Blockchain

Born in Ukraine and raised in Silicon Valley, DMarket secures $6.5 million to “build a user-owned gaming economy”

DMarket, a Ukraine-born startup that uses blockchain to “build a user-owned gaming economy,” has just attracted $6.5 million in equity funding. The round was led by Almaz Capital with participation from video game company Xsolla. No details of the deal were disclosed.  Now headquartered in California, DMarket has developed a platform that “enables transparent and secure buying, selling, and …

Born in Ukraine and raised in Silicon Valley, DMarket secures $6.5 million to “build a user-owned gaming economy” Read More

Ukrainian government and parliament take new steps to support crypto industry

Earlier this month the Verkhovna Rada, Ukraine’s legislature, approved amendments for “the prevention of the legalization of proceeds from crime and the financing of terrorism and weapons of mass destruction proliferation .” Supported by a significant majority in the Rada, these amendments introduce legal terms and definitions pertaining to the crypto space. As reported by …

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Illegal cryptocurrency farm found on Ukrzaliznytsya premises

An illegal bitcoin farm had been sucking electricity from the state-owned railway monopoly Ukrzaliznytsya, draining over $40,000 worth of electricity from the company. The company’s own security department along with Ukraine’s National Police found an illegal bitcoin farm on the premises of the railway enterprise in Ternopil, according to a statement the railway company published on …

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Ukrainian startup UATAG offers inexpensive solution to combat global counterfeiting

UATAG, a startup based in Lviv (Lvov) in Western Ukraine, has developed an effective and inexpensive solution to combat counterfeiting of products and works of art. The solution relies on a physical tag linked to a blockchain ledger. The tag uses a piece of shattered glass, which is photographed and then added to a blockchain …

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New educational program aims to prepare more crypto developers in Ukraine

Aiming to address the deficit of developers in the field, several crypto platforms, the Blockchain Association of Ukraine (BAU) and the Ukrainian National IT Factory (UNIT) have teamed up to launch ‘Blockchain Hub Academy,’ an educational program on cryptocurrency technologies. The 4-month course is divided into two segments. The first part called ‘Satoshi Way’ is …

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Equity deal better than ICO: Ukrainian cryptotrading startup raised $500,000 from SMRK

This past summer Superorder.io, a California-headquartered crypto-trading startup founded in Ukraine, raised $500,000 from Ukrainian fund SMRK. The investment, announced in August, has just been reported by the Ukrainian media. The terms of the deal have not been disclosed. Superorder provides “the power of automation features and a convenient interface to trade from a single place …

Equity deal better than ICO: Ukrainian cryptotrading startup raised $500,000 from SMRK Read More

Ukraine plans to fully legalize cryptocurrencies within three years

As reported by Bitcoin.com, the government in Kiev intends to legalize cryptocurrencies and comprehensively regulate the fintech sector as part of a new public policy developed by the economy ministry. The process may take up to three years to complete but eventually the industry built around digital assets should become a legitimate part of the …

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Ukraine’s Financial Stability Council supports regulatory concept for cryptocurrencies

The Financial Stability Council of Ukraine has supported a concept for crypto regulations, Timur Khromaev, head of the National Securities and Stock Market Commission (SSMCS) reported in a Facebook post July 20. According to Khromaev, the concept involves recognizing cryptocurrencies and tokens as financial instruments, establishes the roles and functions of governmental bodies in regulating …

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Ukraine among top 10 countries by the number of cryptocurrency users

Ukraine ranks among the world’s ten leading countries by the number of crypto-owners, according to the ‘Better Regulation Delivery Office’ (BRDO). The latter is an NGO which “tackles issues of the regulatory environment in order to eliminate barriers for business and boost economic growth in Ukraine.” The daily traded value of cryptocurrencies sold and purchased …

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Ukrainian eSports startup DreamTeam attracts leading Western fund to its ICO

Earlier this month Ukrainian startup DreamTeam, which touts itself as “the world’s first infrastructure platform and payment gateway for eSports and gaming,” announced an investment from Mangrove Capital Partners, a leading Western European venture fund, as part of its ICO. As part of the deal, David Waroquier, partner at Mangrove Capital and a pioneer in investment in …

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Crypto and online marketing industries to converge in Prague at international conference (April 23-24)

In its second edition on April 23-24, 2018, the Crypto Affiliate & Marketing Conference (CRAC) will provide the communities of marketers and digital currency enthusiasts a new chance to network while showing their first projects at the junction of the two industries. “Less than one year ago everyone was just clueless. And look how fast …

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