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Russian Crypto Mining Companies Are Expanding Capacity as the Country Becomes a ‘Preferred Hotspot’

20.2.2021
Crypto mining operations have been witnessing some changes within the industry in terms of locations. A recent interview with the CEO of the mining giant Bitriver, revealed that Russia is becoming a preferred hotspot for crypto miners. Russian Mining Giant to Build Two Additional Facilities to Cope...

Russian crypto mining firm scrambles to meet foreign demand

18.2.2021
Russian crypto mining giant BitRiver is rushing to build two new data centers to meet increasing demand from global crypto miners

Russian Parliamentary Committee OKs Crypto Tax Bill, but Flaws Remain

16.2.2021
Russia has moved a step closer to imposing a system of crypto tax, after the country’s parliament, the State Duma, approved a much-maligned crypto tax bill in the first reading at the committee stage – although the story is unlikely to end there. As previously reported, the country’s first...

Russian Mobile Operators Eye Payments Services, Wallets for Digital Ruble

16.2.2021
Some telcos are looking at developing a digital wallet that would link the digital currency to users' mobile phone numbers

Russian Duma prepares bill on cryptocurrency taxation

16.2.2021
The Russian State Duma will consider a new bill on cryptocurrency taxation on Feb. 17

Russian mobile carriers consider smartphone integration for digital ruble

16.2.2021
Russian wireless service providers MegaFon and Beeline proposed to link digital ruble wallets on smartphones to user's phone numbers

Massive 70 MW Bitcoin Mining Rig Shipped to Russia

12.2.2021
Big moves are happening within the bitcoin mining industry in Russia. An unnamed miner sent what seems to be the largest single batch of mining equipment to the country. Delivery Took Place at the End of 2020 According to Kommersant, the unknown miner shipped almost 20,000 devices on 14 trucks...

The Many Facts Pointing to Chainlink’s Sergey Nazarov Being Satoshi Nakamoto

10.2.2021
During the last few years, smart contracts and blockchain oracles have transformed the crypto industry, and one specific project called Chainlink is the most widely used oracle network to-date. Another interesting thing about Chainlink is the project’s creator, Sergey Nazarov has been...

Expert warns Hackers are Targeting Russian Government’s IT Infrastructure to Mine Cryptocurrencies

9.2.2021
A state-affiliate cybersecurity expert warned about hackers exploiting the Russian government’s IT facilities to mine cryptocurrencies. The deputy director of the National Coordination Center for Computer Incidents believes such threat actors have been very active in recent times. Global...

Bitcoin flippens Russian ruble after Tesla purchase

9.2.2021
The crypto asset's market capitalization has also overtaken Tesla's again, following an overnight price surge

Hackers Are Trying to Mine Crypto Using Russian Government Servers, Expert Says

5.2.2021
Hackers have been mining crypto on government servers in Russia, including defense contractors and medical centers, expert says

Facial Recognition Tech May Be Being Used Against Russian Protestors

1.2.2021
Russian police officials may be tracking attendees at pro-Navalny protests using facial recognition tools, detainees claim

Research Proves Recent Transfers of 8,000 Ten-Year-Old ‘Forgotten Bitcoins’ Were Sold to Coinbase

27.1.2021
For months now our newsdesk has followed the tracks of a mysterious whale from 2010, a miner who not only mined thousands of bitcoin back in the day, but has also spent over 8,000 bitcoin during the past ten months. This week, the Russian blockchain researcher, Issak Shvarts published a report...

Major Russian Bank Sberbank Files Application to Launch Its Own Stablecoin — Possibly Pegged to the Fiat Ruble

27.1.2021
A major Russian bank revealed an upcoming digital asset launch, which complements another of its latest crypto-related moves. Sberbank applied to register a platform to issue a token named “Sbercoin.” Bank Expects the Stablecoin Could Launch in the Spring of 2021 During an interview...

Russia Prohibits Government Officials From Owning Crypto, Must Dump Holdings by April

26.1.2021
The Russian Ministry of Labor has reportedly banned government officials from owning and using cryptocurrencies. Officials have also been ordered to dispose of any cryptocurrencies they own by April. Russia Prohibits Government Officials From Holding or Using Cryptocurrencies The Ministry of Labor...