Data & Reports

Investors turn to crypto funds, companies as Russia-Ukraine crisis escalates

Global investors are scooping up stakes in cryptocurrency funds and companies, as they seek exposure to a sector many believe could withstand the fallout from the Russia-Ukraine conflict. Research firm Fundstrat, in its latest note to clients, said venture capital (VC) buyers invested around $4 billion in the crypto space in the last three weeks …

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Global startup funding announcements slowed dramatically following Russia’s attack on Ukraine

Following Russia’s invasion of Ukraine, global venture funding announcements and disclosures have slowed dramatically. Since last Thursday, when the attack commenced, just 154 companies across the globe have revealed a seed, early- or late-stage venture investment of disclosed size, per Crunchbase data . Altogether, those rounds totaled $3.65 billion.  That works out to an average of $912 …

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Report: Large share of global crypto crime comes from Russia

In a preview of its 2022 Crypto Crime Report, Chainalysis says that, overall, “roughly 74% of ransomware revenue in 2021 — over $400 million worth of cryptocurrency — went to strains we can say are highly likely to be affiliated with Russia in some way.” Platforms operating mainly on the Russian crypto market launder the bulk of extorted funds, …

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Avito becomes world’s most visited classified ads site

While America’s Craigslist is the most recognisable online classifieds platform, it’s in emerging markets that the segment is really taking off. According to digital analytics service Similarweb, the most visited classified ads website in the world for November 2021 was Russia’s Avito, which displaced Craigslist from the top spot for the first time. Avito is billed …

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Yandex’s English-language search results return more conspiracy-promoting content than other search engines

Four scholars from Swiss and German universities studied “the presence of pages promoting conspiracy theories” across the world’s main search engines by “conducting a comparative algorithm audit to examine the distribution of conspiratorial information” in their search results. Juhi Kulshrestha, Mykola Makhortykh, Roberto Ulloa and Aleksandra Urman used a virtual agent-based infrastructure to “sytematically collect search outputs for …

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Report: Russians make $5 billion annually in crypto transactions

Russians are among the most active participants in the crypto space, Bank of Russia says, citing various studies. The country is one of the leaders in terms of number of visits on Binance, the world’s leading crypto exchange. Referring to estimates by large financial institutions surveyed this past July, the central bank notes that the annual …

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New ESG Innovation Index praises Moscow city’s “tremendously effective public transport” and numerous edtech entrepreneurs

Moscow ranks second among Europe’s largest cities in the ‘Future City ESG Innovation Index,’ put together by Munich-based think tank DEEP Ecosystems.  This new index aims to assess “the potential of innovation hubs to support sustainable innovation in the ESG fields.” Its four sub-indexes, eight compound metrics and 29 individual indicators cover the “Community of ESG Entrepreneurs;” their …

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Report: Russian venture market hit $1 billion mark in H1 2021

Dsight, a Moscow based business intelligence company with a focus on investment, has just released the English version of its Russian venture report covering the first half of 2021.  In contrast with last year’s disappointing numbers, the market showed signs of renewed growth earlier this year, with total deal value exceeding $1 billion for the first semester. This is an …

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Report: Eastern Europe strikingly affected by crypto scams

Earlier this week Chainalyis published the key findings of their 2021 Geography of Cryptocurrency report. According to this research, Eastern Europe is severely affected by illicit cryptocurrency-related activity. In relative terms, the region is second after Africa in terms of exposure — but its overall crypto economy is much larger than that of Africa.  The key findings of this …

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Russian tech exports up threefold since 2018

Russia’s earnings from tech exports have jumped more than threefold over the last two years, according to a new report from Moscow’s Higher School of Economics (HSE). The export sales of scientific and technology services and IP-protected products reached $4.5 billion in 2020 — up 30% from 2019, three times more than in 2018, and fifteen to twenty …

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Annoying LinkedIn networkers are actually Russian hackers spreading zero-days, Google says

Most LinkedIn spam is just annoying. But new research from Google suggests some of it was outright dangerous: Russian government hackers targeted European government officials with LinkedIn messages that contained malicious links designed to exploit unknown vulnerabilities in Windows and iOS, according to Google’s report. Google’s Threat Analysis Group published new research on Wednesday, detailing …

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StartupBlink: Moscow city ranks #2 in Europe for startup ecosystem development

StartupBlink has just released the 2021 edition of its Startup Ecosystem Rankings Report, which encompasses 1,000 cities and 100 countries across the world.  Unsurprisingly, the US leads the country ranking, far ahead of any other country. Then come the UK, Israel, Canada, Germany and Sweden — immediately followed by China. Ranked 7th, China has blazed its way …

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