Russia


Markets

Russian Nuclear Scientist Gets $7,000 Fine for Mining Bitcoin at Work

The engineer at a top-secret nuclear lab, along with two colleagues, had accessed the plant's supercomputer to mine bitcoin.

shutterstock_664690474

Markets

WATCH: Inside a Siberian Crypto Mining Complex

CoinDesk On Location goes deep inside a Siberian crypto mining factory situated near a remote hydroelectric plant.

Screenshot 2019-09-25 09.05.34

Markets

For Desperate Mt Gox Victims, Long-Shot Bitcoin Deal Beats Endless Wait

Some Mt. Gox creditors have signed on to a law firm’s unorthodox proposal to recover their bitcoin, but many are skeptical about its motives. 

Alexander Vinnik

Markets

Russia's Largest Bank Buys $15 Million in Debt Using Hyperledger Blockchain

Sberbank, Russia's largest bank, bought about $15 million worth of accounts receivable from commodity giant Trafigura using a Hyperledger blockchain.

Sberbank

Markets

Bitcoin Mining Farms Are Flourishing on the Ruins of Soviet Industry in Siberia

Favorable energy prices and a naturally cold climate are turning Siberia into an international hub for bitcoin miners.

Ilya Bruman, CEO of Minery. (Photo by Anna Baydakova for CoinDesk)

Markets

Bitcoin Miners Are Heating Homes Free of Charge in Frigid Siberia

Hotmine makes a bitcoin mining rig that doubles as a home heating appliance. It's targeting places where winter is brutally cold.

ice, cave

Markets

Moscow Blockchain Voting System 'Completely Insecure,' Says Researcher

A blockchain system that will soon be used to allow Moscow residents to vote in elections is currently easy to hack, according to a researcher.

Moscow and state duma

Markets

Moscow to Develop a Blockchain System for Transparent City Services

Russia's capital is seeking a contractor to build an ethereum-based system to host some of the city's administrative services.

Kremlin

Markets

Airline's Blockchain Ticketing Platform Sees $1 Million in July Sales

Russia's second largest airline is touting the benefits of blockchain after a ticketing platform it developed raked in over $1 million in a month.

S7 Airlines

Finance

Millions in Crypto Is Crossing the Russia-China Border Daily. There, Tether Is King

Tether has a real-world use case: Chinese importers of cheap goods in Russia use it to send millions home daily.

China_Russia