from poverty worldwide, offering unprecedented […]
Amidst Ukraine crisis, Russia gets over $2m crypto aid to fund war
Ukraine’s latest Fiat rules to increase crypto popularity in the country
The act of modifying the exchange rates of Hryvnia to US dollars and restricting the exchange quantity may push Ukrainians to crypto. The representative of Ukraine’s local crypto sector holds that the latest Fiat restrictions could benefit the sector. The armed war between Russia and Ukraine has called for these new measures. There was a […]
Ukraine receives new crypto-donations from DeFi project
Ukraine has been getting stronger through the cryptocurrency market due to the decentralized scheme managed by the Blockchain. The country in Europe was attacked by Russia last February, and since then, casualties have been reported on both poles. Still, the Ukrainian territory has been the most affected, and several countries have shown their support through […]
Eurovision Song Contest 2022: NFT released for Ukraine charity auction
Crypto has proved to be one of the most significant channels for philanthropic support. The recent events have affirmed how they can transform the future of philanthropic action. Various charity organizations are using this channel to promote the humanitarian cause and help those in need. These organizations have set up crypto wallets where generous charities […]
Binance creats crypto card for Ukrainian refugees
TL;DR Breakdown Binance has launched a crypto card for Ukrainian Refugees The product will enable its users to make and receive payments using cryptocurrencies. Cryptocurrency, a solid support tool for Ukraine. Binance, the world’s biggest crypto exchange platform, has unveiled a crypto card for refugees from Ukraine. The new product, which was introduced this morning […]
Ukraine ban the purchase of crypto with fiat
TL; DR Breakdown Ukraine halts purchase of crypto with fiat The country plans to eliminate the outflow of capital Banks have previously banned crypto purchases The National bank of Ukraine has announced a ban on purchases of digital assets and related products using the native currency of the country. This is in line with the […]
Ukraine accepts crypto-donations to rebuild buildings affected by Russian conflict
TL;DR Breakdown • NFT auction in Ukraine raised about $600000.• FAPDH agent believes that cryptos help with problem between neighboring countries. Since the conflict between Ukraine and Russia began, thousands of mechanisms have been applied to avoid a major catastrophe. It is reported that the country in Europe has sold a good amount of NFTs […]
Upbit operator donates 1 billion Won to Ukraine
TL;DR Breakdown South Korean fintech company, Dunamu donated one billion won to Ukraine WFP ramps up food operation to Ukraine Dunamu, the operator of the largest South Korean cryptocurrency exchange Upbit, has become one of the latest companies to make a donation to Ukraine. As reported by Korea Herald on Tuesday, the Upbit operator donated […]
Ukrainian farmer auctions NFT tank at 250 ETH
TL;DR Breakdown • Farmers in Ukraine auction real tank NFT at 250 Ethereum.• The NFT tank auction involves three real pieces of Russian weapons. Since the Russian invasion of Ukraine started, several entities in Europe have used the strength of cryptocurrencies to benefit economically. Recently, several farmers in Ukraine have attempted to deal in NFT […]
Ukraine’s PrivatBank stops Bitcoin purchases with the national currency, Hryvnia (UAH)
TL; BR Breakdown PrivatBank which is the largest savings bank in Ukraine has blocked purchasing of Bitcoin using Ukraine’s national currency, the hryvnia. The bank announced the move just a day after Ukraine’s president Zelenskyy signed Ukraine’s bill on virtual assets. Despite the fact that the Ukrainian government has moved to legalize Bitcoin (BTC) amid […]
President Zelenskyy signs Ukraine’s bill on virtual assets
TL; DR Breakdown President Volodymyr Zelenskyy has signed Ukraine’s bill on Virtual Assets NSSMC and NBU will be the main cryptocurrency regulators in the country. Ukrainian President Volodymyr Zelenskyy signed a bill on virtual assets into law, which legalized bitcoin and other digital currencies, amid a surge of crypto donations to aid the country’s defense […]
Tether rejects Ukrainian appeal of banning Russian transactions
TL;DR Breakdown Tether stablecoin rejects the Ukrainian plea of banning business with Russia. Tether claims to abide by international sanctions imposed on Russia. The crypto world continues to believe that the industry should remain free from government interference. The cryptocurrency industry is highly influenced by global events. The same phenomenon is being observed during the […]
Russia reports crypto transactions despite US and European sanctions
TL;DR Breakdown • Russian fiat currency trades remain balanced for a while.• Ukrainians convert local currency to USDT after Russia attack Upon the increase in intensity of conflicts in Russia and Ukraine, cryptocurrencies are playing a key role in the Russian economy. Despite the sanctions imposed by the US and Europe in Russia, cryptocurrency transactions […]
Crypto for humanity: Binance charity support UNICEF with aid for Children in Ukraine
TL;DR Breakdown Binance charity donates $2.5 million to Ukraine to cater for Children. Many in northern part of Ukraine continue to feel massive impact of Russia’s invasion. UNICEF calls for more donation to provide more help for Ukrainians. Binance Charity, an arm of Binance exchange, has donated $2.5 million in cryptocurrency to UNICEF to help […]
Ukraine starts accepting donations in Dogecoin amid increasing conflicts
TL;DR Breakdown Ukraine continues to accept crypto donations from all around the world. The government announces the acceptance of Dogecoin to raise funds. Millions in crypto donations continue to make their way for Ukraine. The Russian invasion of Ukraine has remained in the headlines for a few days now. The conflicts are continuously increasing as […]
Over $17 million raised in crypto for Ukraine’s war effort
TL; DR Breakdown Ukraine receives over $17 million crypto donation The invasion of Russia in Kharkiv spikes groups of hackers As a show of support for the war-ravaged nation, crypto enthusiasts worldwide have banded together to donate millions worth of cryptocurrencies to the Ukrainian government. The donations received by the Ukrainian NGOs and government through […]
Crypto donations for Ukraine: NGO to support country with medicines and weapons using crypto
TL;DR Breakdown • NGO launches crypto project to support Ukrainians.• Crypto donations will be accepted in BTC, ETH, and USDT. Since the onset of the conflict between Ukraine and Russia, different organizations have considered launching crypto projects to help those most affected. Recently, an NGO, Come-Back-Alive, has raised funds in the three leading cryptos: Bitcoin, […]
Ukraine invasion leads to soaring gold prices, as Bitcoin holds on
TL;DR Breakdown Gold prices have spiked due to the Ukraine invasion. Stock markets continue to plummet. Bitcion and crypto markets resist, prices are up by almost 10% in 24 hours. Ukrainian crypto exchanges experience a 200% increase in trading volume. Since last week, the world has been on the edge as tensions between Russia and […]
