Russian News Outlet Calls for Crypto Donations as Kremlin Cracks Down on Media

Meduza, one of Russia's leading independent news organizations, called for donations in fiat, bitcoin, ether and BNB after Russian authorities labeled it a "foreign agent" last week. The label, basically marking Meduza as an "enemy of the state," can hurt its ability to contact sources and report news, the team said in a statement. "They are trying to kill Meduza," the team said in another editorial statement. "The Ministry of Justice deemed us a 'foreign agent.' As a result, we lost our advertisers. It means that our funds are running out. Right now." On April 23, the Russian Justice Ministry designated Meduza as a foreign agent, which means the journalists will have to mark every article they write as published by a foreign agent. They will also have to submit detailed financial reports every quarter. According to the editor-in-chief, Ivan Kolpakov, on Monday many advertisers pulled out. Because of the financial urgency, Meduza laun...