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Ukrainian Steals Bitcoin From Russian Darknet Market, Donates to Charity

Ukrainian Steals Bitcoin From Russian Darknet Market, Donates to CharityA Ukrainian living in the U.S. has reportedly hacked a major drug market on the Russian dark web, diverting some of its crypto proceeds. The man says he donated the digital cash stolen from the illicit website to an organization delivering humanitarian aid across his war-torn homeland. Wisconsin Resident With Ukrainian Roots Hacks Russian Dark […]

South African Firm Altvest Capital Adds Bitcoin to Treasury

Russia and Cuba Eye Cryptocurrencies for Settlements Amid Sanctions

Russia and Cuba Eye Cryptocurrencies for Settlements Amid SanctionsBoth facing sanctions, Russia and Cuba are looking into alternative options for cross-border payments, including cryptocurrencies, a Kremlin advisor has unveiled in Havana. Moscow is already developing a mechanism for crypto settlements to circumvent financial restrictions imposed over its invasion of Ukraine. Crypto and Ruble Considered for Payments in Trade Between Russia and Cuba The […]

South African Firm Altvest Capital Adds Bitcoin to Treasury

Ukraine’s Deputy Digital Minister Rejects ‘FTX-Democrats Narrative’

Ukraine’s Deputy Digital Minister Rejects ‘FTX-Democrats Narrative’Claims that Ukraine has invested military aid into the bankrupt crypto exchange FTX have been rebutted by a representative of the Ukrainian government. Speculation circulated on social media suggested such funds have been returning to the U.S. via FTX donations for the Democratic Party. Kyiv Official Describes as Nonsense Allegation That Ukrainian Investment in FTX […]

South African Firm Altvest Capital Adds Bitcoin to Treasury

US Charges Russians, Venezuelans for Sanctions Evasion Using Cryptocurrency

US Charges Russians, Venezuelans for Sanctions Evasion Using CryptocurrencyA group of Russian and Venezuelan nationals have been charged by U.S. authorities for their roles in a scheme to circumvent Western sanctions and launder money on a global scale. They have been accused of obtaining military technologies from American companies, smuggling oil, and disguising money flows for Russian oligarchs through shell companies and crypto […]

South African Firm Altvest Capital Adds Bitcoin to Treasury

Localbitcoins, Crypto.com, Other Providers Suspend Services for Russians Under EU Rules

Localbitcoins, Crypto.com, Other Providers Suspend Services for Russians Under EU RulesComplying with the latest EU sanctions targeting Russia, well-known cryptocurrency platforms like Localbitcoins, Blockchain.com, and Crypto.com have started to restrict or terminate services for Russian accounts. The moves follow the adoption of new European penalties in response to Moscow’s military escalation in Ukraine. Major Crypto Platforms Conform to EU Measures, Restrict Services for Russian Users […]

South African Firm Altvest Capital Adds Bitcoin to Treasury

War Spurs Crypto Activity in Russia and Ukraine, Chainalysis Reports

War Spurs Crypto Activity in Russia and Ukraine, Chainalysis ReportsThe deadly conflict that started with Russia’s assault on Ukraine has increased crypto-related activity in both countries, according to Chainalysis. Fiat inflation and sanctions pressure led to several spikes in transaction volumes this year, the blockchain forensics firm has found, while Eastern Europe as a whole sustained its role in the global crypto ecosystem. Russians […]

South African Firm Altvest Capital Adds Bitcoin to Treasury

Ukraine’s Kharkiv Art Museum Launches NFT Collection With Binance to Raise Funds, Secure Jobs

Ukraine’s Kharkiv Art Museum Launches NFT Collection With Binance to Raise Funds, Secure JobsThe art museum in the Eastern Ukrainian city of Kharkiv has partnered with cryptocurrency exchange Binance to offer non-fungible tokens (NFTs) of some of its most valuable artworks. Proceeds from the auction will be used to restore the museum’s activities and support its staff. Ukrainian Museum to Sell 15 Works of Art as Digital Collectibles […]

South African Firm Altvest Capital Adds Bitcoin to Treasury

Crypto Exchanges Still Available to Russians Despite Latest EU Sanctions, Report Unveils

Crypto Exchanges Still Available to Russians Despite Latest EU Sanctions, Report UnveilsA list of crypto exchanges, including global platforms, have not introduced new restrictions on Russian users after the EU’s most recent sanctions round, Russian crypto media reported. The latest European penalties target an array of crypto-related services to increase pressure on Russia amid an escalating conflict in Ukraine. Major Exchanges Continue to Work in Russia […]

South African Firm Altvest Capital Adds Bitcoin to Treasury

Latest EU Sanctions Expected to Stimulate Russia’s Own Crypto Market, Exchanges Maintain Services

Latest EU Sanctions Expected to Stimulate Russia’s Own Crypto Market, Exchanges Maintain ServicesThe new crypto sanctions imposed by the European Union are likely to spur the development of the country’s digital asset market, according to a Russian lawmaker. Anatoly Aksakov, who chairs the parliamentary Financial Market Committee, believes Russians will manage to bypass the restrictions. Meanwhile, major exchanges have reportedly informed Russian users that trading continues. Russians […]

South African Firm Altvest Capital Adds Bitcoin to Treasury

EU Bans Crypto Services for Russians in New Sanctions Over Ukraine Escalation

EU Bans Crypto Services for Russians in New Sanctions Over Ukraine EscalationAn array of crypto-related services have been targeted in the latest round of sanctions on Russia approved by the EU. The measures are part of an expected tightening of the economic and financial restrictions in response to Moscow’s decision to annex Ukrainian territories. EU Council Adopts Full Ban on Crypto Wallet and Custody Services for […]

South African Firm Altvest Capital Adds Bitcoin to Treasury