Ukraine Financial News

Boris Johnson heads to Northern Ireland on Monday to try to break political deadlock in the UK territory which also threatens to bring to a head differences with the EU over post-Brexit trading arrangements.

Attention turned elsewhere this weekend as Ukraine won the Eurovision Song Contest and both Sweden and Finland moved a step closer to joining NATO. 

Mumbai: Ashwin Nadar, a 25-year-old software engineer based in the country’s commercial capital, is still shocked by the sudden collapse of Luna, a popular cryptocurrency, last week. “It was a disturbing event. I bought Luna at $73 and got out at 24 cents,” he said. “I had a small investment, but as someone who believed in ‘smart contract’ cryptos, it was painful to watch the event unfold.” After the plunge, Nadar sold some of the altcoins he held—Avalanche, Near and Algorand—and moved money to Bitcoin and Ethereum for some time.

Ukraine’s victory in the Eurovision Song Contest boosted the moral of those still in the war-torn country.

Mohamed A. El-Erian, president of Queens’ College at the University of Cambridge, is a professor at the Wharton School of the University of Pennsylvania and the author of The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse 

NATO members' foreign ministers meet on Sunday in Berlin to discuss providing further support to Ukraine and moves by Finland, Sweden and others to join the western alliance in the face of threats from Russia.

A white 18-year-old opened fire with a rifle at a supermarket in New York state, killing 10 people and wounding three others Saturday in what authorities described as “racially motivated violent extremism”. Most of the victims were black.

In the third month of Russia's war against Ukraine, fighting continues in the country's east and south, with Putin's forces struggling to make significant progress.

Mohamed A. El-Erian, president of Queens’ College at the University of Cambridge, is a professor at the Wharton School of the University of Pennsylvania and the author of The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse 

A disruption in the flow of Russian gas to Europe this year is suddenly all too easy to imagine.

Finland's President Sauli Niinistö has formally notified Vladimir Putin of the country's application to join NATO, in a phone call on Saturday.

The Group of Seven leading economies warned Saturday that the war in Ukraine is stoking a global food and energy crisis that threatens poor countries, and urgent measures are needed to unblock stores of grain that Russia is preventing from leaving Ukraine.

Police arrested two owners of a company that manufactures and sells security cameras after a massive fire reportedly started in their office in a four-storey commercial building in the Indian capital, killing 27 people and injuring 12 others, police and fire officials said Saturday.

Innovations in the crypto space appear daily. Whether through decentralized applications or new ways to implement and use nonfungible tokens (NFTs) within decentralized finance, blockchain technology is innovating at the speed of light. The only thing missing? Widespread adoption. One thing holding this back is the very public nature of the blockchain. DeFi, as it operates now, lacks meaningful privacy. In order to catalyze broad adoption for businesses, governments and individuals, those executing blockchain transactions should expect regular, consistent privacy.

In the third month of Russia's war against Ukraine, fighting continues in the country's east and south, with Putin's forces struggling to make significant progress.

Bitcoin was conceived more than a decade ago as «digital gold,» a long-term store of value that would resist broader economic trends and provide a hedge against inflation. But bitcoin's crashing price over the past month shows that vision is a long way from reality. Instead, traders are increasingly treating the cryptocurrency like just another speculative tech investment. Since the start of this year, bitcoin's price movement has closely mirrored that of the Nasdaq, a bench mark that's heavily weighted toward technology stocks, according to an analysis by the data firm Arcane Research. That means that as bitcoin's price dropped more than 25% over the past month, to under $30,000 on Wednesday — less than half its November peak — the plunge came in near lock step with a broader collapse of tech stocks as investors grappled with higher interest rates and the war in Ukraine.

A young Russian soldier has gone on trial in Ukraine for war crimes, after he was accused of murdering a Ukrainian civilian.

In Southern Ukraine, the city of Mykolaiv was shelled throughout the night and into Friday morning. And one of the buildings hit was a garage owned by a civilian.

Ukrainian officials have used funds from the crypto donation platform launched by the government to purchase supplies for the country’s military amid its ongoing war with Russia.

This year's Eurovision Song Contest in Italy is bringing joy and music to living rooms across the continent just when it's needed the most -- amid a devastating war in Ukraine and a cost of living crisis. 

Centralized exchanges (CEXs) have come a long way since they came onto the cryptocurrency scene, now becoming the most widely used platform for buying and trading digital assets. However, since their inception in 2010, exchanges have evolved significantly; their teams are now working with regulators, auditors and user experience specialists to develop institutional and public trust in blockchain technologies and their underlying cryptocurrency assets.