Anisha

After imposing devastating sanctions on Russia, the White House and the Treasury Department have issued a warning to US-based businesses and individuals not to support crypto transactions addressed to specific Russian individuals and banks. U.S. residents may not use digital currencies to benefit Russia’s government — including the nation’s central bank — as an attempt to shift U.S. […]

On Monday, Israeli officials seized 30 crypto wallets from 12 exchange accounts involved in terrorism funding related to Hamas, a terrorist organization located in the Gaza Strip. Al-Mutahadun, a cryptocurrency exchange, hosted the wallets where 12 accounts were allegedly used by Hamas operatives to fund acts of terrorism against Israel. According to the Times of Israel, Israel’s Defense Ministry […]

The Ministry of ICT, Science, and Future Planning in South Korea has invested 223.7 billion KRW (around $187 million) for building a broad Metaverse ecosystem, with the aim to support digital content and corporate growth in the nation. The Ministry stated in a public announcement on February 27 that funds will be used to fulfill four primary […]

Following Ukraine’s request to major exchanges to block Russian and Belarus investors, multiple crypto exchange platforms have replied. Despite the crypto community highly criticizing Russia’s actions, Ukraine’s request was also criticized by the community. On Sunday, Ukraine’s Vice Prime Minister and Minister of Digital Transformation, Mykhailo Fedorov, tweeted the request. This came shortly after the […]

On Sunday, days after Russia decided to invade Ukraine by performing “special military operation,” the latter ratcheted its stance against the former’s crypto users, saying that it is time to “sabotage ordinary users.” Vice Prime Minister Mykhailo Fedorov asked “all major crypto exchanges to block addresses of Russian users” on Twitter. He has previously requested information regarding digital wallets […]

A major name in the crypto community, Elon Musk, who is the owner of Tesla Inc. and aerospace manufacturer SpaceX, has been silent on the Russia-Ukraine crisis. However, recently the tech billionaire has come forward to rescue Ukraine’s internet after the nation’s Vice Prime Minister Mykhailo Fedorov directly reached out to him on Twitter. On Friday, Ukrainian […]

According to blockchain analysis firm Elliptic, Ukraine’s government has raised more than $8 million in cryptocurrencies after appealing for donations of bitcoin and other digital tokens on social media, as we reported. Following Russia’s invasion of Ukraine, Ukraine’s official Twitter account made a call for crypto donations on Saturday, revealing digital wallet addresses for tokens such as […]

In a world where no major e-commerce platform has taken the step to accept cryptocurrencies, it would be the topic of interest among the crypto community if one does so. As per the report by Reuters, America-based e-commerce corporation eBay Inc., which aspires to be the global market for Gen-Z and millennials, is looking at […]

The Ukrainian government reached out to the crypto community in the first week of the Russia-Ukraine war to raise crypto donations to support its people and military. Ukraine has begun taking donations in Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). As Russia threatens to conquer Ukraine’s capital city of Kyiv, there has been heavy talk on social media, […]

Russia’s action to perform a special military operation on Ukraine has resulted in outpouring sympathy for the latter in the crypto community. Many people want to donate crypto to help the country, but they fail to do so due to lack of information. How to donate crypto to Ukraine? The first and foremost important step is […]

This week has seen a massive drop in the crypto market due to Russia- Ukraine cruising, with the market finally recovering back to normal. We at TheCoinRise are here to summarise it for you. Interestingly, despite the ongoing situation in the market, it has been found from a new survey that 77% of family offices in the United States […]

The renowned Japan-based e-commerce company Rakuten has announced that it has launched its own non-fungible Token or NFT trading platform, Rakuten NFT. In response to the growing popularity of NFTs around the world, the company announced plans to build a proprietary NFT marketplace last year. The NFT marketplace, according to Rakuten, also includes an interface that enables […]

After the White House sanctioned five major banks in Russia — VTB, Sovcombank, Otkritie, Novikombank, and Promsvyazbank — as a result of its attitude towards Ukraine, the sanctioned banks no longer will be able to support services like Apple Pay and Google Pay. As per the announcement by the Central Bank of the country, the credit and debit cardholders in […]

The Goldman Sachs senior Roger Bartlett, who has worked for multiple roles at the bank since 2005, has announced his departure from the firm by joining crypto exchange giant Coinbase. Coinbase appoints Roger Bartlett to run its global financial operations After 16 years in the investment banking behemoth, Bartlett announced on LinkedIn on Friday that he has […]

On Thursday, Following Q4 financial report by Coinbase, the community’s expectations blew away, with the company reporting $2.5 billion in net revenue for the period, outperforming analyst projections by 27%. Coinbase outperformed the predictions Coinbase was expected to produce $1.9 billion in sales for the last quarter of 2021, according to FactSet. Notably, transaction revenue more than doubled […]

The European Central Bank (ECB) is seeking approval from lawmakers for a crypto-related regulatory framework, signaling the potential prevention of Russia from getting around economic sanctions. While talking to reporters during a casual meeting of economics and finance ministers on Friday, ECB president Christine Lagarde said that the central bank is aiming to implement the sanctions on […]

Despite Bitcoin’s (BTC) three-month fall and the ongoing Russia-Ukraine crisis, crypto mining firms in the United States remain devoted to boosting their hash rate with more hardware. Boosting the Bitcoin hash rate is the primary aim  Marathon Digital Holdings and GEM Mining, both United States-based Bitcoin mining firms, announced that they aim to extend their operations […]

In reaction to Russia’s attack on Ukraine, U.S. President Joe Biden issued penalties that did not include cutting Ukraine off from SWIFT payments or crypto transfers. Biden said the U.S. and its allies in the region would be enforcing sanctions intended at exacting “devastating costs” on Russia as a result of “Putin’s war of choice against Ukraine,” […]