How does the war in Ukraine affect cryptocurrency and blockchain?

Wars and plagues are history’s key turning points for traditions and lifestyles existing at a time. Apart from obvious consequences, Russia’s invasion of Ukraine is an unfortunate record holder both in the number of things undergoing change and in the degree to which the changes had occurred.

The transformations have touched people’s everyday lives, works, sense of patriotism, and most importantly, the feeling of unity. In maintaining the last one, banking and blockchain turned out to be the main mediums.

Read our newest article, “How does the war in Ukraine affect cryptocurrency and blockchain?” to find out how did blockchain help Ukrainians and whether the ongoing war can serve as a comment on its promise.

In human history, wars have always been one of the leading turnaround points for then-existing traditions, regardless of their sphere. Complimented by the omens (which have now grown to be the elements) of global recession, this time, it has once again become such a point not only for Ukraine’s sense of solidarity but also for the whole realm of crypto to rediscover its purpose and use cases.