A team of Romanian and German developers created a cryptocurrency, LOVEUKRAINE, the purpose of which is to help Ukraine, according to a release sent on Friday.A share of 4.8% of the total transactions with this cryptocurrency is redirected to an aid fund (a public crypto wallet).LOVEUKRAINE was launched by the team of developers of Aether, a cryptocurrency that reached a maximum market capitalization of 3.8 million dollars. Presently, LOVEUKRAINE has a low market capitalization, of 100,000 dollars.The team from Romania has conducted concrete actions at the Romanian border with Ukraine, offering aid, food, transport and anything necessary to Ukrainian refugees from the funds available. Furthermore, the LOVEUKRAINE team even traveled to Ukraine, offering food to people living near the border. All charitable actions of the team are broadcast live on Facebook."We invested in several cryptocurrency type projects trying to help Ukrainian refugees. All donated money in Bitcoin or through bank accounts. Unfortunately, many bank accounts were blocked, and transfers in Bitcoin couldn't be transformed into real money. This led to the interruption of aid offered to refugees. We put the bases of the LOVEUKRAINE project and decided to help exactly where it's needed. Real funds offered, on the spot, to real people. That is the only way we are sure that the funds of our community reach where they are needed," said Andrei Simion, project CEO.On the other hand, for the refugees that travel to Germany, the members of the team from this country offers assistance in view of completing legal forms, ensuring employment and short-term accommodation.
The countdown is on until the start of the largest local fest, Transilvania International Film Festival on 13 June. Or, as everyone calls it: TIFF. To pass the time and (or) have an alternative, do not miss some of the most entertaining stories of all time courtesy of suspense master Alfred Hitchcock. And check out […]
Roughly 45.7% of Romanians believe the country’s May presidential elections were rather unfairly organized, while 50.4% believe they were fair, according to a survey by INSCOP Research. Romania's previous presidential elections, which saw centrist Bucharest mayor Nicusor Dan emerge victorious, saw extreme polarization. Immediately after...
CARFIL Brasov, central Romania, is set to begin production of three types of Romanian military UAVs this year, news agency Agerpres reported. The drones, named Cuda, Sirin, and a marine drone, were unveiled at the Southeast Europe Special Operations Forces Forum 2025 (SEESOF) in Targu Mures, the first international expo-forum dedicated to the special operations forces. ...
The National Meteorological Administration of Romania, or ANM, aims to become a European regional hub for professional training in the field of climate change, according to director general Elena Mateescu. The official noted during “The Future of Agriculture” forum held on Thursday, June 5, that the ANM has already completed the European Agrometeorology Center, which […]
Romania’s Interior Ministry (MAI) and Defense Ministry (MApN) have warned of ongoing disinformation campaigns on social media aimed at manipulating public opinion. The latest wave of false claims includes reports about the imposition of martial law and border closures, seeking to heighten public anxiety over the risk of war. Romanians, whether abroad or within the […]
The International Monetary Fund (IMF) issued new recommendations to Romania, among which is an increase in VAT, but also excise duties, dividend taxes, and the introduction of two income tax rates of 15% and 25%. At the same time, it recommends the reduction or elimination of the health insurance contribution, as well as a change in […]
