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PortuguêsThe world’s largest producer of palladium and high-grade nickel, Norilsk Nickel, is pressing ahead with its digital technologies strategy. As of Jan. 18, Nornickel’s Global Palladium Fund has launched exchange-traded…
Continue ReadingRussian cryptocurrency exchange Livecoin has announced it is shutting down after abruptly halting operations in late December 2020. According to Livecoin’s main page, the exchange is unable to continue operations…
Continue ReadingA Russian company is leveraging the Siberian city of Norilsk located above the Arctic Circle in order to mine bitcoins. Bitcluster, the owner of the crypto mining operation, plans to…
Continue Reading“Mining” may be most frequently used in the crypto industry to refer to the process by which digital currencies are collectively generated — but there are contexts in which firms…
Continue ReadingAnatoly Aksakov, a member of the Russian State Duma, has reiterated his negative stance on Bitcoin (BTC) shortly after the cryptocurrency briefly retouched $40,000 on Jan. 14. In an interview with…
Continue ReadingRussia’s central bank digital currency, or CBDC, could contain a number of risks related to cybersecurity and fraud, according to several local financial institutions. The Association of Russian Banks, or…
Continue ReadingMajor global cryptocurrency exchange Huobi is introducing Russia’s national fiat currency on its trading platform. According to a Jan. 12 announcement, Huobi Global now supports deposits and withdrawals in the…
Continue ReadingThe firm Gazpromneft, an oil subsidiary of the Russian natural gas and global energy company Gazprom, is giving bitcoin mining operations the chance to power operations by using excess gas…
Continue ReadingBeginning investors in Russia will soon find themselves with fewer options to beat plummeting interest rates offered at Russian savings accounts. In addition to the investors themselves, the big losers…
Continue ReadingGazpromneft, the oil subsidiary of Russia’s natural gas giant Gazprom, is getting into a different kind of exploration. The company opened a venue for cryptocurrency mining on one of its…
Continue ReadingThe first deputy governor of the Central Bank of Russia (CBR) has been vocal in a recent online meeting, reported by Russia Today (RT), about the topic of digital currencies…
Continue ReadingIt has been a blazing start to a new decade, with 13% more large, uncontrolled wildfires around the world this year compared with 2019. This has spelled dire consequences for…
Continue ReadingOne of the world’s biggest palladium producers, based in Russia, announced that it’s starting the first stage of issuing blockchain-powered tokens to its industrial partners Traxys and Umicore. Palladium Producer…
Continue ReadingLivecoin, a lesser-known Russian cryptocurrency exchange, has abruptly halted operations in the aftermath of an alleged hacker attack on Christmas day. According to Livecoin’s main page, the exchange has suffered…
Continue ReadingCryptocurrency exchange Livecoin has suffered what it called a “carefully planned attack.” The Russian exchange said in a web post it has “lost control of all of our servers, back…
Continue ReadingThe Russian government is anticipating more cryptocurrencies to be issued in the local market in 2021, according to a senior official. Anatoly Aksakov, a member of the Russian State Duma…
Continue ReadingThe Bank of Russia doesn’t believe a digital ruble will hurt its banks. Earlier this month, Russian banks warned the Bank of Russia that the digital ruble under discussion might…
Continue ReadingBitcoin (BTC) has had an interesting year, recovering from major sell-offs to eventually skyrocket to new all-time highs. However, Bitcoin’s performance and cryptocurrencies increased adoption worldwide have still failed to…
Continue ReadingVTB, the second largest bank in Russia after Sberbank, has piloted a new blockchain-based system to issue bank guarantees. According to an official announcement on Dec. 16, VTB provided a…
Continue ReadingActive digitalization of large domestic financial institutions is a noticeable, definitely positive trend. Russia is one of the five world leaders in the speed of transition to cashless payments, and…
Continue ReadingThe defense team of Alexander Vinnik, an alleged Bitcoin launderer who was sentenced to a five-year prison term, disagrees with the court’s decision. According to a Dec. 18 report by Russian…
Continue Reading2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies Digital currency markets have climbed significantly in value all year long, despite the gloomy global economy and the…
Continue Reading2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies Digital currency markets have climbed significantly in value all year long, despite the gloomy global economy and the…
Continue ReadingA major Bitcoin (BTC) ad scam involving unauthorised images of Australian celebrities who seemingly promoted fake investment schemes is allegedly coming from Russia, according to a new report. Fraudulent Bitcoin…
Continue ReadingRussian President Vladimir Putin has signed an order obliging public officials to report any cryptocurrency holdings. According to the document, signed on Thursday, both current civil servants and people about…
Continue ReadingRussia is the latest country to officially require its government officials to report their cryptocurrency holdings. President Vladimir Putin has signed a decree obliging Russian officials to disclose their crypto…
Continue ReadingMajor cryptocurrency advocates in Russia are opposing the government’s stringent approach to regulating the crypto industry. The Committee on Blockchain Technologies and Cryptoeconomics, whose ranks include executives from major crypto…
Continue ReadingAfter years of extradition debates, Bitcoin (BTC) launderer Alexander Vinnik has finally been sentenced by a French court. According to a Dec. 7 report by Novaya Gazeta, Vinnik has been…
Continue ReadingRussian cryptocurrency and blockchain association (RAKIB) warned the country’s central bank against making its future CBDC too centralized. RAKIB sent a letter to the Bank of Russia Chairwoman Elvira Nabiullina…
Continue ReadingSenior officials at the Bank of Russia have come out against the issuance of private stablecoins pegged to the Russian ruble. Sergei Shvetsov, a first deputy governor of the Russian…
Continue ReadingRussia is seriously considering whether or not it should launch a central bank digital currency (CBDC). The Bank of Russia has started a series of consultations dedicated to the potential…
Continue ReadingAlfa-Bank, one of the largest private commercial banks in Russia, is exploring blockchain technology in its services for freelancers. According to a Dec. 1 announcement, Alfa-Bank will use blockchain-based applications…
Continue ReadingWith a new law coming into effect in the Russian Federation, the country’s largest bank is planning a new blockchain platform for trading, as well as a native token. According…
Continue ReadingThe deputy chairwoman of the Bank of Russia, Olga Skorobogatova, met with representatives of several major banks Thursday, seeking early feedback on the concept of a digital ruble. According to…
Continue ReadingRussian prime minister Mikhail Mishustin has appeared to express support for the further development of the local cryptocurrency market. At a recent governmental meeting held on Nov. 26, Mishustin proposed…
Continue ReadingMikhail Mishustin, the Russian prime minister, raised the subject of cryptocurrencies and the need to protect users during the government session on Thursday, according to a transcript. Acknowledging the growing…
Continue ReadingA poorly organized cryptocurrency mining farm has caused a fire in an apartment in St. Petersburg, Russia, and injured the operator, according to a 78.ru report citing the Ministry of…
Continue ReadingBitcoin 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…
Continue ReadingGazprombank Switzerland, a subsidiary of one of the largest banks in Russia, has piloted its Bitcoin (BTC) transaction service following regulatory approval by Swiss regulators. According to a Nov. 19…
Continue ReadingWaves Enterprise, the business-focused spin-off of the Waves project, announced on the public release of its blockchain voting system primarily aimed at corporations and board governance. The Waves system uses…
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