Places Russia

Cheap hydroelectricity and frigid year-round temperatures have made the Siberian city of Bratsk home to several Bitcoin mining farms. By repurposing abandoned Soviet munitions factories the region could soon become a new hub for Bitcoin mining, moving hash power away from the now-dominant Chinese mining sector. Bitcoin mining farms migrate to the Far East Bitcoin’s […]

Telegram is publicly testing its much-anticipated blockchain project ‘TON.’ The company’s blockchain will be compatible with Ethereum, allowing developers to port their Ethereum smart contracts, revealed a tech startup working on the project alongside Telegram. Ethereum DApps will be available on Telegram’s new blockchain project Telegram, one of the fastest-growing messaging apps in the world, […]

After months of anticipation, messaging app Telegram is inching closer to launching its Gram token. The “first batches” of the cryptocurrency are set to be delivered to investors ahead of the Oct. 31 deadline, according to a report from the New York Times. Anonymous investors reveal Telegram actively working on Gram tokens The amount of […]

Telegram, one of the fastest growing messaging apps in the world, will for the first time make its Gram token available to retail investors through Liquid exchange. The exchange said that the limited listing will be available from July 10 and that a full public sale is planned for October. Gram will finally be available […]

Vkontakte, a Russian social media platform and subsidiary of Mail.ru Group, is reportedly working on a cryptocurrency. According to RNS, a Russian news outlet, Vkontakte’s plan involves the creation of cryptocurrency wallets for its 50 million users on the social media platform. The project, if approved, will enable users to store and transfer Vkontakte’s native […]

Recent news that “Russia will buy $10 billion in Bitcoin and ditch the U.S. dollar” is backed by the flimsiest of evidence. Publications such as The Telegraph, Bitcoinist, and the Daily Hodl been duped? The airwaves were abuzz when news that Russia would buy $10 billion in Bitcoin surfaced. Allegedly, that work was “underway” to […]

A U.S. Justice Department indictment against seven Russian officers on Oct. 5, 2018, revealed the country allegedly used Bitcoin to fund illegal interests in the States, reported MarketWatch. As per the indictment, several shell companies and individuals in the U.S. were hacked by from December 2014 to May 2018 for promoting Russian “strategic interests,” particularly […]

Maintaining its positive, yet careful, stance on cryptocurrencies, the Russian Ministry of Internal Affairs is considering making all unauthorized cryptocurrencies a criminally-liable offense, according to local outlet Izvestia. Russia Seeks Crypto-Criminals The Russian publication collected several documents about the local legislation on cryptocurrencies. Of these, the primary amendment calls for legalizing open-source cryptocurrencies, such as Bitcoin […]

Even prior to Donald Trump's November 2016 U.S. presidential election, the notion of Russian interference in the election was under investigation by U.S. intelligence agencies.

Alfa-Bank and Sberbank — two of Russia’s largest players in the banking market — are currently in the testing phase of cryptocurrency-based investment options geared toward its retail investors, local Russian news Kommersant reported back on June 15th. The two banks will be testing several products of private banking on the Bank of Russia regulatory […]

In January, the popular messaging app, Telegram, announced that it would launch an ICO to fund its Telegram Open Network. This new platform would transcend the apps prowess beyond messages and into mobile payments and other value transactions. In their white paper, the company likens their initiative to “a decentralized counterpart to everyday money – […]

Vitalik Buterin’s unstoppable berzerk trolling frenzy has continued unabated this month, with a highlight reel that has included the Ethereum creator referring to Bitcoin Cash proponent Craig Wright as a fraud, mercilessly roasting Tron’s Justin Sun, and shredding HODLers in a recent Vice interview. Market observer and crypto-tweeter Kevin Pham, however, appears to have decided […]

Everyone knows that Russia has a love-hate relationship with cryptos and blockchain. While the country promotes the use of blockchain to enhance its economic model, the situation is entirely different when it comes to Bitcoin and the rest of the altcoins. The discouragement of their use has even gone so far as to shut down […]

In a move that could have a severe impact on how the global cryptocurrency market communicates, a Russian court has ruled that telecommunications providers must block highly popular encrypted messaging app Telegram within the country. The decision was made in Moscow earlier today, approving a request submitted by Roskomnadzor — the Russian media regulator — […]

In what is being perceived as a one-sided move, the Russian Ministry of Communications has set forth a new set of ICO regulations under which companies looking to facilitate token sale events will be obliged to guarantee that investors can sell back their tokens. The regulatory document which was posted on Russia’s official government portal […]

Messaging giant Telegram has lost its appeal to stop the country’s Federal Security Service (FSB) from gaining access to its encrypted data. The ruling states that Telegram needs to share its encryption keys with state authorities so as to avoid further legal action. In 2017, the FSB, formerly known as the KGB, had asked Telegram […]

The popular messaging app Telegram seems on track to reach its goal of raising $1 billion for its ICO to create the TON network. According to new filings, Telegram has already reached its first milestone for its initial coin offering (ICO). The messaging app intends to raise $1 billion and has so far raised $850 […]

In a volatile week for cryptocurrency, good news came from an unexpected source, as Russia is drafting a bill to legalize cryptocurrency trading. A vote is coming soon on a bill put together by the Russian Ministry of Finance. Russia will attempt to regulate and standardize cryptocurrency trading. There’s a lot up in the air, […]