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Hector Network Partners With Borussia Dortmund
Hector Network’s recent announcement that they are a champion partner of BVB, one of the most iconic and loved Bundesliga teams in Germany, is a massive achievement for the company. Borussia Dortmund is one of the most traditional and popular German football clubs. Founded in 1909, BVB boasts more than 10 million fans within Germany and, in addition, also looks to a rapidly growing fan base worldwide. The eight-time German champions and five-time DFB-Pokal winner was in 1966 the first German club to win a European Cup competition. BVB also became the first Bundesliga club to win the UEFA Champions League in 1997, followed by the Intercontinental Cup in the same year. With a turnover of over 400 million Euro, Borussia Dortmund nowadays is also one of the economically strongest football clubs in the world. Borussia Dortmund is an incredibly desirable partner with well-established stars playing every game, an enthusiastic fan base, and an internationally recognized brand! For Hector Network, the importance of this deal cannot be overstated. Live televised games, massive social media presence, and unparalleled visibility mean the partnership with BVB will catapult Hector Network beyond the crypto-community into mainstream recognition. The association also promises to open up a world of business growth opportunities for the company, broadening their networking sphere and giving them access to high-profile industry events. The team has already begun making connections, which will continue as the season progresses. Members of the Hector Network team recently had the privilege of touring the incredible stadium and meeting face to face with members of the BVB marketing team to finalize the partnership details. The experience of walking through the hallowed stadium was a true honor, and engaging with their BVB counterparts in person has inspired the Hector Network team, more than ever, to make the most of this exceptional opportunity. Hector Network will be bringing the BVB experience to their community as well! There will be ticket giveaways for every regular match this season, home game and away. Additionally, tons of giveaways for fans and community members for whom travel would be tricky, including merchandise, special events, unique personalized experiences, and so much more. Later in the season, there will also be some substantial grand prizes to be won! In the meantime, the Hector Network team is busy ensuring that every aspect of this partnership is maximized to its fullest potential. They will be focused heavily on community engagement and exposure. Hector Network is incredibly proud to join the BVB family, and they can’t wait to start interacting with the football team’s exceptionally dedicated fanbase. To find out more about Hector Network, visit the official website: https://hector.network/ Telegram: https://t.me/Hector_Network Twitter: https://twitter.com/Hector_Network Discord: https://discord.gg/hector Instagram: https://instagram.com/hector_network Medium: https://medium.com/@Hector_Network Telegram Announcement: https://t.me/HectorNetworkAnn This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Benzinga•
FinCEN Alerted Financial Institution For Russia’s Crypto Activities
Financial institutions support the U.S and international efforts to weaken Russia. Russian government using CVCs to evade widespread sanctions. The
Pro-Russia Groups Received Over $2M In Crypto Donations To Fund War
Russia invaded Ukraine in February, and reports indicate the pro-Russian forces are being significantly funded by cryptocurrencies during the ongoing war. The report says close to 54 pro-Russian organizations have received over $2.2 million in Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Tether (CRYPTO: USDT), Litecoin (CRYPTO: LTC), and Dogecoin (CRYPTO: DOGE) to provide support for paramilitary groups. These donations are being used by the Russian army to purchase weaponry, drones, bulletproof vests, communication devices, and other military supplies. The paramilitary groups are using various social media to share information about how they are spending these cryptocurrencies. Also Read: US State Department Says Putin Will Be Held Accountable For War Crimes In Ukraine In one of the social media posts asking people to donate funds, the statement reads, “We have only 150 thousand rubles left to raise for a drone that will be able to deliver “gifts” to the positions of our Ukrainian “friends.” Furthermore, we hope to be able to film it on video and delight you with interesting shots.” The Chainalysis report says that even though pro-Russian groups have received fewer donations, the funds may have improved Russia’s effectiveness during the war. “Social media posts from the groups indicate that a large portion of these funds is being used to equip paramilitary groups,” the report said. The increase in pro-Russian groups receiving donations through cryptocurrencies indicates that they may coordinate their actions to achieve their purposes. Photo: manhhai on flickr © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Benzinga•
Pro-Russia Groups Raise $2M in Bitcoin, Ethereum to Fund War: Chainalysis
Ukrainian groups have likewise raised donations in crypto, though at a considerably larger rate.
Pro-Russia military groups in Ukraine got $2.2 million in crypto donations, Chainalysis says
Data from Chainalysis shows that pro-Russian military groups have received $2.2 million in crypto donations during the war in Ukraine. The post Pro-Russia military groups in Ukraine got $2.2 million in crypto donations, Chainalysis says appeared first on The Block.
Putin Signs Bill Outlawing Cryptocurrency Payments in Russia
Russian President Vladimir Putin signed a bill that bans the use of digital financial assets. ... Read More... from Putin Signs Bill Outlawing Cryptocurrency Payments in Russia The post Putin Signs Bill Outlawing Cryptocurrency Payments in Russia appeared first on Crypto News Land.
This Week in Coins: Ethereum Bounces Back, Bitcoin Slides, Russia Bans Crypto Payments
In another mostly down week for top cryptocurrencies, Ethereum showed signs of life as The Merge draws near.
Russians Can Invest in Crypto But Not Use as Medium of Exchange
The Russian government has amended its existing law to criminalize using cryptocurrency as a medium of exchange. The law, however, ...Read More...
Report: President Vladimir Putin Signs Bill Banning Crypto Payments In Russia
According to Russian business media outlet RBC, Russian President Vladimir Putin signed a law on Friday that expressly forbids the use of digital financial assets (DFA) and digital utility rights (DPR) as a form of payment in Russia. The regulation will take effect in 10 days after official publication in the government's gazette. The now approved law was initially submitted on June 7 to the State Duma (the lower house of the Federal Assembly of Russia) by the chairman of the financial market committee Anatoly Aksakov and adopted a month later. The document reads: “It is prohibited to transfer or accept digital financial assets as a consideration for transferred goods, performed works, rendered services, as well as in any other way that allows one to assume payment for goods (works, services) by a digital financial asset, except as otherwise provided by federal laws.” The law restricts using DFA as payment for goods and services and requires DFA exchange operators to reject transactions where it is conceivable to use such assets as a substitute for the ruble. According to the RBC story, Russian legal experts have already called attention to some issues with the document's exemption provision. Efim Kazantsev, an attorney and teacher at Moscow Digital School, challenged the legislation when it was originally introduced in June, saying, “For the mass user, the regulatory risks embodied in the draft law will make Russian CFAs and utility tokens an unattractive asset,” effectively making the ruble the only form of currency in Russia. At the end of May, the prior revisions to the proposed law "On Digital Currency" were made available for review. While the average Russian citizen may not use DFAs as a form of digital payment, amendments made by the Ministry of Finance now permit the usage of virtual currencies to fund international trade. Photo: pudiq via Shutterstock © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Benzinga•
Ukraine seizes $3 million in cash, other assets from crypto traders accused of funneling Russian funds
Ukrainian authorities have broken up what they say was a crypto trading desk that funneled money for Russians. The post Ukraine seizes $3 million in cash, other assets from crypto traders accused of funneling Russian funds appeared first on The Block.