Tag: russia

Jan 18 2021

Russian Crypto Exchange Livecoin Shuts Services after Hack

It lost control over its servers and temporarily moved media channels to a new domain, Livecoin.news.

Dec 30 2020

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

Dec 30 2020 Published at CoinDesk under tags  business gazprom mining news russia

A unit of oil and gas giant Gazprom has opened a mining venue on an oil drilling site using gas produced as a byproduct to produce electricity.

Dec 24 2020

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

Dec 24 2020 Published at CoinDesk under tags  hack livecoin markets news russia

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

Dec 23 2020

Russian Politician Anticipates Cryptocurrency Issuance Surge in 2021

The Head of the Russian State Duma Committee on financial markets expects token releases to reach a record-high next year.

Dec 21 2020

Bank of Russia Chair: Digital Ruble Is No Threat to Banks

Russian banks are concerned the digital ruble might hurt their business, but the Bank of Russia is nonchalant

Dec 16 2020

Bitcoin Scam Using Unauthorized Celebrity Images in Ads Traced to Moscow: Report

A Guardian Australia investigation traced the source of a major crypto scam using Google ads to addresses in Moscow.

Dec 15 2020

World’s Biggest Bitcoin Ad Scam Targeting Celebrities Shows Russian Links

The investigation report discovered that Bitcoin scammers used profiles of Chris Hemsworth and Waleed Aly to lure investors.

Dec 11 2020

Russian Officials to Disclose Crypto Holdings Following Putin Order

Failing to disclose data or deliberately providing false information is a criminal offense.

Putin Orders Russia’s Public Officials to Report Crypto Holdings

Russian civil servants must start reporting their crypto assets as the country's first crypto law comes into force in January.

Dec 04 2020

Russia’s Crypto Community Fears Digital Ruble Plan Means ‘Back to USSR’

Russian cryptocurrency and blockchain association warns the Bank of Russia against the excess centralization of the digital ruble

Dec 02 2020

Russia Says No to Private Stablecoins Pegged with Ruble

The central bank officials opposed the idea of ruble-pegged private stablecoins as the country follows the Chinese model.

Dec 01 2020

Ruble or Rubble? Russian Institutions Have Concerns About Proposed CBDC

Russian banks and financial brokers are worried the digital ruble will be a burden for them.

Nov 27 2020

Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal

Russian banks fear being left out of the central bank's proposed digital currency system, according to a report.

Russia Plans to Treat Cryptocurrencies as Property

Prime Minister Mikhail Mishustin said that the government is planning to regulate the crypto market in a civilized manner.

Nov 26 2020

Russian Prime Minister Pledges to ‘Civilize’ Crypto Market and Prevent Scams

Nov 26 2020 Published at CoinDesk under tags  law news policy & regulation russia scams

Changes to the law will bring Russia's crypto users more protections against fraud, said Mikhail Mishustin.

Nov 25 2020

Russian Hospitalized After Bitcoin Mining Farm Sets Apartment on Fire

Nov 25 2020 Published at CoinDesk under tags  mining news russia

A poorly managed mining farm in St. Petersburg, Russia, set an apartment on fire and injured the operator, according to a report.

Nov 24 2020

HASHR8 Assesses The World Of Bitcoin Mining With Launch Of Index Reports

Bitcoin mining-focused media company HASHR8 has launched the first report in its “Bitcoin Mining Index,” a planned series on the world’s prominent mining regions that offers detail on how the practice is taking shape and where opportunity lies around the globe.“Bitcoin mining is truly a global game,” a representative of HASHR8 told Bitcoin Magazine. “Each country has its own unique pros...

Nov 12 2020

ViaBTC Signs Partnership Deal with BitRiver

The crypto mining pool will install a new server at BitRiver’s datacenter in Bratsk before the start of 2021.

Russian Finance Ministry Gets Tough on Cryptocurrencies

The Ministry of Finance has drafted amendments to jail citizens for undeclared cryptocurrencies.

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