Ukraine’s KUNA Bitcoin Exchange Crowdsale Begins
The largest Ukrainian Bitcoin agency KUNA announces the launch of a crowdsale campaign for its cryptocurrency exchange. KUNA’s Bitcoin exchange was launched in March 2014 to allow customers easily and safely convert digital currency in local (UAH). The founder of KUNA agency Michael Chobanian announced the preparation of required financial documents for the crowdfunding on the December 2. However, considering the centralized control over cryptocurrency exchange services in Ukraine, KUNA exchange found it difficult to continue its work without major innovations. Secondly, there is no legal....
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Through Bloomberg’s interview with KUNA’s Michael Chobanian, we can learn a lot about present-day Ukrainian life. The man’s job is to use cryptocurrencies to settle transactions at light speed. And to manage the crypto donations Ukraine gets from all over the world. Before the war, Chobanian was the name behind the KUNA exchange and the […]
Users have sent more than $48 million USD in crypto to government wallet addresses, roughly 24% of the platform’s $200 million goal. Crypto exchanges FTX and Kuna and staking platform Everstake have partnered with Ukrainian government officials to launch a donation website for users wishing to send crypto to help the country and its people.In a Monday announcement, Ukraine’s Ministry of Digital Transformation said the government had launched Aid for Ukraine, a platform that accepts donations in Bitcoin (BTC), Ether (ETH), Tether (USDT), Polkadot (DOT), Solana (SOL), Dogecoin (DOGE), Monero....
July 8 BreakoutCoin announced the completion of its public crowdsale, which raised about $557,000. A total of 4,357,800 BRK were distributed, with a further 2,269,694 burned and permanently removed from the market. With the crowdsale complete, Breakout Coin (BRK) is now trading on Bittrex. Randy Kim, co-founder of Breakout, stated: “We are very pleased with the results of this sale, and with the support that we received from both the cryptocurrency and gaming communities.” Another crowdfund launched. Also contained in the announcement is that a second crowdfund was launched at 5:00 pm PDT....
According to Ganna Voievodina, Ukraine’s law on digital assets was adopted “just in time” for companies handling crypto and a government looking for tax revenue. While many parts of Ukraine are still facing threats from Russia’s military, some residents, industry leaders and government officials are turning to digital assets for help in relocating people, funding humanitarian aid projects and getting supplies to its own soldiers.On Feb. 17, exactly one week before Russian forces began their attack on Ukraine, the country’s legislature adopted the “On Virtual Assets” bill. Ukrainian....
Kuna, a long-running native crypto exchange, sees a swift change in client activity amid currency controls and the hryvnia at all-time lows. Bitcoin (BTC) and altcoin trading volumes have surged at a major Ukraine cryptocurrency exchange in the aftermath of Russia's invasion, data shows.According to monitoring resource CoinGecko, on Feb. 24, volume at Kuna almost trippled to over $4 million.Crypto on the radar of UkrainiansAs the armed conflict with Russia began, the impact on the fiat currencies of both countries was immediately apparent.While the Russian ruble suffered noticeably more,....