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Ukraine Uses Donated Crypto to Pay for Military Supplies — Government Says $50 Million in Crypto Raised in a Week

Ukraine Uses Donated Crypto to Pay for Military Supplies — Government Says $50 Million in Crypto Raised in a Week

The Ukrainian government announces that $50 million in cryptocurrency was raised within a week since Russia began its invasion of Ukraine. The government has so far spent $15 million in donated cryptocurrency to buy military

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Value Locked in Defi Sheds $55 Billion in 2 Months, Ethereum’s Defi Dominance Loses 14%

Value Locked in Defi Sheds $55 Billion in 2 Months, Ethereum’s Defi Dominance Loses 14%

The crypto-economy has been sliding in value during the last 48 hours as the current market valuation for all 13,000+ crypto assets is $1.83 trillion. Furthermore, the total value locked (TVL) in decentralized finance (defi)

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Paypal Joins Other Payment and Remittance Providers Suspending Services in Russia

Paypal Joins Other Payment and Remittance Providers Suspending Services in Russia

A number of payment and remittance platforms, now including Paypal, have restricted access to their services in Russia as western sanctions over Moscow’s invasion of Ukraine continue to expand. Fintech companies have been limiting operations

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Singapore to Impose Restrictions on Russian Financial and Crypto Transactions

Singapore to Impose Restrictions on Russian Financial and Crypto Transactions

In a rare move, Singapore is going to introduce restrictions on certain Russian financial transactions and crypto operations aimed at evading sanctions. The decision comes amid officially expressed concerns that Moscow’s invasion of Ukraine is

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DeFi Tokens Tank as Devs Quit

DeFi Tokens Tank as Devs Quit

The native tokens of Yearn.Finance, Solidly, Fantom and other Andre Cronje-related projects have taken a beating after Andre Cronje’s sudden departure Yearn.Finance and Keep3r developer Andre Cronje called it along with fellow software architect Anton

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CoinShares’ Meltem Demirors on How Bitcoin Can Become a Risk-Off Asset

CoinShares’ Meltem Demirors on How Bitcoin Can Become a Risk-Off Asset

In the past couple of weeks, geopolitical tension in Europe escalated so much that it transitioned to an invasion of a sovereign country and a flat-out war that’s currently taking place on its territory. We

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Ukraine Crypto Donations: Government Now Accepts Over 70 Crypto Assets

Ukraine Crypto Donations: Government Now Accepts Over 70 Crypto Assets

Crypto payment processor Coingate and International Business Settlement (IBS) have started an arrangement with the National Bank of Ukraine (NBU) that enables well-wishers to send donations to Ukraine via more than 70 different crypto assets.

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Cardano(ADA) Will Compete on Par With Solana (SOL) Soon! Here’s Why?

Cardano(ADA) Will Compete on Par With Solana (SOL) Soon! Here’s Why?

Charles Hoskinson, the founder of Cardano (ADA), has announced a series of planned enhancements for the ninth-largest crypto asset by market cap, which he claims will result in substantial speed gains. Advertising Hoskinson claims in a new

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Visa, Mastercard, and PayPal Leave Russia: Suspend Services Following the Ukraine War

Visa, Mastercard, and PayPal Leave Russia: Suspend Services Following the Ukraine War

Visa, Mastercard, and PayPal joined the massive number of companies leaving Russia following Putin’s “special military operation” against Ukraine. As such, the question remains if Russians will turn to cryptocurrencies. Visa, Mastercard and PayPal leave

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Japan Looks to Stop Sanctioned Russian Entities From Transferring Crypto Assets

Japan Looks to Stop Sanctioned Russian Entities From Transferring Crypto Assets

As financial authorities around the world continue to target sanctioned Russian entities, regulators in Japan along with the country’s crypto association are attempting to find and close gaps that may be used to circumvent sanctions.

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