04 May 2022

Russia is losing the cyberwar against Ukraine, too

When Russia launched its all-out attack against Ukraine in February, the world expected the invaders to roll over the country quickly. That didn’t happen, and Ukraine today, though still under assault, has so far thwarted Russia’s ambitions to conquer it. Russia has also been fighting a quieter war against Ukraine, a

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04 May 2022

System shock: supply chains suffer in Russia-Ukraine war

Global supply chains were already reeling from the Covid-19 pandemic. Now the Russia-Ukraine war has added a new wave of challenges, with sanctions and conflict restricting the flow of critical resources. Russia is ranked as the 16th-largest exporter by the World Trade Organisation, though it has particular strengths, with petroleum, coal

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03 May 2022

Europe is bracing itself for cyber warfare, but is it ready?

When the systems of three oil and transport companies in Europe and Africa were brought down on February 2, 2022, Europe was preparing for a coming war in Ukraine and the impact of tensions on the Russian border were beginning to be felt in global energy markets. The cyberattack sparked a

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02 May 2022

Romania under cyberattack coming from Russia’s Killnet

The pro-Russian hacker group Killnet, which has already claimed several attacks that have taken place in recent days against some official sites in Romania, threatened on Saturday, April 30, that it would target almost 300 other sites, Economica.net reported. Newspapers, major public institutions, hotels, boarding houses, booking sites and political

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29 Apr 2022

Cryptocurrency group lobbies Congress against bills that target Russian oligarchs

The cryptocurrency industry has been quietly lobbying U.S. lawmakers against legislation designed to prevent Russian oligarchs from using digital currencies to evade sanctions imposed on Russian President Vladimir Putin’s allies and their companies following Russia’s attack on Ukraine. The Blockchain Association, a lobbying group that represents more than 70 crypto platforms

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29 Apr 2022

Responding to Risks From the Russia-Ukraine Wa

As the Russian invasion of Ukraine continues, companies around the world are increasingly concerned with the growing threat of potential cyberattacks and retaliation. In recent weeks, Russian actors have launched an unprecedented number of cyberattacks to spread misinformation and disrupt and destroy critical infrastructure. Wiper malware hit a number of

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28 Apr 2022

Binance Blocks Accounts Tied to Relatives of Kremlin Officials

Binance Holdings Ltd. has shuttered several accounts linked to relatives of senior Kremlin officials amid a wave of international sanctions in response to Russia’s invasion of Ukraine. The world’s largest cryptocurrency exchange by trading volume said Polina Kovaleva, the stepdaughter of Foreign Minister Sergei Lavrov, and Elizaveta Peskova, the daughter of

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27 Apr 2022

Binance is launching a crypto payments card for Ukrainians fleeing their country during Russia’s invasion

Cryptocurrency exchange Binance said Tuesday it has` launched a card for users from Ukraine who have fled their country because of Russia’s invasion, saying blockchain-based currency is an efficient vehicle for meeting emergency financial needs. The free Binance Refugee Crypto Card is for all current and new Binance users from Ukraine

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26 Apr 2022

US crypto miner Compass selling $30 million of equipment in Russia to avoid sanctions: report

American crypto-mining outfit Compass Mining is selling off about $30 million worth of hardware in Siberia after the US government sanctioned rival BitRiver over its Russian operation, Bloomberg reported on Friday. Compass is seeking buyers in Russia for equipment with 12 megawatts of capacity, CEO Whit Gibbs told Bloomberg, adding that

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26 Apr 2022

What effect will Russian sanctions have on your supply chain?

We’ve all seen the horrific scenes of the war on Ukraine and the reports of bombing civilian targets. There’s no question that the damage to infrastructure, buildings, industry and the citizens of Ukraine is devastating and will require many years to recover, if ever. Global supply chains are also being

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