The Russia-Ukraine War Has Greatly Impacted Crypto, New Report Reveals
As the Russo-Ukraine war rages on, crypto has remained in the forefront of the war on both sides. President Vladimir Putin’s regime has been sanctioned by the West, led by the United States and the European Union, which included denying Russia access to foreign reserves. Soaring energy and commodity prices have harmed the global economy, […]
Related News
Scams have started exploiting the desire of many in the crypto community to support Ukraine’s efforts to withstand Russia’s military assault and help its citizens endure the conflict. As the country is raising millions in bitcoin, a report has indicated that fraudulent schemes luring donors to “help Ukraine” with cryptocurrency are on the rise.
Crypto Scams Entice Prospective Donors to Support Invaded Nation
People who wish to send cryptocurrency to the Ukrainians defending their country against a military operation launched by Russia, may fall into a....
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 […]
A hacker group is trying to leverage the ongoing conflict between Russia and Ukraine as it distributes malware that is capable of targeting bitcoin wallets. A report by Bitdefender Labs, a cybersecurity firm that focuses on the digital currency market, highlights how an alleged hacker group disguised one form of malware as another. According to the report, the perpetrators distributed software that they described as capable of disrupting the digital activities of Western governments fighting against Russia. In reality, the program secretly installs a malware package called Kelihos. This....
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 […]