Archive | ukrainian

Six Fake Crypto Exchange Sites Busted by Ukraine’s Cyberpolice

The cybercrime combating unit of the Ukrainian police has uncovered a network of fraudulent crypto trading websites. Four people are suspected of offering the fake online exchange services. They have maintained at least six platforms luring cryptocurrency traders with deceptive messages. Also read: Survey: 13% of Net-Savvy Ukrainians Own Cryptocurrencies Police on the Lookout for More […]

New Party in Ukraine to Fund Itself Only with Cryptos

A newly formed party in Ukraine has vowed to rely only on cryptocurrency contributions to sustain its activity and never to accept money from the oligarchs. Weakening state control over economy and expanding civil liberties are among its main political priorities. The party wants to protect the interests of people and companies from the IT […]

Cisco Cybersecurity Team Cracks $50 Million Ukrainian Hacker Ring

For years Ukrainian hackers have preyed on bitcoin investors, emptying wallets and then hiding behind the inherent anonymity of the encrypted blockchain. $50 million in stolen cryptocurrency Now Cisco has exposed a notorious Ukranian hacker ring known as Coinhoarder (very subtle) possibly responsible for thefts equaling more than $50 million from Blockchain.info over many years. According […]

This Ukrainian Shipping Firm is Using Bitcoin to Evade Sanctions

A Ukrainian shipping company has become the first to accept payment in bitcoin. Its motivation for taking the digital currency? To evade economic sanctions. Shipping companies are obliged not to trade with sanction-hit countries such as Sudan, Yemen, and Qatar. Bitcoin provides a means of ensuring payment whilst enabling shippers to continue trading with these […]