Tag: russia invasion

Aug 18 2022

Ukraine Buys New Batch Of Weapons To Fight Russia Using $60 Million Crypto Donations

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 million in crypto to cause-oriented group Aid...

Apr 21 2022

U.S. Unleashes New Sanctions Against Russian Oligarchs, Bank And Crypto Miner BitRiver

The US Department of the Treasury is targeting companies, oligarchs, and bitcoin miners operating in Russia for the first time ever as the country's conflict on Ukraine enters its third month. Treasury officials announced Thursday that the department is now pursuing the Russian commercial bank Transkapitalbank, as well as a network of more than 40 individuals, including oligarchs like Konstantin Malofeyev, for allegedly...

Mar 10 2022

Ukraine Has Received $108 Million In Crypto Donations Following Kraken And BAYC Donations

On Wednesday, tracked total crypto donations to the government of Ukraine wallet addresses, charities, and humanitarian initiatives had topped $108 million. The official Bitcoin (BTC) and Ethereum (ETH) wallet addresses of the Ukrainian government, as well as a BTC donations address for Come Back Alive, are the top three beneficiaries of such cash. Tracked Donations To Ukraine Cross $100 Million On the same...

Mar 04 2022

LocalBitcoin Exempted All Fees For Crypto Donations To Ukraine

To voice solidarity with Ukraine, the famous peer-to-peer trading platform LocalBitcoin has exempted all fees on donated Bitcoins to Ukraine. As a result, the residents of Ukraine can now cash out their Bitcoins in local currency with no fees. LocalBitcoin published the announcement via a...

Mar 01 2022

War Couldn’t Make 1+ Yr Old Bitcoin Supply Budge As Hodlers Stay Strong

Mar 01 2022 Published at Bitcoinist.com under tags  bitcoin bitcoin hodlers btc btcusd russia

On-chain data shows the Bitcoin supply older than 1 year hasn't moved much recently despite the uncertainty due to the war. Bitcoin Hodlers Stay Strong As They Refuse To Move Their Supply According to the latest weekly report from Glassnode, the BTC supply older than a year hasn't shown much movement recently, suggesting that conviction remains strong among hodlers. The...

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