The Russia-Ukraine War Is Becoming A War On Crypto
When Putin set out to invade Ukraine, the world wasn’t sure what he intended. But while threats were being exchanged, a variable that wasn’t considered in the war effort was something Russia was battling to legislate on: Crypto. Since the war started, Ukraine has continued to receive donations in crypto. Sanctions have also forced the […]
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The invasion of Ukraine by Russia prompted crypto donations from all around the world. It was intended to assist the country in acquiring all the necessary military weapons to withstand the conflict with Russia. Ukraine disclosed how they spent crypto donations, revealing that the majority was spent on armaments. The crypto community has chipped in $54 […]
Ukraine has an advantage in terms of crypto adoption over Russia, research shows, as the latter launches an invasion of Ukraine. Chainalysis, a market research firm, rated Ukraine fourth globally in its 2021 Global Crypto Adoption Index (GCAI), which tracks the amount and value of cryptocurrency exchanged in a country. While Russian President Vladimir Putin […]
Ukraine is currently undergoing turbulence and instability due to the Russian invasion. The disagreement between the two countries could be traced back to 2014 in the Revolution of Dignity. This is primarily after Russia annexes Crimea from Ukraine. Furthermore, Russia has fronted another invasion of Ukraine on 24 February 2022. The war between Ukraine and […]
Memecoins Dogecoin and Shiba Inu have crashed down over 20% following the war breakout between Russia and Ukraine. Dogecoin And Shiba Inu Suffer Big Losses After Russia-Ukraine War Commences War breaking out has historically been massive bearish news for markets, and sure enough, the largest memecoins in the crypto sector have taken a deep plunge […]
As opposed to fiat currencies and traditional financial systems, cryptocurrencies are considered unstoppable by central entities. And they are very much proving their effectiveness in the war-struck Ukraine. It has been a month since Russia began invading Ukraine. An escalation of the 8-year long Russo-Ukrainian war, the ongoing invasion is Europe’s largest military assault since […]