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US sanctions Russian crypto exchange over cybercrime — day before Trump-Putin summit in Alaska
The U.S. Treasury Department has re-designated the Russian-linked cryptocurrency exchange Garantex Europe OU, accusing it of directly enabling ransomware gangs and other cybercriminals by processing over $100 million in illicit transactions since 2019.

Japan says Russian military obtained banned machine tools via Chinese firms
Japanese authorities found that over 300 precision machine tools made by Tsugami Corp., sold to seven Chinese firms, had gone missing and were later used by Russia to produce weapons components.

Trump says Putin ready to make a peace deal with Ukraine
"I believe now he's convinced that he's going to make a deal. He's going to make a deal. I think he's going to," U.S. President Donald Trump said.

Russian Su-30SM fighter jet likely down near Snake Island, Ukrainian Navy says
The twin-engine, two-seat aircraft – designed for both air superiority and ground attack – crashed for unknown reasons, the Ukrainian Navy said.

Putin to present Trump with 'historical materials' framing Ukraine as artificial state, Kyiv claims
The package includes geographical maps intended to justify Russia's territorial claims and ongoing military aggression, Ukraine's Center for Countering Disinformation claimed.

Trump prefers talks over new Russia sanctions but has 'many measures' ready, White House says
"What comes after that meeting is up to President Trump," White House Press Secretary Karoline Leavitt told Fox News. "He wants to sit down and look the Russian president in the eyes and see what progress can be made."

About Ukraine
The Kyiv Independent delivers reliable news, context, and on-the-ground reporting from Ukraine. The largest country located entirely in Europe, Ukrainian territory covers 603,628 square kilometers (233,062 square miles), and is bordered by bordered by seven countries, namely Russia, Belarus, Poland, Slovakia, Hungary, Romania, and Moldova. Ukraine traces its history back to the medieval state of Kyivan Rus.
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As Russia prepares for a diplomatic push to pressure Kyiv into withdrawing from the Ukrainian-controlled parts of Donetsk Oblast during negotiations with the U.S. this week, its forces have pierced through Ukrainian lines in a dramatic advance that could compromise the defense of the region. Over the past few days, Moscow’s forces advanced 10 kilometers toward the Dobropillia-Kramatorsk highway by leveraging its numerical superiority, the Ukrainian monitoring group DeepState reported on Aug. 11
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