Category: Ukraine war

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Russian Crypto Buyers Face Whopping Premiums Amid Economic Crash

  As Russia continues its invasion of neighbor Ukraine, the Russian markets are spiraling out of control, and an increasing share of the country’s population is seeking financial refuge in cryptoassets. This is reflected in the sky-high premiums for those who wish to exchange RUB into bitcoin (BTC) via peer-to-peer exchanges, as indicated by the…
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Belarus Invades Ukraine – Verkhovna Rada

  Today, the northern neighbor of Ukraine, Belarus, invaded Ukraine, with the Belarus troops entering the Chernihiv region, north of the capital Kyiv, the Ukrainian parliament, the Verkhovna Rada, said. “Belarusian troops have entered Chernihiv region. The information was confirmed to the public by Vitaliy Kyrylov, spokesman for the North Territorial Defense Forces. More details…
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El Salvador’s President Bukele Silent on Ukraine War

  Media outlets in El Salvador have hit out at President Nayib Bukele and his government over the perceived “silence” on the matter of Russia’s invasion of Ukraine. ElSalvador.com, the online edition of the newspaper El Diario de Hoy – hostile to Bukele’s government on most matters – reported that there had been an “unexplained…
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Crypto Donations to Ukraine Near USD 20M

  At least USD 18.9m worth of cryptoassets has been donated so far to the Ukrainian government and the nongovernmental organizations (NGOs) providing support to the Ukrainian military after Russia launched an invasion of the country on February 24. As of February 27th, 23:50 UTC, data accumulated by the research firm Elliptic shows that the…
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Potential Fallout From War in Ukraine May Be Priced Into Crypto Market – Observers

  Russia’s invasion of Ukraine continues, and so do the discussions on how the worsening geopolitical, economic, and social factors may affect pretty much all segments of the wider society. Two crypto exchanges shared their views with Cryptonews.com on what may await the crypto market, and what segments are the most threatened…. Read More: Potential…
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Russian Central Bank Claims its SWIFT Alternative Is Ready

  The Russian Central Bank is talking up its SWIFT alternative as they try to go it alone without a way into the international banking network…. Read More: Russian Central Bank Claims its SWIFT Alternative Is Ready  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Ukraine War Reached Prediction Markets Too

  The war in Ukraine continues. On one side stands Russia’s well-equipped army, and on the other, Ukraine’s persistent fighters whose morale has been lifted with recent “strategic” wins. In short, there is a lot of uncertainty. Using this uncertainty, some speculators are making forecasts on key events using prediction markets, essentially betting on the…
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Crypto Exchanges Soon Could Be Forced to Block Russian Users – Kraken CEO

  In the aftermath of the Western sanctions on Russia due to its invasion of Ukraine, crypto exchanges could be soon required to freeze the accounts of their Russian customers, according to Kraken CEO Jesse Powell.  He was replying to a recent request put forward by Ukrainian Deputy Prime Minister and Digital Transformation Minister Mykhailo…
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Traditional Markets, Crypto Trim Losses, Moscow Exchange Won’t Open Today as Kyiv and Moscow Start Talks

 … Read More: Traditional Markets, Crypto Trim Losses, Moscow Exchange Won’t Open Today as Kyiv and Moscow Start Talks  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Polkadot’s Gavin Wood Under Fire For Ukrainian DOT Donation Proposal

  Polkadot (DOT) creator Gavin Wood has found himself under fire from various crypto industry observers after pledging he would donate USD 5m worth of crypto to Ukraine’s fight against Russian military aggression, but only if the country’s government posted an address in the blockchain’s native token DOT. Wood’s proposal has triggered numerous unfavorable comments,…
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