Ukraine war Financial News

The Children of Heroes charity fund and the news outlet Cointelegraph have joined hands with the Cryptoverse to raise money and help war orphans in Ukraine. 

Once one of the largest cryptocurrency exchanges in the world before its monumental collapse two years ago, FTX said this week that nearly all of its customers will receive the money back that they are owed.

Fallen cryptocurrency exchange FTX says that nearly all of its customers will receive the money back that they are owed, two years after its spectacular implosion, and some will get more than that.

Ukrainian lawmakers and officials have received advanced training on identifying and investigating crypto-related financial crimes. The United Nations Office on Drugs and Crime and the OSCE Economic and Environmental Activities have organized the 4-day course.

Gary Wang, FTX co-founder, began his testimony against Sam Bankman-Fried on Thursday, alleging that he and his former college roommate and boss committed financial crimes and lied to the public before the cryptocurrency trading platform collapsed last year.

Ukrainian President Volodymyr Zelenskyy entered the chamber of the House of Commons to give his historic address to Canadians.Zelenskyy appeared to wipe a tear away as he was met with a minute-long standing ovation before Trudeau gave his welcome speech emphasizing the “pivotal” moment facing the world, and pledging $650 million in new funding to support Ukraine over three years.In his speech, Zelenskyy focused on the necessity to “never submit to evil” and began by talking about the construction of the world’s first Holodmor monument in Edmonton in 1983.“At that time, Ukraine didn’t yet have memorials commemorating the victims of genocide of Ukrainians because Ukraine was under Moscow’s control,” Zelenskyy said.Zelenskyy said that in the past 40 years, a lot has changed. Ukraine gained independence and dozens of countries recognized the systemic starvation of Ukrainians by Russia as a genocide.“It is genocide, what Russian occupiers are doing to Ukraine,” Zelenskyy said.“It is not just about an ordinary conflict.

A U.S. official said Monday that North Korean leader Kim Jong Un may travel to Russia soon to meet with President Vladimir Putin as the Kremlin tries to acquire military equipment for use in its war in Ukraine.

Russia’s central bank made a big interest rate hike of 3.5 percentage points on Tuesday, an emergency move designed to fight inflation and strengthen the ruble after the country’s currency reached its lowest value since early in the war with Ukraine.

The Russian ruble has reached its lowest value since the early weeks of the war in Ukraine as Western sanctions weigh on energy exports and weaken demand for the national currency.

Russian private military company Wagner Group’s march towards Moscow in June triggered a 277% surge in trading volume between the stablecoin Tether (USDT) and the Russian fiat currency.

The Internal Revenue Service (IRS) is offering virtual and in-person training sessions on tracing blockchain transactions for Ukrainian officials. 

The Euronews Brussels bureau brings you its latest episode of a new talk show that aims to break down European news and politics to make it more accessible to viewers. 

Mourners poured into St. Peter’s Square early Thursday for the funeral of Pope Emeritus Benedict XVI, hoping to pay final respects to the German theologian who made history by retiring and participate in a rare requiem Mass for a dead pope presided over by a living one.

The EU's smallest Member State, and Europe's most neutral nation, are set to play outsized roles in world events over the next two years, as Malta and Switzerland begin their term as non-permanent members of the United Nations Security Council. 

European Union member states agreed on Wednesday to "strongly encourage" a requirement that would obligate all travellers coming from China, regardless of nationality, to present a negative COVID-19 test as the number of infections surges in the Asian country.

Ukraine's President Volodymyr Zelenskyy said Russia was planning to call up more troops for a major new offensive, even as Moscow was facing some of its biggest internal criticism of the war over a strike that killed scores of fresh conscripts.

The conditions in Taliban-held Afghanistan will be worse in the year ahead, and more Afghans are bound to struggle for survival, a top Red Cross official said.

British Prime Minister Rishi Sunak promised 125 anti-aircraft guns and other air-defense technology as he made an unannounced visit Saturday -- his first -- to Ukraine's snow-blanketed war-time capital for talks with Ukrainian President Volodymyr Zelenskyy.

Ukrainian President Volodymyr Zelenskyy has accused Russian soldiers of committing war crimes and killing civilians in Kherson, parts of which were retaken by Ukraine's army last week after Russia pulled out.

Monday is the last full day of campaigning ahead of midterm elections in the US, with current President Joe Biden and former President Donald Trump making a final push for votes in the divided country. 

Final election results in Israel have confirmed a clear victory for former prime minister Benjamin Netanyahu, which should herald a triumphant comeback for the veteran politician at the head of a solidly right-wing alliance.