Ukraine Financial News

10.03 / 04:13

NFTS NFT collection Former Ukrainian boxer Wladimir Klitschko releases NFT to raise funds for country

Wladimir Klitschko has launched an NFT collection to aid the war-hit homeland. The decorated boxer has partnered with artist WhIsBe amid the ongoing crisis in the country. All proceeds from the collection titled — Vandalz for Ukraine: WhIsBe x Wladimir Klitschko — will go to Red Cross Ukraine and UNICEF. NFT marketplace OpenSea will be hosting the drop. The NFTs will be available to mint in a tiered pricing model of $100, $1,000 and $10,000. Funds from the NFT sale will go directly to Ukraine in its current defence against the Russian forces.

10.03 / 02:37

NASDAQ DOW 2020 500 Stock futures are little changed after S&P 500's best one-day rally since 2020

Stock futures were little changed in overnight trading Wednesday after the major indexes posted sharp gains as commodity prices cooled.

10.03 / 00:47

Government Law regulation Executive executive order Regulators and industry leaders react to Biden‘s executive order on crypto

Joe Biden has signed his 82nd executive order since being sworn into office in January 2021, directly addressing a regulatory framework for digital assets in a rare moment for the U.S. President.

10.03 / 00:45

hospital Ukraine war: Airstrike hits Mariupol maternity hospital, 17 reported hurt

A Russian airstrike devastated a maternity hospital Wednesday in the besieged port city of Mariupol amid growing warnings from the West that Moscow’s invasion is about to take a more brutal and indiscriminate turn. Ukrainian officials said at least 17 people were wounded in the attack.

10.03 / 00:35

regulation Europe European Union European Commission Sanctions on Russia and Belarus will include crypto — European Commission

The European Commission has clarified that crypto assets will fall under additional sanctions targeted against Russia and Belarus in response to the military conflict in Ukraine.

10.03 / 00:09

Adoption NFT Media Ukraine Outlets Offer Exclusive Content Behind an NFT Paywall

Three Ukrainian news outlets have partnered with Vault, a non-fungible token (NFT) platform, to offer exclusive content from within the country but behind an NFT paywall, requiring those interested to buy an "NFT key" in order to gain access.

09.03 / 21:29

Blockchain Ethereum Charity Bitcoin crypto donations Tracked crypto donations to Ukraine surge to $108M as Kraken, Bored Ape joins in

On Wednesday, total crypto donations across Ukrainian government wallet addresses, charities, and relief efforts tracked by Cointelegraph has reached $108 million. The top three recipients of such funds included the official Bitcoin (BTC) and Ethereum(ETH) wallet addresses of the Ukrainian government, and a BTC donations address for Come Back Alive.

09.03 / 20:49

business Blockchain Bitcoin Bitcoin still on track to reach $100K by 2023, says Bitbull Capital CEO

Bitbull Capital CEO Joe DiPasquale thinks Bitcoin (BTC) is still on track to reach $100 thousand within the next 24 months despite the bearish sentiment dominating the crypto markets since the start of the year. “I think 2023 is a safe bet. We might need some time during 2022 to take a breath and to kind of let out some of the steam,” DiPasquale said.

09.03 / 20:35

Chinese nickel trader Tsingshan faces $8bn loss as Ukraine war disrupts market

Chinese nickel titan Tsingshan Holding Group faces billions of dollars in trading losses, people familiar with the company said, after Russia’s war in Ukraine set off an unprecedented rise in the price of a key metal used in stainless steel and electric-vehicle batteries.

09.03 / 20:27

Biden and the Oil Industry Are at Odds, Clouding Effort to Tame Gasoline Prices

A tense relationship between the Biden administration and the oil industry is clouding the prospects for a unified response to the growing threat of energy shortages and surging gasoline prices in the wake of the crisis in Ukraine.

09.03 / 19:15

EQT boss urges portfolio firms to close down their Russia operations

The boss of Swedish private equity giant EQT is urging portfolio businesses to pull out of Russia in the wake of its attack on Ukraine.

09.03 / 18:51

cryptocurrency Europe European Commission EU Clarifies Crypto-Related Sanctions on Russia & Belarus, But Questions Remain

The European Union has today extended the scope of sanctions on Russia and Belarus, bringing clarifications on cryptoassets into the mix – but as the full legal text is not available yet, these points remain somewhat unclear.

09.03 / 18:27

MARKET regulation stocks Bitcoin Executive executive order Support Bitcoin Rally Gets Support From ‘Watershed’ Executive Order, Rising Stock Market

Traders bid the price of bitcoin (BTC) up strongly in the market today even before a new Executive Order by US President Joe Biden laid out plans for what was seen as a positive approach to digital assets. Also, an improved sentiment sent US stock futures higher, helping BTC too.

09.03 / 18:27

Digital Action Bitcoin Biden to Order Federal Agencies to Study Crypto Impacts

On March 9, President Biden will sign a long-awaited executive order instructing federal agencies to study various impacts of cryptocurrency use. The order will task regulators with reviewing risks to consumers, investors, and the economy at large. Following the study period, which will be ongoing for several months, federal agencies will prepare reports based on their findings. The White House will then use those findings in any new regulatory actions in the future.

09.03 / 18:03

Citi Citigroup ICE Citigroup puts Russian technology hiring spree on ice

Citigroup has put a planned recruitment spree of technologists in Russia on ice, as large investment banks face pressure to review their operations in the country in the wake of its invasion of Ukraine.

09.03 / 18:03

UPS exit Pressure grows on law firms to exit Russia and give up ‘money tainted by blood’

Pressure continues to build on international law firms to exit Moscow and cut ties with Russian clients following Vladimir Putin’s invasion of Ukraine.

09.03 / 16:59

Ripple services Why banks and professional services firms need a thorough sanctions review

Anna Rothwell is a senior lawyer at Corker Binning

09.03 / 16:59

UPS Deal Ukraine war threatens $130bn deal boom: ‘I’ve never seen such an acute turn’

Russia’s invasion of Ukraine is threatening to derail a deal boom that hauled in a record $130bn in fees for investment banks last year and helped prop up profits at the largest Wall Street and European lenders.

09.03 / 16:33

lawmakers House Lawmakers Include $13.6 Billion for Ukraine in Omnibus Spending Bill

WASHINGTON—Congressional leaders released a sweeping bill to fund the federal government for the 2022 fiscal year and send further military and humanitarian assistance to Ukraine, as well as appropriate money for the continuing pandemic response.

09.03 / 16:27

Gap Higher Vehicle, Energy Imports Push January U.S. Trade Deficit to New Record

The U.S. trade deficit hit a fresh record in January ahead of the Russia-Ukraine crisis, as imports of vehicles and energy supplies increased while exports fell.

09.03 / 16:07

Citi ‘Frustrated and powerless’ Ukrainians in London scramble to help war effort

Petro Levchenko left Ukraine’s capital city, Kyiv, when he was 16. He spent the past 14 years working at banks in London including BNP Paribas and Credit Suisse, before switching to run a cryptocurrency hedge fund.

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