Blockchain - Ukraine Digital News

Illegal cryptocurrency farm found on Ukrzaliznytsya premises

November 15, 2019 November 20, 2019

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

July 1, 2019 July 2, 2019

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

January 22, 2019 January 29, 2019

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

November 8, 2018 November 29, 2018

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 …

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Ukraine plans to fully legalize cryptocurrencies within three years

October 30, 2018 October 30, 2018

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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Kyiv Blockchain Forum aims to “allow everyone to find themselves in crypto-reality” (Sept. 3)

August 15, 2018 August 15, 2018

On September 3, the Ukrainian capital will play host to the VIII Kyiv Blockchain Forum, an international event dedicated to Blockchain technology and the cryptocurrency market. The event will feature a variety of topics – from the latest ICO trends, to crypto-trading, to blockchain implementation cases in businesses, to R&D and legal issues.

Ukraine’s Financial Stability Council supports regulatory concept for cryptocurrencies

July 20, 2018 July 24, 2018

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

May 31, 2018 May 31, 2018

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

April 18, 2018 January 9, 2019

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)

April 10, 2018 April 10, 2018

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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Starta Ventures launches hybrid fund to invest across Eastern Europe

April 9, 2018 April 10, 2018

Starta Ventures, a tech investment group with Russian roots operating internationally, has launched a new venture fund targeting startups from Eastern Europe. “We’ll focus on high-tech startups with global potential from Eastern Europe – which includes Russia, Belarus, Ukraine, Poland, Estonia, Lithuania, Latvia and others,” said fund representative Elena Shushunova in an exchange with Ukraine …

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Local and international players to discuss blockchain technology in Kyiv (March 29)

March 20, 2018 March 20, 2018

On March 29, Kyiv (Kiev) will host the fifth edition of the Blockchain & Bitcoin Conference Kyiv, which touts itself as the largest exhibition and conference in Ukraine on blockchain technology, cryptocurrencies and ICO. The event will bring together over 2,000 participants, including local and international entrepreneurs, government figures, developers of decentralized solutions, investors and …

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