Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions

Bankoff Crypto Cards Suspended Amid High Volume of Russian TransactionsBankoff, a platform offering virtual cards that could be topped up with cryptocurrency, has told customers its cards are no longer supported by payment systems Visa and Stripe. They allowed Russians to pay abroad after major processors restricted their services in the country. Visa and Stripe Halt Support for Bankoff Cards Payment processors Visa and […]

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Anonymous Hackers Claim to Have Breached Russian Payment Service Provider Qiwi

Anonymous Hackers Claim to Have Breached Russian Payment Service Provider QiwiA hacking group linked to the Anonymous collective has allegedly hit the popular Russian payment processor Qiwi. Network Battalion 65 announced on social media it had managed to gain access to the platform’s databases — a claim the company has denied. Anonymous Affiliate Hacks Russian Payment System Qiwi Hackers from Network Battalion 65 (NB65), a […]

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Binance Blocks Accounts Linked to Relatives of Senior Russian Officials

Binance Blocks Accounts Linked to Relatives of Senior Russian OfficialsDigital asset exchange Binance has blocked accounts tied to relatives of government officials in Moscow. Amid mounting international penalties over Russia’s invasion of Ukraine, the trading platform said it will continue to check for users associated with sanctioned individuals. Crypto Exchange Binance Bans Children of Top Russian Figures Binance, the world’s leading cryptocurrency exchange, has […]

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Finland to Donate Millions of Dollars From Sale of Seized Bitcoin to Ukraine

Finland to Donate Millions of Dollars From Sale of Seized Bitcoin to UkraineThe government of Finland is discussing supporting Ukraine with part of the money from the liquidation of millions of dollars worth of cryptocurrency seized in crime investigations. Finnish authorities want to sell the bitcoins soon and say they couldn’t come up with a better idea for the proceeds. Finland Selects Brokers to Sell $75 Million […]

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Georgians Sell Russian Regions as NFTs to Raise Money for Ukraine

Georgians Sell Russian Regions as NFTs to Raise Money for UkraineA tech innovations firm based in Georgia’s capital Tbilisi is now “selling Russia piece by piece” in the form of NFTs. The money from the collectibles, representing almost 2,500 Russian regions, will be used to help rebuild Ukraine, which was invaded by the Russian army two months ago. Georgian Project Auctions NFTs of Russian Land, […]

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Crypto Exchange With Belarusian Roots Halts Operations for Russian Users

Crypto Exchange With Belarusian Roots Halts Operations for Russian UsersCurrency.com, a crypto exchange founded and initially licensed in Belarus, has suspended operations for Russian clients. The restrictive measure comes in response to Russia’s assault on Ukraine, the platform said, noting that customers in other jurisdictions will not be affected. Currency.com Exchange Denounces ‘Terrible War’ in Ukraine, Denies Services to Russian Traders Crypto trading platform […]

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Anonymous Has Released Over 2 Million Russian Emails in Cyberwar With Russia

Anonymous Has Released Over 2 Million Russian Emails in Cyberwar With RussiaHacktivist collective Anonymous claims it has already published millions of leaked Russian emails. The group has been waging a cyberwar on Russia over its invasion of Ukraine, carrying out attacks on government institutions, state-run television channels, and the central bank. Russia’s Culture Ministry Becomes Latest Target of Anonymous Anonymous has released well over two million […]

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Crypto Exchanges Binance and Whitebit Offer Help for Ukrainian Refugees

Crypto Exchanges Binance and Whitebit Offer Help for Ukrainian RefugeesThe global crypto community has actively supported humanitarian efforts in Ukraine and two crypto exchanges are also looking to help Ukrainian refugees abroad. Binance, the largest coin trading platform, and the Ukrainian Whitebit have turned their attention to the Ukrainians who had to leave their country as a result of Russia’s invasion. Binance to Launch […]

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Bank of Russia Rejects Idea of Using Cryptocurrency to Circumvent Sanctions

Bank of Russia Rejects Idea to Use Cryptocurrency to Circumvent SanctionsThe Central Bank of Russia has turned down a proposal to allow the use of digital currencies for the purpose of sanctions evasion. The monetary authority believes this is hardly an option as Western regulators are already taking steps to prevent such transactions. Employing Bitcoin to Evade Sanctions Not Possible, Central Bank of Russia Says […]

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Russia’s Sberbank Denies Involvement in Recently Launched ‘Sbercoin’

Russia’s Sberbank Denies Involvement in Recently Launched ‘Sbercoin’Sberbank, the largest bank in the Russian Federation, has denied connection to a new cryptocurrency called “sbercoin.” The project is offering high returns to buyers of the token, which was launched shortly after Bank of Russia allowed Sberbank to issue digital currencies. Sbercoin Traded on Pancakeswap Exchange, Not Issued by Sberbank A crypto project called […]

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