Pro-Russian groups raised only 4% of crypto donations sent to Ukraine
“While significant, the $2.2M worth of crypto donated to pro-Russian orgs still pales in comparison to the tens of millions in crypto donated to Ukraine,” said Chainalysis.
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Cryptocurrencies Are Essential For Ukraine’s Military Operations, High-Ranking Official Says
On July 26, Alex Bornyakov, Ukraine’s Deputy Minister of Digital Transformation, reasserted his support for cryptocurrencies on his Twitter account, saying they were “essential” for the country’s war against Russia.…
Latvian Artist Threatened With Prison for Money Laundering Through NFTs
An artist from Latvia is under investigation for allegedly selling NFTs, or non-fungible tokens, to launder money, for which he may get up to 12 years in prison. The authorities…
Meta History Museum Raised Over $1,000,000, Releases New NFT Collection in Support of Ukraine
The META HISTORY project team created Ukraine’s first NFT war museum one month after Russia’s full-scale invasion. Since then they have managed to raise $1,290,398 (803.28 ETH) for the Aid…
Ukraine’s New Fiat Restrictions to Boost Popularity of Crypto, Industry Says
The central bank of Ukraine has adjusted the fixed exchange rate of the national currency in U.S. dollars and introduced stricter limits on hryvnia transactions for citizens. The measures are…
Finland Sells 1,889 Seized Bitcoins for $47 Million — Proceeds Going to Ukraine
Finland has sold 1,889 bitcoins seized in narcotic cases for 46.5 million euros ($47.4 million). The country’s finance minister previously said that the bitcoin sale proceeds will go to Ukraine…
NFT sales will fund the restoration of physical monuments in Ukraine
“NFT[s] will not stop Russian missiles, but blockchain technology will contribute to the economic recovery and development of Ukraine,” said Alexander Borniakov.
Gold ‘Clearly Turned Bearish’ Says Societe Generale as TD Securities Strategists Expect Further Downside
According to market analysts, the precious metal gold is officially in a bear market and prices could remain suppressed over the next few weeks. Moreover, while the macroeconomic backdrop has…
Security Service of Ukraine Shuts Down Crypto Mining Farm Near Front Line in Kharkiv
Ukraine’s main law enforcement agency has busted an illegal facility mining cryptocurrencies in the Kharkiv region. The operators of the crypto farm have been minting coins using large amounts of…
White House Reporter Says Inflation Has Become ‘Biden’s Political Nightmare’ as Critics Slam Government Spending
While the latest Bureau of Labor Statistics Consumer Price Index (CPI) report indicates U.S. inflation has continued to print perpetual new highs, U.S. president Joe Biden is losing ground on…
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