Ukraine’s Government-Provided Crypto Addresses Raised $70 Million During War, Report
Crypto 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 […]
Crypto Groups on Russian Social Media Hit by Bots Discrediting Bitcoin
Social media groups devoted to cryptocurrencies in Russia have been attacked by bots in what looks like a campaign against bitcoin and the like. Their comments on Russia’s largest social media platform are triggered by certain keywords like crypto and blockchain, members of the community have noticed. Bots Flood Vkontakte Groups With Comments Against Cryptocurrency […]
North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils
The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for crypto theft, to be blamed on the hermit state. Cybercrime Groups Linked to North Korea Get […]
Crypto Exchanges Must Comply With Russia Sanctions, Singapore Central Bank Says
The Monetary Authority of Singapore (MAS) has reiterated that cryptocurrency exchanges need to conform to restrictions on Russian users imposed over Moscow’s invasion of Ukraine. The reminder comes after researchers established that pro-Russia activists have raised millions of dollars in digital assets to support its war effort. Singapore Says Measures Targeting Russia Apply to All […]
Pro-Russian Groups Raised $400,000 in Crypto Since Ukraine Invasion, Report Reveals
Groups supporting Russia’s war effort in Ukraine have been actively collecting cryptocurrency to fund paramilitary operations and evade sanctions, researchers say. According to a new report, these organizations use Telegram to raise money then used to pay for equipment and training. Paramilitary Groups Employ Cryptocurrency to Fund Russian Operations in Ukraine Pro-Russian groups have reportedly […]
Ukraine Blocks Crypto Wallet Used to Raise Funds for Russian Forces
The law enforcement and counter-intelligence agency of Ukraine has managed to seize the funds in a cryptocurrency wallet used to finance the Russian military campaign in the country. Officials in Kyiv claim that money collected through the wallet has been spent on military equipment for the pro-Russian separatist forces in the east. Ukraine Seizes Crypto […]