Russia’s absorption of the Crimea region in early 2014 continues to be a source of friction between Washington and Moscow. The issue was illustrated recently by several US firms which cut ties with the disputed territory altogether. Due to sanctions placed on the region last year by the US authorities, which include an export ban of US …
Launched in 2010 in Russia, Imperious Group began investing in Ukrainian startups last year. Regardless of the political tumult, the fund’s interest in this market was maintained this year to such an extent that has it has become one of the most active funds in Ukraine with more than $3 million invested so far. This …
Even among the sordid histories of Eastern Europe, Ukraine is particularly tragic. In just the 20th century, it was starved by Stalin, decimated by Hitler, subjected to seventy years of incompetent Soviet rule, looted by its own government and, most recently, invaded by Putin. Ukraine’s situation today remains desperate. The country is in dire financial straits, …
Working day and night, as reported by Ukrainian news resource TSN.UA, Ukrainian cyber forces and individual pro-Ukrainian hackers have maintained online attacks on all Internet resources linked to insurgents in the eastern part of the country, whom the Kyiv (Kiev) government deems as terrorists. As of early November, the cyber forces claimed to have downed …
Pro-Ukrainian cyber forces take down 46 separatist sites and target online money accounts Read More
SendFlowers, a Ukrainian online store that offers the most exotic of flowers with delivery across the country and beyond, has announced that it has begun to accept Bitcoins on a test basis. It is the first such case on the Ukrainian e-commerce scene, reports E-Commerce.com.ua. The cryptocurrency can be used on the site to buy …
Online flower shop and legal firm become Bitcoin pioneers in Ukraine Read More
Pro-Ukrainian hackers have reported that they have hacked the Crimean cells of the Donetsk People’s Republic, as the insurgents of Eastern Ukraine call themselves (abbreviated as “DNR” in Russian). This has resulted in an online database of documents and photo-materials from the DNR, representatives of Russian nationalist organizations in Crimea, and representatives of government agencies …
The first bitcoin embassy in the CIS has opened on Lviv Square in Kyiv (Kiev), reports tech blog AIN.UA The initiator of the project was Kuna, an agency dedicated to the sale of bitcoins. Kyiv is joining three similar bitcoin embassies in the world, located in Montreal, Tel-Aviv, and Warsaw. Within the embassy, there is a …
Bitcoin embassy opens in Kiev as the cryptocurrency could make Crimeans’ life easier Read More
Banking and finance software developer R-Style Softlab, based in Russia and owned by Polish company Asseco, is opening a new division in Crimea. Its office will be in Sevastopol. The department will specialise in software development for the banking sector, particularly banks located within Crimea and nearby regions. The company expects that by the end …
The ongoing crisis in Ukraine is threatening to destabilize the operations of Magento, an open-source content management system for e-commerce web sites owned by eBay and based in Kyiv (Kiev). In its last quarterly report for the second quarter ending June 31, 2014, eBay noted that “The current situation in Ukraine and the Crimean peninsula, along …
eBay’s Magento business under threat from continuing Ukraine crisis Read More
The Internet Initiatives Development Fund (IIDF, or FRII in Russian), a government-backed fund supporting startup development, will open a remote regional accelerator in Sevastopol, Crimea, as soon as this summer, the Russian business daily Kommersant reported last week. The fund is expecting to support five to seven projects, which will be evaluated on the local and national levels. Funding …
Russia seeks to develop startup industry in Crimea Read More
Three weeks after Russia asserted that Crimea and the city of Sebastopol have become part of its territory, Facebook and Russian-language social network Vkontakte still categorize the inhabitants of these regions as being located in Ukraine. Meanwhile, two other major social networks, Odnoklassniki (Classmates) and Moi Mir (My World), have already classified them as being part …
The Crimean region’s only startup accelerator Ant-Lab, located in Sevastopol, recently closed its doors because the owner did not want to be taken over by Russia, according to Ant-Lab owner Igor Petrov. Petrov was in the middle of packing up to move to Kiev when contacted by Geektime and he told us that a Russian takeover …
Crimean accelerator packing its bags as region moves to embrace Russian ideals Read More
