Russia

Enterprise Blockchain

Russia’s Power Grid Company Tests Blockchain for Power Meter Data

Russia’s national power grid company Rosseti is testing a system for electricity bill payments based on a distributed ledger by Waves.

Business  ·  10 December 2019
Regulation

Waves and the Tricky Task of Being a Russian Crypto Brand

What if your biggest client is your biggest reputation risk?

Business  ·  25 November 2019
Russia

BRICS Nations Ponder Digital Currency to Ease Trade, Reduce USD Reliance

The BRICS association of major emerging economies has discussed developing a digital currency to facilitate trade between member nations.

Markets  ·  15 November 2019
Cryptocurrency

Russia Wants to Be Able to Seize Cybercriminals’ Bitcoin

Russian regulators will begin developing proposals for legislation allowing confiscation of crypto assets seized in crime investigations.

Policy & regulation  ·  7 November 2019
Russia

Russian Aluminum Plant Pivots to Bitcoin Mining Following US Sanctions

Metal giant Rusal is renting its facilities to the Russian Mining Corporation following 2018 U.S. sanctions.

Markets  ·  30 October 2019
Binance

Binance CEO: ‘Russia Is Our Key Market’

Fans mobbed Binance's CEO like a rock star on his recent visit to Moscow. The warm feelings are mutual, with a big Russian expansion in the works.

Markets  ·  30 October 2019
Crime

Final Russian Nuclear Scientist Sentenced Over Illicit Crypto Mining

The last of three Russian scientists caught illegally mining bitcoin at a top-secret nuclear lab has been given a prison sentence.

Policy & regulation  ·  25 October 2019
Russia

Russian Central Bank Chief: ‘No Obvious Need’ for National Cryptocurrency

Russia's central bank sees no strong reason to launch a national cryptocurrency that would override the potential risks, according to its chief.

Policy & regulation  ·  10 October 2019
Crime

Russian Nuclear Scientist Gets $7,000 Fine for Mining Bitcoin at Work

The engineer at a top-secret nuclear lab, along with two colleagues, had accessed the plant's supercomputer to mine bitcoin.

Policy & regulation  ·  1 October 2019
Russia

WATCH: Inside a Siberian Crypto Mining Complex

CoinDesk On Location goes deep inside a Siberian crypto mining factory situated near a remote hydroelectric plant.

Markets  ·  25 September 2019
Crime

For Desperate Mt Gox Victims, Long-Shot Bitcoin Deal Beats Endless Wait

Some Mt. Gox creditors have signed on to a law firm’s unorthodox proposal to recover their bitcoin, but many are skeptical about its motives. 

Policy & regulation  ·  24 September 2019
Russia

Russia’s Largest Bank Buys $15 Million in Debt Using Hyperledger Blockchain

Sberbank, Russia's largest bank, bought about $15 million worth of accounts receivable from commodity giant Trafigura using a Hyperledger blockchain.

Markets  ·  12 September 2019
Russia

Bitcoin Mining Farms Are Flourishing on the Ruins of Soviet Industry in Siberia

Favorable energy prices and a naturally cold climate are turning Siberia into an international hub for bitcoin miners.

Markets  ·  1 September 2019
Russia

Bitcoin Miners Are Heating Homes Free of Charge in Frigid Siberia

Hotmine makes a bitcoin mining rig that doubles as a home heating appliance. It's targeting places where winter is brutally cold.

Business  ·  23 August 2019
Russia

Moscow Blockchain Voting System ‘Completely Insecure,’ Says Researcher

A blockchain system that will soon be used to allow Moscow residents to vote in elections is currently easy to hack, according to a researcher.

Policy & regulation  ·  16 August 2019