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Ukrainian Police Detain Suspects in Abduction, Murder of Foreigner Over Bitcoin

Ukrainian Police Detain Suspects in Abduction, Murder of Foreigner Over BitcoinFour Ukrainian residents suspected of kidnapping and ultimately murdering a foreign national over his bitcoins have been detained, according to Kyiv police. During an operation to apprehend the suspects, police recovered money, the vehicle used in the kidnapping, and other material evidence. Police Recover Body of Slain Foreign National The Ukrainian police announced on July […]

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Ukraine’s Government-Provided Crypto Addresses Raised $70 Million During War, Report

Ukraine’s Government-Provided Crypto Addresses Raised  Million During War, ReportCrypto donations collected by the government in Kyiv since the start of the Russian invasion have amounted to almost $70 million, according to Chainalysis. Ether has been the most donated crypto followed by bitcoin and the stablecoin tether, the blockchain intelligence firm said in a report. Ukraine Receives Millions of Dollars in Various Coins From […]

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Ukraine Speeds Up Digital Hryvnia Project, Plans Pilot for This Year

Ukraine Speeds Up Digital Hryvnia Project, Plans Pilot for This YearUkrainian authorities are speeding up the development of the electronic hryvnia, a high-ranking government official indicated. The executive power in Kyiv is now in talks with the central bank and businesses involved in the project to pilot the digital currency as early as this year. Minister Says Ukraine Aims to Launch Digital Hryvnia Sooner Than […]

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Crypto Allows Ukraine to ‘Operate Internationally,’ Official Says

Crypto Allows Ukraine to ‘Operate Internationally,’ Official SaysAmid ongoing hostilities with advancing Russian forces, Ukraine has been increasingly relying on cryptocurrency donations to solve humanitarian problems and finance its defense efforts. Crypto helps the country to receive and quickly distribute money and operate internationally, a high-ranking government official has indicated. Ukraine Accepts, Spends Millions in Crypto, Deputy Minister Reveals Since the Russian […]

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Ukraine Targets Russian Politicians’ Crypto Wallets as Russian Banks Are Cut From SWIFT

Ukraine Targets Russian Politicians’ Crypto Wallets as Russian Banks Are Cut From SWIFTUkraine is now trying to expose cryptocurrency wallets used by politicians in Moscow amid warnings that Russia may employ digital coins to circumvent sanctions. The initiative comes as western allies agree to expel some Russian banks from SWIFT, the global interbank payments system. Government of Ukraine Seeks Info on Crypto Assets of Russian and Belarusian […]

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Crypto Community Discusses Warfare in Ukraine, Importance of Crypto, and the Future of Bitcoin

Crypto Community Discusses Warfare in Ukraine, Importance of Crypto, and the Future of BitcoinDuring the course of the early morning trading sessions on Thursday (EST), 24-hour statistics show the crypto economy dropped more than 11% in value against the U.S. dollar. While the leading crypto asset bitcoin shed close to 10%, a myriad of alternative digital assets lost close to 20% in value. The crypto market downturn is […]

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Russia, Ukraine Shut Down Several Cryptocurrency Farms

Russia, Ukraine Shut Down Several Cryptocurrency FarmsAuthorities in Russia and Ukraine have closed down a number of illegal crypto mining facilities allegedly powered by stolen electricity. The underground farms have been discovered around the capital cities, Kyiv and Moscow, as well as in the Russian republic of Dagestan. Russia Busts Illegal Mining Farms in Moscow Region and Dagestan Russian law enforcement […]

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Crypto Market Is ‘Development Vector’ of Nation’s Digital Economy, Ukraine President Says

Crypto Market Is ‘Development Vector’ of Nation’s Digital Economy, Ukraine President SaysPresident of Ukraine Volodymyr Zelensky has highlighted the importance of launching a legal digital assets market in his country during a working visit to the U.S. The Ukrainian head of state met with top investors including from the cryptocurrency industry. President Zelensky Highlights Importance of Ukraine’s Virtual Assets Market Speaking to venture capital funds and […]

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Ukraine’s Digital Ministry Plans to Pay Employees With Digital Hryvnia in Pilot Project

Ukraine’s Digital Ministry Plans to Pay Employees With Digital Hryvnia in Pilot ProjectEmployees of Ukraine’s Ministry of Digital Transformation may become the first in the country to get their salaries in digital currency. The National Bank of Ukraine is developing an electronic version of the Ukrainian hryvnia and the ministry is considering the option of using the state-issued coin for remuneration. Government Employees to Be Paid With […]

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Ukraine Shuts Down Crypto Exchangers Sending Money to Russian Wallets

Ukraine Shuts Down Crypto Exchangers Sending Money to Russian WalletsThe Security Service of Ukraine (SBU) has closed down a number of “underground” crypto exchangers in Kyiv. Officials say the platforms have been making a million dollars in monthly turnover and allegedly sending money to digital wallets operated by Russian payment providers. Law Enforcement Busts Cryptocurrency Exchangers in Ukraine Officers from Ukraine’s main law enforcement […]

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