Reports said that a group of hacktivists called the Belarusian Cyber Partisans have been attempting to sell a nonfungible token (NFT) featuring the purported passport info of Belarus president Alexander Lukashenko. It has been reported that the Belarusian Cyber Partisans say the move is part of a grassroots fundraising campaign to fight “bloody regimes in Minsk and Moscow.” The members claim to have hacked into a government database that has the passport info of every Belarus

A Ukrainian hacker got caught selling confidential information gathered from Ukrainian central government databases for crypto. It has been reported by the Ukrainian Cyberpolice that a hacker whose identity was not disclosed was able to break into many government databases by compromising personal accounts of authorized staff. However, the hacker used brute force approaches to break into e-mail addresses and social media accounts. Through this simple method, he appears to hav

On May 18, the Ministry of Digital Transformation of Ukraine published a new draft bill “On Virtual Assets” that aims to determine the legal status of crypto assets, rule of their circulation and issuance in the country. However, the current version of the bill is not final and is open for discussion by the crypto community until June 5, 2020. The main purpose of the new draft bill is to finally enable local crypto firms like exchanges to open bank accounts, according to one

Binance, the major global crypto exchange, will collaborate with Ukrainian authorities to establish cryptocurrency-related legislation in the country. On November 6, according to a press release, Binance has signed a Memorandum of Understanding (MoU) with the Ministry of Digital Transformation of Ukraine to jointly work on the legal status of cryptocurrencies in the country. So, according to the announcement, the Ministry, Members of Parliament (MP) and commercial companies a

The new administration in Kyiv, headed by Volodymyr Zelensky, the young president, has brought renewed interest in cryptocurrencies. Fresh energy is now being injected into efforts to legalize decentralized digital money and regulate related economic activities. New draft laws have been proposed or are under preparation to accommodate the nascent industry, from which the Government of Ukraine expects increased budget revenues. Ukraine’s Ministry of Digital Transformation plan