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US links Russian intelligence services to DDoS attacks on Ukrainian websites

The US National Security Council (NSC) stated that the recent DDoS attacks on the Ukrainian government and bank websites were carried out by the Russian intelligence services, namely the Main Intelligence Directorate of the General Staff of the Armed Forces

Polish fintech startup Altera raises $376K from CofounderZone Fund

Altera, a startup from Bydgoszcz that develops a financial and accounting app, has raised a $376,000 (1.5 million zloty) seed investment from CofoundedZone VC fund and four angel investors, Fintek reports. Altera offers a B2B SaaS application that helps users

Ukrainian startup S.Lab secures €80k from Startup Wise Guys

S. Lab, a Ukrainian manufacturer of biodegradable packaging and decorations made of hemp and mycelium, has raised €80,000 from the Startup Wise Guys accelerator as part of the Wise Guys Sustainability program. Funding details About S.Lab The startup was founded

Helsinki-based Videoly nabs €6M for European expansion

Videoly, a product video management solution from Finland, has raised a €6 million Series A funding to support its expansion into Europe. Swedish VC Alfven & Didrikson led the round, Tech Funding News reports. Founded in 2014 by Nora Huovila

Wix evacuates its Ukrainian staff

Israel’s IT company Wix has evacuated about 1,000 of its employees and their families from Ukraine amid the escalating military threat from the Russian Federation, reported by Global.co.il. According to the media, the Ukrainians were temporarily evacuated to Turkey for

Finland’s Relex Solutions raises €500M from Blackstone Growth

Relex Solutions, a Finland-based supply chain automation and optimization platform, has raised €500 million in a new funding round. Blackstone Growth led the investment, which will help Relex add hundreds of new employees, Tech.eu reports. Relex Solutions was founded in

Ukraine passes law on virtual assets: what does it mean for crypto companies and investors

The Verkhovna Rada passed Law No. 3637, “On Virtual Assets,” after President Volodymyr Zelenskyy returned it to the parliament with amendments. As a result, the National Securities and Stock Market Commission will regulate the virtual asset market. What does the law

Interview with co-founder of NEAR Protocol: how Ukrainian-developed blockchain creates Web3

The NEAR Protocol team, which develops a blockchain to create dApps (decentralized services), has recently raised $150 million, and the Near token has long been at the top of the Coinbase ratings.  NEAR is a blockchain for creating decentralized open-source applications that offers developers

Ukrainian founder transfers 58% of Firefly for $1 to his partner due to pressure from US regulators. The stake is worth $500M

The Ukrainian entrepreneur Max Polyakov has announced on his Facebook page the transfer of his stake in the company Firefly Aerospace for $1. According to Polyakov, he owned 58% of the company. Co-founder Thomas Markusic will receive all of the

Finland-based iPhone refurbisher Swappie raises $124M Series C to scale in Europe

Swappie, a Finnish company that refurbishes and resells used iPhones on its own marketplace, has raised a $124 million (€108 million) investment. Norwegian equity firm Verdane led the Series C round, TechCrunch reports. Founded in 2016 by Emma Heinonen and Sami