Ukraine Invests $15 Million Worth Crypto Donations in Military Equipment
According to Alex Bornyakov, Ukraine’s Deputy Minister of Digital Transformation, Ukraine has invested $15 million on military equipment using crypto donations. These include bulletproof vests, food, bandages, and night-vision equipment not even two days into Russia’s incursion into Ukraine. While some vendors accepted cryptocurrency, others only took euros or dollars, requiring the transfer of specific […]
Bitcoin Skyrockets as Ruble Fall: What Role Does Crypto Play In The Ukraine-Russia Conflict?
We are all aware of how many lives have been lost due to the Ukraine-Russia conflict, and it appears as World War 3 has begun. People throughout the world are supporting those in need in various ways. In such difficult times, cryptocurrencies play a pivotal role on both sides of the conflict Russia is causing […]
Russia Crypto News: Bitcoin Becomes An Intriguing Alternative in Russia-Ukraine Conflict
The Russia-Ukraine conflict has put a severe hit on the global economy. With Russia invading Ukraine, it is said that World War 3 has just begun. The crisis in Ukraine and sanctions imposed on Russia have resulted in the use of Bitcoin as an alternative currency, including millions of dollars in Bitcoin donations. Since the […]
Russia Crypto News: How NFTs Play an Important Role in the Russia-Ukraine Controversy?
NFT is moving away from cryptocurrency and toward tangible goods. The trend is accelerating, and it has a promising future. Since Russia began its invasion of Ukraine, underneath it all, NFTs are doing their part to contribute to the incredible urge that has swept across the ecosystem. Donations in Cryptocurrency & NFTs Are Surging in […]
Russia Ukraine News: Ukrainians, Russians Shifting to Cryptocurrency as Russia’s Economy Deteriorates
Despite the upheaval in the global markets, Bitcoin rose to a two-week high on Tuesday due to a spike in buying by Russians and Ukrainians who may be seeking safety in cryptocurrency as their fiat currencies deteriorated. According to CoinMarketCap, Bitcoin was up 13.8 per cent in the last 24 hours to $43,618, while ETHER, […]
Russia Ukraine Crypto News: Bitcoin Trading Volumes in Russia, Ukraine Reaches All-time High
Bitcoin trading volumes against the Russian currency have reached their new all-time high in over a year. At the same time, people using Ukraine’s hryvnia hit new highs in October 2021. What Happened as a Result of the Embargoes? NATO and the EU have remained neutral in a direct military battle and have promised not […]
Donations of Encrypted Crypto to Ukraine Surpassed $13 Million
The value of encrypted crypto donations to help Ukraine fight Russia has reached a new high of $13 million. This breakthrough was announced by @WuBlockchain in the following statement, which includes a breakdown of coin contributions. Ukraine has received cryptocurrency donations totalling 1,349 Ethereum (ETH), 204 Bitcoin (BTC), and different amounts in Tether (USDT) and […]
Russia Crypto News: Bitcoin Might Help Russia to Avoid Economic Sanction – Putin can Legalize Crypto Soon
Following the impositions of new economic sanctions by US, Japan, Australia, etc aimed at isolating Russian institutions from the global financial system, experts are looking to use cryptocurrencies to avoid economic sanctions which result in providing legal status to Bitcoin and other crypto. Using Cryptocurrencies Replacing US Dollar Would Be A Severe Economic Sanction Violation […]
Ukrainian Army has Accumulated $400,000 Crypto Donations in the Last 24 Hours
According to an analysis from blockchain firm Elliptic, Come Back Alive, a Ukrainian non-profit organisation that raises crypto donations for the Ukrainian army, accumulated more than $400,000 in digital tokens in the last day. The average contribution is between $1,000 and $2,000, and the group has received at least 317 individual grants in the last […]
Russia Ukraine News: Crypto Price Plunges, Investors Recommend to Buy the Dip
In the early Asian hours, crypto markets witnessed almost $242 million in liquidations as markets responded to Russian soldiers marching deeper into Ukraine in what Russian President Vladimir Putin dubbed a “special military operation.” Bitcoin, the world’s most popular cryptocurrency, plunged by more than 8% to $34,932.07. Ethereum, the second-largest cryptocurrency by market value, fell […]