Russia


Finance

Mystery Entity Just Set up 20K Bitcoin Miners in Siberia: Report

A shipment of devices said to be worth up to $60 million was set up in the city of Bratsk and set to mining bitcoin.

Bitcoin mining equipment

Markets

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

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

hack, hacker, hoodie

Technology

Facial Recognition Tech May Be Being Used Against Russian Protestors

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

Security cameras outside the Russian parliament building

Markets

Bitcoin Donations to Navalny Surge After Russian Opposition Leader Is Jailed

Putin's opponent received 3.7 bitcoin in the last week, tripling the amount raised in the first two weeks of 2021.

Protesters demanding the release of Vladimir Putin's critic Alexei Navalny in Moscow, Jan. 23, 2021

Policy

Russian Public Officials Banned From Holding Cryptocurrency

Russian government officials must dispose of any digital asset holdings before April 1.

Moscow

Markets

Russia's Sber Bank Files to Launch Its Own Stablecoin

Russia's largest retail bank has applied to become a licensed digital assets issuer.

Sberbank

Policy

Russian Court Takes Crypto Exchange Binance off Website Blacklist

A court in the Arkhangelsk region ruled last summer Binance should be blocked, but the exchange wasn't notified until months later.

Binance Logo.

Markets

Russian Oil Drilling Giant Opens a Crypto Mining Farm Run on Gas Energy

Gazpromneft, a subsidiary of Russian oil and gas giant Gazprom, is opening a bitcoin mining venue on one of its oil drilling sites.

gas flaring bakken

Markets

Digital Currencies May Make SWIFT Redundant, Says Russian Central Bank: Report

Russia would likely welcome replacements for SWIFT as the nation's banks have been threatened with being removed from the network.

Bank of Russia

Markets

Crypto Exchange Livecoin Begs Users to Stop Trading After Losing Control of Servers

Livecoin asked clients to stop making deposits and trading after suffering a "carefully planned attack."

shadow