As tensions between Russia and Ukraine escalated, Russian billionaires were already feeling the pinch. Their net worth plunged after Russian President Vladimir Putin.
Following President Joe Biden’s announcement of tougher sanctions against Russia on Thursday, speculation grew as to whether crypto transactions could enable Russia circumvent.
On Friday, a Patreon fundraising website for the Ukrainian military was deactivated, although donations to the organization’s Bitcoin wallet surpassed $1 million. Come.
On Wednesday, Vitalik Buterin, co-founder of Ethereum, said in his mother tongue that Russia’s invasion of Ukraine “is a crime against the Ukrainian.
According to CoinGecko, the total crypto market cap was around $1.64 trillion at the time of publication, the lowest level since early August.
The aftermath of Russia’s expected incursion into Ukraine triggered more market woes on Feb. 22. Bitcoin (BTC) fell to new lows. BTC/USD hit.
According to media reports published on February 18, the Russian social network VKontakte has declared that it will enable NFTs. Alexander Tobol, the.
Bitcoin increased by over 3% to $39,351, while Ethereum increased by 3.4 percent. The market capitalization of cryptocurrencies increased by 0.4 percent to.
Concerns about a possible Russian invasion of Ukraine weighed heavily on crypto markets this week, knocking off nearly $160 billion in market value.
Russia is making progress on its crypto bill, with the Ministry of Finance requesting public input by the middle of next month to.