Russia

Russian Central Bank: Cryptocurrency Involved in Nearly 50% of Financial Scams in Russia in 2020

Noah RyptonFeb 13, 20242 min read

The Central Bank of Russia Reports Increase in Financial Fraud Schemes The Central Bank of Russia has revealed that almost half of the financial fraud schemes…

Russia Emerges as the Second Global Computing Powerhouse with Significant Bitcoin Mining Investments

Leo NomistFeb 12, 20243 min read

Russia Emerges as the Second Largest Bitcoin Mining Nation According to unofficial sources, Russia has become the second largest nation in the world in terms of…

Discover the Latest Solana Vulnerabilities: Blowfish Uncovers Aqua and Vanish Bit-Flip Drainers

Noah RyptonFeb 10, 20242 min read

Solana Transaction Drainers Detected Web3 security company Blowfish has identified two advanced Solana transaction drainers capable of executing elusive bit-flip attacks. These drainers, named aqua and…

Sberbank of Russia Introduces Digital Assets and NFT Offerings for Individual Investors

Wyatt NewsonFeb 4, 20243 min read

Sberbank Launches Digital Financial Asset and NFT Trading Platform Sberbank, the largest bank in Russia, has introduced a digital financial asset (DFA) and NFT trading platform…

Central Bank Governor of Russia Welcomes Crypto Adoption in Foreign Trade

Benito CormiFeb 1, 20242 min read

Russian Central Bank Considers Crypto in Foreign Trade The Bank of Russia is exploring the potential use of central bank digital currencies (CBDC) and cryptocurrencies for…

BRICS Summit: Iran Advocates for Unified Currency — China and Russia Emphasize Local Currency Settlements

Benito CormiJan 31, 20242 min read

First BRICS Sherpa Meeting with 10 Member States The inaugural BRICS sherpa meeting for 2024 has commenced in Russia, with representatives from 10 member states. Joining…

Comparing US Sanctions on Russia to Planting a ‘Dollar Threat,’ According to Russian Analyst

Benito CormiJan 30, 20243 min read

The Threat to the Dollar A Russian financial analyst believes that the United States’ sanctions against Russia are eroding confidence in the U.S. dollar and may…

Proposal to Disconnect Cryptocurrency Mining in Russia Under Consideration

Benito CormiJan 25, 20242 min read

Russia Considers Power Disconnects for Crypto Miners Russia is considering a reform that would disconnect cryptocurrency miners from the power grid based on energy availability. This…

Russia Offers More Profitable Bitcoin Mining Opportunities Compared to the United States, According to BitRiver

Wyatt NewsonJan 22, 20243 min read

The Profitability of Bitcoin Mining in Russia The head of Russia’s biggest crypto mining firm, Igor Runets, claims that Bitcoin mining is more profitable in Russia…

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