Switzerland has committed CHF 90 million to Ukraine’s Ministry for Digital Transformation, enhancing e-governance through the successful “Diia” project, which allows citizens to use digital documents. Following a recent event in Zurich, a third funding phase of CHF 58.7 million was approved to further promote transparency and democratic participation. Additionally, CHF 20 million is allocated for the “Mental Health for Ukraine” project, reflecting Switzerland’s ongoing support amid the conflict.
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February 11, 2025 | 09:12
February 11, 2025 | 09:12
News from UKR
Generated 4 posts last week Deribit exits Russian market due to EU sanctions and regulatory challenges
Deribit has exited the Russian market due to EU sanctions, restricting services to Russian nationals unless they hold citizenship in an EEA country or Switzerland. Russian companies are entirely barred from the platform, while those in the UAE remain excluded. The move follows increased regulatory challenges and the impact of sanctions on Russia’s economy and cryptocurrency sector.
read moreCross Platform Malware Targets Cryptocurrency Wallets Through Mobile Apps
A cross-platform malware campaign, dubbed “SparkCat,” targets cryptocurrency wallet recovery phrases through malicious apps on both Android and iOS. The malware, embedded in various applications, scans users’ image galleries for sensitive data, leveraging optical character recognition to identify mnemonics. Security experts warn that if such tactics become easier to replicate, the potential for widespread damage could increase significantly.
read moreJoy Villa showcases memecoin dress and political stance at Grammy Awards
At the 67th Annual Grammy Awards, Joy Villa made a bold statement by wearing a DOGWIFHAT $WIF memecoin dress and a red hat reading “The hat stays on,” symbolizing her support for President Trump and her views on cryptocurrency as a means of financial independence. Villa, who has faced backlash for her conservative beliefs, emphasized the importance of her faith and the need for America to embrace religious values while advocating for strict immigration policies. She criticized fellow celebrities for their stances on immigration, asserting that illegal entry into the U.S. is a crime.
read moreEverstake Achieves SOC 2 Certification Amid Surge in Ethereum Staking
Everstake has achieved SOC 2 Type 1 certification, enhancing its security and privacy standards amid a 74% surge in Ethereum staking, which rose from 19.5M ETH to 33.99M ETH in just one year. This certification, confirmed by Prescient Security, ensures robust protection against cyber threats, reinforcing Everstake’s commitment to operational transparency and security as it supports over 735,000 delegators across 80+ networks. Denys Avierin, Everstake’s CIO, emphasized the importance of maintaining high security standards to foster Web3 innovation and inspire best practices in the industry.
read moreInvestment Strategies and Market Outlook for the First Half of 2025
Investing now may seem counterintuitive, but experts suggest that market-neutral strategies can help navigate the anticipated volatility of early 2025. Financial advisors recommend diversifying into resilient sectors like healthcare and utilities while focusing on small- and mid-cap companies for growth opportunities. Global events and geopolitical risks could impact markets, making caution and balance essential in portfolio preparation.
read moreVenture Global Shares Close Below IPO Price on First Trading Day
Shares of liquefied natural gas exporter Venture Global closed their debut trading day at $23.94, falling below the initial public offering price of $25. The company raised $1.75 billion by pricing 70 million shares, having initially aimed for a higher valuation with a proposed price range of $40 to $46 for 50 million shares. In the first nine months of 2024, Venture Global reported a profit of $604 million on revenue of $3.45 billion, both significantly lower than the previous year, amid ongoing arbitration challenges related to its LNG sales strategy following geopolitical tensions.
read moreFuture of Ethereum Ecosystem: User-Friendly Solutions and Interoperability by 2025
The Ethereum ecosystem is poised for significant advancements by 2025, focusing on user-friendly and interoperable Layer 2 solutions. Key developments include the emergence of native interoperability within L2 clusters and the implementation of EIP-7702, which aims to enhance user experience and security by allowing traditional wallets to execute complex transactions seamlessly. As the community shifts its focus from infrastructure to practical decentralized applications, the potential for real-world utility in Web3 is set to expand dramatically.
read moreVertiv Stock Surge Driven by AI Demand and Growth Prospects
Vertiv Holdings Co has seen its stock surge over 10,462% in two years, driven by its critical role in cooling systems for generative AI technologies. With a strong earnings report and optimistic growth forecasts, the company anticipates a 12-14% CAGR through 2029, supported by the $500 billion Stargate AI project aimed at enhancing U.S. AI infrastructure. Despite some analysts viewing the stock as slightly overvalued, mutual fund interest is rising, positioning Vertiv to benefit from increasing demand for data center cooling solutions.
read moreEthereum Layer 2 SOON Raises 22 Million in NFT Sale Before Launch
SOON, the Ethereum Layer 2 utilizing the Solana Virtual Machine, has successfully raised $22 million through an NFT sale in preparation for its mainnet launch. This project, which aims to enhance scalability across blockchains, has garnered support from notable figures in the Solana ecosystem and plans to allocate 51% of its SOON tokens to the community. Users from several countries, including the U.S. and China, are restricted from participating in the sale.
read moreJamie Dimon warns of inflated US stock market and economic concerns
Jamie Dimon, CEO of JPMorgan Chase, has expressed concerns over the inflated US stock market, citing risks from inflation, geopolitical tensions, and deficit spending. He noted that asset prices are among the highest in historical valuations and warned of potential stagflation. As President Trump embarks on his second term, corporate America is scrambling to adapt to his rapid policy changes, with major banks establishing ‘war rooms’ to analyze the implications of his executive orders.
read moreJPMorgan CEO Jamie Dimon Warns of Inflated US Stock Market Valuations
JPMorgan CEO Jamie Dimon expressed concerns over inflated U.S. stock market valuations, citing risks from deficit spending, inflation, and geopolitical uncertainties. He noted that current asset prices require strong outcomes to be justified and highlighted ongoing global tensions that could impact the economy. Dimon remains cautious despite optimism surrounding pro-growth policies.
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