Zhao is the 14th wealthiest person globally, with a fortune of $96 billion. Russia’s inflation rate rose this week as the Rouble value dropped to record lows. To avoid “beating up” regular Ukrainians, the wealthiest cryptocurrency tycoon in the world allegedly disregarded Ukraine’s direct request to remove all Russians from
Russia in efforts to use their crypto holdings. Ripple CEO is confidently against the fact. Points out crypto’s KYC policies. The war still rages on as the sixth day, with Ukraine doing all it could to withstand the constant attacks of Russia. Despite all efforts and talks, a full stop
US corners and blocks all sorts of crypto based services for Russia. The US asks crypto exchanges to ban services to Russia . BTC and ETH on the rise. It’s almost going to be one whole week ever since Russia waged war on Ukraine. Day by day things are getting
The Rouble fell to record lows yesterday, raising worries of a banking collapse. According to the statistics, the fastest-growing wallets have considerable balances. Western sanctions have targeted Russia’s government and the rich elite, and the number of blockchain wallet addresses containing more than 1,000 bitcoin (approximately $43 million) has risen
The Russian market is supposedly Binance’s second-largest market behind Turkey. Leaving Russia might be terrible for major global exchanges like Binance. Ukrainian officials have asked for sanctions on Russian cryptocurrency holdings as the West continues to impose sanctions on Russian banks after Russia invades Ukraine. In a Sunday tweet, Ukraine’s
Over the previous 24 hours, the amount received has almost doubled. The Ukrainian government has now received $18.9 million. Banks and conventional means of money transmission are sluggish, costly, and sometimes controlled and monitored; crypto has emerged as the preferred option for fundraising and gifts. There have been several social
Ukraine takes the war now through cyber attack means. Rewards for those who come up with Russian politicians’ wallet addresses. Funds of nearly 50K BTC received so far for Ukraine. With the war between Russia and Ukraine getting tense day by day,Ukraine is looking for all possible ways to end
The EU Commission has agreed to implement a range of steps to isolate Russia. There will be a transatlantic group to guarantee that all sanctions are implemented. Several Russian banks have been removed from the Society for Worldwide Interbank Financial Telecommunications (SWIFT) messaging system by the European Commission to limit
As financial markets rose, the price of cryptocurrencies followed suit. The bulls made a comeback, and the coin surged by 10%. Bitcoin and Ethereum have recovered from Thursday’s plunge in the cryptocurrency market on Friday. According to statistics from coinglass.com, Bitcoin’s rapid rise has wiped away $172 million in short
The government may soon legalize crypto to continue its invasion of Ukraine. US market indexes did recover and closed the day with gains. According to the reports, Russian President Vladimir Putin has sidestepped the first wave of financial penalties imposed by the West. The government may soon legalize cryptocurrencies to
