Tagged: russia

September 3, 2018 @ 9:32 pm By Cali Haan  |  

Police in Russia have seized all 22 Bitcoin ATMs belonging to the company BBFpro without warning, Russian media outlet RBC reports. Police are said to be acting on orders from the Prosecutor General’s Office, orders induced by a letter from the Central Bank of Russia… Read More

September 1, 2018 @ 1:28 pm By Cali Haan  |  

A Russian lawmaker, Vladimir Gutenev, told Russian news agency TASS  last week that Russia should consider ‘an asymmetric response’ to US pressure and sanctions, including deployment of nuclear weapons to Syria, suspension of missile non-proliferation treaties and development of a gold-backed cryptocurrency to help Russian… Read More

August 30, 2018 @ 4:39 pm By Cali Haan  |  

The agency responsible for combatting money laundering and terrorist financing in Russia is developing a software tool to help it monitor crypto transactions, particularly those done in Bitcoin, Russian BBC reports. Publicly available contract information shows that a crypto-tracking analytical software package has been ordered by the Federal… Read More

August 26, 2018 @ 1:31 pm By Cali Haan  |  

The head of Russia’s Main Directorate for Drug Trafficking, Andrey Khrapov, has asked the country’s legislators to require that all cryptocurrency transactions exceeding 600 000 rubles ($900 USD) be registered with or monitored by Russian authorities, Izvestia reports. Mr Khrapov reportedly contacted the Ministry of… Read More

August 25, 2018 @ 3:05 pm By Cali Haan  |  

Following invitations issued by local politicians last fall, the regional government of Leningrad in northwestern Russia has now announced the opening of the country’s, “largest data processing centre…designed to extract digital currency,” Bitcoin News reports. The 4000 square metre “crypto mine” and its 3000 machines… Read More

August 13, 2018 @ 11:30 pm By Cali Haan  |  

A new report from Group-IB, a computer forensics and information security company with offices in Moscow, London, New York and Dubai claims to have identified an almost four-fold increase in “compromised (customer) login data” at global cryptocurrency exchanges this year. The company also found that… Read More

August 9, 2018 @ 12:46 pm By Cali Haan  |  

Russian independent news publication Interfax has reported that the owner of a small newspaper in Tatarstan, a state in the Russian southwest, has been fined for carrying a cryptocurrency mining and investment advertisement. The Eleventh Arbitration Court of Appeal confirmed a prior decision to fine Unity Nizhnekamsk… Read More

August 9, 2018 @ 12:00 pm By Samantha Hurst  |  

Russian banking firm Sberbank announced on Thursday it is set to invest RUB 27 million in six start-ups, created by employees through its in-house accelerator program, Sber#Up. According to Sberbank, Sber#Up in-house accelerator is a program that offers all the banking group’s employees support to create their… Read More

July 31, 2018 @ 9:59 pm By Cali Haan  |  

The rial traded at historic lows this weekend in Iranian black markets as financial problems made worse by US sanctions continue to take a toll on the country. According to the Arab Times, Iran’s national currency traded at 116 000-to one US dollar Saturday before… Read More

July 31, 2018 @ 8:45 am By Samantha Hurst  |  

Sberbank announced on Monday that applications for the Classic AI competition is now open. According to Sberbank, participants of the competition will develop an algorithm that will create a poem in the style of a given author, based on the received part of their text in Russian…. Read More

July 24, 2018 @ 9:28 am By JD Alois  |  

Waves has announced that Waves Client decentralized exchange (DEX),  is now stable after 53 beta versions. The Waves DEX is said to offer a completely new interface, new APIs and improved stability. The release also offers night mode and an asset manager, which allows searching… Read More

July 17, 2018 @ 11:05 am By JD Alois  |  

Russia based Boomstarter.Network, a “cryptofunding platform” has raised $1 million in early financing from venture funds and private companies as part of its ongoing token offering. The blockchain based crowdfunding platform stated that DTI, an investor in Telegram and Dropbox, are participating in the funding of… Read More

July 14, 2018 @ 1:06 pm By Cali Haan  |  

The grand jury indictment filed in Washington Friday by the Mueller team claims multiple units of Russian spies used bitcoins in, “large-scale cyber operations to interfere with the 2016 U.S. presidential election.” Although cybersecurity experts recently warned the US Senate Subcommittee on Crime and Terrorism… Read More

July 13, 2018 @ 7:48 pm By Samantha Hurst  |  

Russian banking group Sberbank announced on Friday it has teamed up with Tinkoff Bank to launch joint peer-to-peer (p2p) payment transfer service that uses mobile phone numbers. According to Sberbank, the new service allows bank card users to transfer money from card to card immediately by using their… Read More

July 5, 2018 @ 10:00 am By Samantha Hurst  |  

Russian banking firm Sberbank announced on Thursday that it and Google have provided online shops and their clients a new tool for paying for online purchases – Google Pay. Sberbank claims it is the first bank in Russia to support online payment of goods and services… Read More

July 5, 2018 @ 2:55 am By Cali Haan  |  

The Russian military is building “a military technopolis” in the Black Sea town of Anapa where 200 scientists will focus on creating blockchain tech for national security, Russian publication Izsvestia reports. Protecting state secrets will be a priority at the new facility, which will welcome, “operators… Read More

June 10, 2018 @ 2:32 pm By Samantha Hurst  |  

It’s been quite a busy week for UK-based fintech Revolut. The startup celebrated two million users, revealed it was looking to apply for a U.S. banking license, sought to hire 100 new employees in Poland, and now has formed a partnership with QIWI to expand… Read More

June 5, 2018 @ 11:28 am By Cali Haan  |  

On May 31st, Pavel Durov, CEO of private messaging app Telegram broadcast on Telegram that Apple was cooperating with a Russian government ban on the app and refusing to allow Telegram users across the globe to upload important updates at iTunes. “Apple has been preventing… Read More

May 20, 2018 @ 2:52 pm By Cali Haan  |  

Russian Prime Minister Dmitry Medvedev has spoken publicly about how draft laws winding their way now through the Russian parliament will define cryptocurrencies and tokens. Bitcoin.com reports that Medvedev recently told an audience at a plenary session of the St. Petersburg International Legal Forum: “We need… Read More

May 4, 2018 @ 9:59 am By Cali Haan  |  

In 1946, delegates from 25 countries met in Geneva to create globally consistent standards for the development of technology and an organization to govern those standards: the International Standards Organization, or ISO. At last year’s ISO blockchain meeting in Tokyo, the New York Time reports, China… Read More