Coinbase Warns Some Russian Users Their Accounts May Be Blocked, Report Reveals

Leading U.S. crypto exchange Coinbase has reportedly notified certain Russian customers that their accounts may be blocked at the end of this month. According to Russian media, the trading platform has offered them to withdraw their funds unless they prove they are not under sanctions. Coinbase Reportedly Asks Russian Clients to Withdraw Funds Some Coinbase … Read more

Moody’s: Cryptocurrencies Unlikely to Help Russia Evade Sanctions

Russia’s ability to employ cryptocurrencies to circumvent international sanctions is restricted by the limited size of the crypto market, according to Moody’s. Despite increased use in small transactions, low liquidity is another factor preventing Russians from exploiting the utility of bitcoin and the like. Crypto Assets Not Viable Option for Sanctioned Russia, Moody’s Report Suggests … Read more

Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions

Bankoff, 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 … Read more

Anonymous Hackers Claim to Have Breached Russian Payment Service Provider Qiwi

A 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 … Read more

Ukrainian Soccer Club Shakhtar to Raise Humanitarian Funds Through NFT Sale

Shakhtar Donetsk, a leading soccer team in Ukraine, will sell a collection of non-fungible tokens (NFTs). The club intends to auction several signed jerseys to raise funds for Ukrainian citizens affected by the ongoing war with Russia. FC Shakhtar Donetsk to Auction Digital Collectibles With Help From Binance Binance NFT, the marketplace for non-fungible tokens … Read more

Binance Blocks Accounts Linked to Relatives of Senior Russian Officials

Digital 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 … Read more

Elon Musk Is First in Line as Ukrainian NFT Museum MetaHistory Launches Hall of Fame

Elon Musk is the first inductee into the Ukrainian NFT Museum MetaHistory’s Hall of Fame, but he will not be the last. Some other famous inductees include: Mila Kunis, Elton John, Jared Leto, Jim Carrey, and Benedict Cumberbatch. The Hall – MetaHistory’s Hall of Fame Since the start of the war in Ukraine many businesspeople, … Read more

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

The 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 … Read more