Tagged: russia

Telegram Vows to Shore Up VPNs as Russia-wide Ban Affects Even Non-Telegram Users

TorrentFreak.com are reporting today that Telegram co-founder and exiled Russian businessperson Pavel Durov has vowed to donate millions of dollars in Bitcoin to providers of virtual private network (VPN) services. Consistently routing messages through VPNs, which obscure message origins, may allow Russian citizens to continue… Read More

Russia’s Sberbank & HSE Business Incubator to Review 600 Startup Ideas For Corporate Business Accelerator Program

Russia-based Sberbank and the Higher School of Economics’ (HSE) business incubator announced on Monday they are beginning to review ideas for startups that were submitted to the corporate business accelerator. The duo reported that around 600 projects were submitted during the first stage, which notably… Read More

Russia Blocks 1.8 Million Telegram IP Addresses

Torrent Freak has reported that Russian telecom regulator Rozomnadzor has begun blocking ISP addresses used to transmit private messages using the Telegram app. The actions come after the app was added to a state register of banned services last Friday after an 18-minute trial. Telegram… Read More

Russia to Restrict Access to Telegram

One of the fastest growing social networks and messaging apps in the world, Telegram, has been hit with a ban from Russian authorities. Roskomnadzor, the Russian Federal Service for Supervision of Communications, Information Technology and Mass Media, posted on their site; “The procedure for restricting… Read More

Reports of Russia’s Involvement in Venezuela’s Petro Crypto called Fake News by Russian Official

Fake news is everywhere these days. So it seems. Recently, the Venezuelan government launched a bespoke cryptocurrency tied to the country’s oil production. Concocted by Venezuelan President Maduro, the Petro Crypto has been slammed as a feeble attempt to skirt the hyper inflation that Maduro’s… Read More

Russia Follows USA to Tighten Cryptocurrency Regulation

The Russian Parliament has started finalizing a draft bill on cryptocurrency and digital tokens recognising them as assets that cannot be used in exchange for goods and services. The draft aims to define the scope of the regulations of cryptocurrencies, not their prohibition, according to… Read More

Recap: INNMIND/ KICKICO Blockchain Leadership Summit Reaffirms Global Interest in Blockchain

Updates from the Blockchain Leadership Summit held in Zurich, Switzerland, indicate broadening interest in blockchain from traditional financial sector as well government agencies and country leaders. Hosted by INNMIND, global platform for startups and investors, and supported by KICKICO global fundraising platform, the forum gathered… Read More

Farmer Wants to Tokenize His Time. Expects to Use Waves Platform to Create 12 Million Tokens

This is a first. According to a note we received from team Waves, Boris Akimov, a farmer and the founder of organic food startup LavkaLavka and BioCoin, will use the Waves platform to tokenize his skills ad time. Yep. A new spin on farming supported by… Read More

Russian Authorities Detain Two Engineers at Nuclear Center in Sarov for Bitcoin Mining

According to multiple reports, two Russian engineers were detained by authorities for attempting to use computers at the Scientific Research Institute for Experimental Physics which is based in Sarov, Russia. The facility is said to be where the first Soviet nuclear weapon was produced in… Read More

Letter from Senators Rubio & Menendez Raise Concern About Cryptocurrencies & International Scofflaws

Several days ago, Senator Marco Rubio and Senator Robert Menendez published a letter directed to the US Secretary of the Treasury Steven Mnuchin demanding to know what the US government was doing to foil attempts by rogue nations in leveraging cryptocurrencies to skirt imposed sanctions…. Read More

Incubator Waves Lab Welcomes First Participants, Launches First ICOS

Waves Lab, a Moscow-based incubator for new projects on the Waves platform, has announced a total budget of 1 million WAVES for future participants, as the first tranche of entrants launch their applications. The commitment, reportedly worth approximately $9 million after the recent cryptocurrency sell-off… Read More

Russian Finance Ministry to Suggest Collecting Taxes on Mining of Cryptocurrency

On Thursday, Deputy Minister Alexei Moiseev announced that the Russian Finance Ministry has reportedly suggested collecting taxes on mining of cryptocurrencies. This tax will be introduced through a new draft law, which was announced earlier this week. According to Russian media outlet, TASS, while sharing details… Read More

Russia Prepares Law on Regulation of Cryptocurrencies & ICOs

According to a report in TASS, the Russian Ministry of Finance has prepared a draft law that will regulate cryptocurrencies. The basis of the report was an interview of the Russian Finance Minister Anton Siluanov for Rossiya 24. Siluanov was quoted saying: “The Ministry of Finance has… Read More

Starta Publishes Report on ICOs: “Hybrid Capital: The Future of Venture in the ICO Era”

Starta Ventures has published a report on venture capital in regards to the emerging Initial Coin Offering ecosystem.  Entitled, “Hybrid Capital: The Future of Venture in the ICO Era.” The e-book, authored by Alexey Girin and Ekaterina Dorozhkina, is available for download on Amazon but you… Read More

Waves Will Announce New Platform with Major Upgrades

Waves is set to release a new and improved blockchain platform following 18 months of development. The launch of the Waves Client 1.0 will take place today bringing a redesigned client to users. The Waves Platform is primarily designed to support the issuance, trade and exchange… Read More

Finstar to Enter Asia Pacific Region with $50 million Investment Commitment for Fintech

Asia is a hotbed of innovation when it comes to Fintech disruption. China is the largest Fintech market in the world and both Singapore and Hong Kong are battling to become the leading Fintech hub for alternative finance. This is not to mention Australia which… Read More

Mintos, an Online Marketplace for Loans, Adds First Russian Loan Originator to Platform.

The Mintos marketplace for loans has added its first Russia based loan originator: EcoFinance. The online lender offers investments in unsecured personal loans issued in Russia under its CreditPlus brand. Mintos reports that EcoFinance loans on its marketplace will initially be listed in Euros with… Read More

Brief: Sberbank Initiates Pilot Blockchain Payment, Partners with MegaFon, MegaLabs, Alfa-Bank & IBM

Sberbank, Russia’s largest bank which  almost one third of aggregate Russian banking sector assets, is the key lender to the national economy and the biggest deposit taker in Russia. The bank has now spearheaded a Russian banking industry first: a pilot blockchain payment transaction. The transaction used… Read More

Russian Minister Believes Bitcoin Will Never Be Legalized in the Country

Earlier this week, Russian Minister of Communications and Mass Media, Nikolai Nikiforov revealed that he believes Russia will never legalize bitcoin. According to TASS, the government-run media outlet, Nikiforov shared his thoughts about bitcoin by stating:: “Bitcoin is a foreign project for using blockchain technology, the… Read More

INS Integrates Bancor Protocol into System, Offering Inter-Chain Liquidity to Token Holders

INS, the decentralized ecosystem for the grocery market, today announced integration of the Bancor Protocol, a standard for autonomously convertible blockchain cryptocurrencies, to offer inter-chain liquidity to INS holders via Bancor’s Smart Tokens. INS will create a unique type of Smart Token called a Token Relay… Read More