Ukraine Utilized Cryptocurrency Donations Valued at $70 Million in Bitcoin, Ethereum, and USDT to Purchase Military Equipment – Chainalysis

With Ukraine – Russia war, people from around the world donated to Ukraine valued over US $70 million as per the report published by Chainalysis. Bitcoin, Ethereum and USDT as the widely accept form of cryptocurrency as per the Government…

Stellar Collaborates With UNHCR to Provide Funds via USDC to Ukrainian Refugees.

Blockchain technology has been increasingly employed by humanitarian organizations to address issues with inadequate identification verification or a lack of banking in undeveloped or war-torn countries. Two Humanitarian Initiatives In December, two brand-new initiatives were unveiled, one of which will…

Chainalysis Report: Ukraine War Accelerated Russian Stablecoin Adoption

The war in Ukraine has affected the world in several ways, which include rising gas and food prices as well as increased political activism. It has also affected Russia’s economy negatively, with Russian investors scrambling to protect their assets. Following…

Ukraine Passes Crypto Anti-Money Laundering Law

The Ukrainian government has approved the final draft of a money laundering law that will handle virtual assets and virtual asset service providers (VASPs) per FATF guidelines. On Dec 6, Ukraine’s lawmaking body, the Rada published a final version of…

over-regulation is Stifling the Crypto Space in Ukraine according to the Country’s Central Bank Official

According to a Ukrainian central bank official, overregulation in Ukraine is putting a ceiling on crypto development in the country. According to the director of strategy and reform department of NBU, Mikhail Vidyakin, too many institutions in Ukraine have been…

High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange

In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…

US-UK Review of $20 Billion in Crypto Transactions Tied to Russian Exchange

The US and UK governments are currently conducting a comprehensive review of cryptocurrency transactions worth over $20 billion associated with Garantex, a Russia-based virtual exchange. This joint effort aims to address the issue of sanctions evasion, which has been supporting…

Balaji Srinivasan – Blue America’s Financial Struggles, Cryptocurrency Wars, and the Quest for Liberation

The global financial landscape is undergoing a significant transformation, with the US establishment grappling with financial challenges and seeking to gain control over the world’s finances. However, their expanding ambitions, As highlighted by Balaji in his twee., are being met…

Tether Takes Stand: $225M Frozen in Anti-Trafficking Move

In a proactive maneuver against nefarious undertakings within the cryptocurrency domain, Tether, a preeminent global stablecoin entity, has opted to take a resolute stance. This significant initiative involved the voluntary freezing of approximately $225 million worth of USDT tokens, ensconced…

North America Leads the Pack with $1.2 Trillion in Crypto Value Despite Market Declines.

According to Chainalysis, North America leads global cryptocurrency adoption, accounting for nearly a quarter of crypto transaction volume worldwide. However, declining crypto markets over the past year have impacted usage patterns in the region. Per a new report from blockchain…