Posts in category

Ukraine


The Ukrainian parliament wants to begin taxing residents’ cryptocurrency-related profits. Lawmakers proposed implementing a 5 percent tax on any cryptocurrency-related profits individuals and commercial entities see. These profits must be reported separately from other forms of income as well, according to the bill. Further, commercial entities would see their taxation rate jump to 18 percent …

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A member of the Ukraine Central Election Commission is investigating the use of blockchain in elections. Oleksandr Stelmakh, working for Ukraine’s Central Election Commission, commented on the ongoing trial Tuesday by way of Facebook. The trial run began back in July when Stelmakh encouraged his friends on Facebook to participate in a “test vote” that had …

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Ukrainian authorities have arrested four individuals suspected of running fake cryptocurrency exchanges, the nation’s federal police force announced Saturday. The National Police of Ukraine claimed in a press release that the suspects were arrested for operating as many as six fraudulent cryptocurrency exchange platforms. Cybercrime officials are still looking at the sites to establish how …

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Microsoft’s Windows Defender Antivirus has blocked an attack of more than 400,000 attempts over a span of 12 hours for trojans to infect users with a cryptocurrency miner, according to a Microsoft blog post on March 7. Windows Defender’s research showed that a little before noon (PST) on March 6, Windows Defender Antivirus began detecting …

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South Burlington, Vermont’s pilot program made in cooperation with global Blockchain real estate marketplace Propy Inc. has completed the first completely Blockchain-based real estate deed in the US, financial blog ZeroHedge reported Thursday, March 8. An unnamed source at Propy told ZeroHedge that the first totally Blockchain-based real estate transaction in the US had been …

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Technology conglomerate Cisco and the Cyber Police of Ukraine have revealed a Ukrainian Bitcoin (BTC) phishing ring that has stole over $50 mln over a three year period, Cisco’s threat intelligence team Talos reports. Talos was first alerted to the phishing threat on Feb. 24, 2017, when a Ukrainian-based phishing scheme, COINHOARDER, targeted the blockchain.info …

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The National Bank of Ukraine (NBU) has said it is “considering” introducing a digital version of its national currency, the hryvnia, that is not based on Blockchain, at least for now. The central bank reported in a Facebook post Thursday Jan. 11 that it is studying “new and innovative technologies” as part of the country’s …

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Senior officials in Ukraine are forming a new working group on cryptocurrency regulation, the country’s government announced on Thursday. During a meeting on cybersecurity and infrastructure matters, National Security and Defense Council chief Oleksandr Turchynov remarked that a lack of regulation around the tech constitutes a threat to Ukraine’s economy and security, according to a …

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Pavel Lerner, the managing director of the cryptocurrency exchange EXMO kidnapped in Kiev Dec. 27, was released today after paying a $1 mln ransom in Bitcoin, The Financial Times (FT) reports. Lerner was abducted in Kiev on Wednesday leaving his office. Ukrainian online publication Strana.ua was first to report that he was taken away by …

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According to local sources, Pavel Lerner, the managing director of the cryptocurrency exchange EXMO was arrested in Kiev on Tuesday. Citing a source in local law enforcement, the Ukrainian journal reports that Lerner was unreachable on Tuesday afternoon after he was abducted by “unknown persons” while leaving his office in the center of town and …

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This morning, Russian-language crypto-Blockchain news resource ForkLog reported that Ukrainian authorities raided the personal flat of its Founder and CEO, Anatoly Kaplan, and office in Odessa, seizing hardware and cryptocurrency funds. ForkLog alleges that members of the Security Service of Ukraine (SSU) plus two witnesses arrived at Kaplan’s flat in Odessa on Friday morning with …

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Ukraine-based shipping firm Varamar Ltd. is reportedly planning to accept Bitcoin as a method of payment in order to bypass sanctions being imposed on certain countries where companies want to do business with the shipper. By using Bitcoin, the firm will avoid the voluminous amount of paperwork related to international payments, as well as lower …

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It’s been two years since a former managing director of the Moscow Exchange resigned his position in the aftermath of Russia’s annexation of the Crimean region in his native Ukraine. Now, after years of exploring his options, Roman Sulzhyk has become the latest in a string of senior-level executives around the world to make the jump …

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As governments around the world continue spinning their wheels considering possible regulations for cryptocurrencies and ICOs, most are issuing warnings to consumers. The warnings are coming in waves, one after another. Some governments are so nervous, in fact, that they have issued warnings more than once. On November 9, the German government made a statement …

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Ukraine has been consistently moving towards legalizing Bitcoin in the country. The country has also endeavored to establish itself as a transparent nation by auctioning seized items through Blockchain by allowing digitized ledger of transactions for those who interested to see. On Oct. 30, Ukrainian Parliament’s Committee on Tax and Customs Policy Chairperson Nina Yuzhanina …

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