The Kyiv Post

Launched in 1995, Kyiv Post is Ukraine’s leading English-language newspaper, produced by a team of Western and Ukrainian journalists. Over the years, the weekly newspaper has led the charge for a free press in Ukraine, and has played roles in the Georgiy Gongadze scandal, the Orange Revolution and other significant Ukrainian events. The Kyiv Post’s IT coverage is sponsored by Looksery, Ciklum, Steltec Capital and SoftServe. The content is independent of the donors.

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Ukrainian secret service unveils names of Russian hackers attacking Ukraine since 2014

Ukraine’s Security Service (SBU) has finally disclosed the names of a Crimea-based hacker group who have allegedly been attacking Ukraine on Russia’s orders for more than seven years. The hacker group Armagedon, also known globally as Gamaredon or Primitive Bear, attacked Ukrainian government agencies and critical infrastructure, including hospitals, banks, factories and power stations. In …

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Facebook sues Ukrainian hacker for selling user information from 178 million accounts

Facebook is suing a Ukrainian national suspected of scraping and selling information from 178 million users on the platform in 2018-2019, according to American publication Insider. According to the court documents, Ukrainian hacker Alexander Solonchenko exploited a feature in Facebook Messenger called ‘contact importer,’ which allows users to sync their phone address books and view which of …

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Party Space attracts $1 million to make online events less boring

Ukrainian startup Party Space attracted $1 million from Ukrainian fund TA Ventures, business angel network ICLUB and Hungarian fund Day One Capital, the company’s cofounder Yurii Filipchuk announced on Oct. 13. The main idea behind Party Space is to make online meetings more interesting. Ukrainian techies Yurii Filipchuk, 29, Arthur Ostapenko, 37, and Dmitry Zvada, 32, launched a service amid …

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Ukrainian-Czech startup Choice raises €700,000 to develop QR menu cards

Last year, while Ukrainian cafes and restaurants were struggling to live through the pandemic, losing 30% or $531 million in sales income last year, two Ukrainian entrepreneurs, Vladimir Olyanitsky, 27, and Alex Ilyash, 27, turned the crisis into an opportunity. They created Choice, a company that develops QR menus for food chains and hotels. Registered in Czechia, …

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Respeecher startup creates artificial voices for Hollywood

When young Luke Skywalker appeared in the final episode of “The Mandalorian,” a spin-off series of the Star Wars films, viewers were left speechless. Skywalker looked like his 28-year-old self, despite being portrayed by 68-year-old U.S. actor Mark Hamill, who has played the character since 1977. To make the iconic Jedi look younger, director Jon …

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A unicorn in exile: PandaDoc raises Series C round after moving staff from Belarus to Ukraine, Poland

Belarus-founded tech firm PandaDoc, which moved staff to Ukraine and Poland in 2020 during the protests against dictator Alexander Lukashenko, has become a ‘unicorn,’ bringing its total valuation to $1 billion, according to the company. The company doesn’t disclose how much money it raised during the most recent investment round. Forbes estimates that PandaDoc’s investors, Canadian OMERS …

A unicorn in exile: PandaDoc raises Series C round after moving staff from Belarus to Ukraine, Poland Read More

Ukrainian startup raises $900,000 to create NFT-supporting fan engagement apps

Earlier this month Blocksport, a startup developing mobile apps for teams to find and attract sponsors, sell merchandise or collect data about their fans, attracted $900,000. The Chinese venture capital firm Panda Capital, the US fund Aves Lair, Switzerland’s CV VC and smaller investors contributed $500,000 to the round while $400,000 came from token sales. …

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Ukrainian Parliament passes law to legalize cryptocurrency

Update Oct. 5, 2021: President Volodymyr Zelensky vetoed the bill and sent it back to parliament for changes. A draft law legalizing and regulating cryptocurrency and other virtual assets like tokens in Ukraine has passed the parliament in the second reading on Sept. 8. A total of 276 Ukrainian lawmakers voted for the bill. Cryptocurrencies have been …

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Kazakh fintech giant to acquire Ukraine’s online payment service Portmone

Kazakhstan’s largest financial technology firm Kaspi.kz has signed a purchase agreement with Ukraine-based online payment service Portmone, according to financial statements Kaspi.kz published on July 26. If Ukraine’s Antimonopoly Committee and the National Bank approve the acquisition, Kaspi Pay, a subsidiary of Kaspi.kz, will buy 100% of shares of Portmone Group. Kaspi.kz expects to finalize the deal in …

Kazakh fintech giant to acquire Ukraine’s online payment service Portmone Read More

Ukrainian Security Service uncovers bot farm that sells bots to Russia

Ukraine’s Security Service (SBU) detained a Ukrainian national who is suspected of setting up a bot farm to sell fake online accounts, called bots, to Russian customers. The suspect, a local tech specialist, allegedly used nearly 12,000 SIM cards of Ukrainian and Russian mobile operators to create fake user profiles in social networks, messengers and electronic wallets, …

Ukrainian Security Service uncovers bot farm that sells bots to Russia Read More

Illegal crypto mining or legitimate computer gaming research: Tech company suffers $1 million in losses after secret service raid

It appears that one of the largest “crypto mining farms” that Ukraine’s Security Service claims to have ever exposed wasn’t mining cryptocurrency at all. On July 8, the Security Service (SBU) seized over 5,000 Sony PlayStation consoles and graphics cards in a warehouse adjacent to the facilities of Vinnytsiaoblenergo, an energy distributor in Vinnytsia, a city of almost 400,000 people …

Illegal crypto mining or legitimate computer gaming research: Tech company suffers $1 million in losses after secret service raid Read More

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