Russian President Vladimir Putin’s signing of the bill to grant legal tender status to a “digital ruble” comes at a time of severe economic challenges for Russia, mainly due to the ongoing war in Ukraine and the subsequent Western sanctions imposed on the country. The introduction of a central bank […]
Tag: russia
Increase In Crypto Adoption As Russia Embraces Bitcoin Mining
The rising interest from countries in Bitcoin adoption and the role of Bitcoin mining in this trend can be seen through the example of Russia’s Ministry of Energy pushing for the legalization of industrial crypto mining. This development highlights the growing recognition of the economic potential and significance of cryptocurrencies, […]
Russia Sberbank’s Move To Allow Cryptocurrency Trading Could Have Far-Reaching Impacts
Russia’s largest bank, Sberbank, is preparing to allow Russian citizens to buy and sell digital assets. This move could have far-reaching impacts on the cryptocurrency industry, as well as on other countries that have been critical of cryptocurrencies. Sberbank’s decision has good significant implications especially judging from the country’s previous […]
New Bill Wants to Eradicate Crypto Activity in Russia
Russia has always been an interesting country when it comes to Bitcoin and other cryptocurrencies. A new proposed law would make it illegal to buy BTC with cash, and potentially lead to a seven-year jail sentence. Obtaining cryptocurrency in Russia is not as straightforward as one may assume. Russia Wants […]
Foreign Crypto Exchanges Receive More web Traffic From Russia
Russia is always an interesting region when it comes to Bitcoin and other cryptocurrencies. Despite the nation’s negative sentiment toward this form of money, citizens are actively visiting crypto exchanges and trading platforms. The demand for Bitcoin and altcoins appears to be rising in Russia. More Exchange Traffic From Russia […]
Coronavirus may Allow Russia to Increase Facial Recognition in Moscow
Russia is always an interesting country when something major happens. The coronavirus crisis has given way to some very interesting, albeit probably controversial ideas. Authoritarian technology is nothing new in Russia by any means. Facial Recognition in Times of Corona President Putin has some very interesting ideas when it comes […]
Russia may Attempt to ban Cryptocurrencies Later This Year
The future of cryptocurrencies remains in question all over the world. In Russia, there is still a genuine chance of banning cryptocurrencies altogether, which isn’t too promising. Russia has always been on the fence about Bitcoin and altcoins. Will Russia ban Cryptocurrencies? To this date, no official regulation regarding these […]
Russia’s Central Bank Approves the Atomyze Crypto Asset
Russia remains a very unusual country when it comes to crypto assets. Following the launch of Atomyze, that situation may come to change in the near future. Big was people’s surprise when Vladimir Potanin introduced his vision of Atomyze. Atomyze Gains Central Bank Approval It is a crypto token for […]
Russian Hackers Leverage PowerTrick as a Stealthy an Fileless Backdoor
Hackers and criminals continue to step up their game. It now seems a fileless backdoor for major targets is making the rounds in Russia. Most people may have heard of the TrickBot group. It is one of Russia’s premier hacking collectives, and one that keeps sophisticating its attacks. PowerTrick is […]
Russian Officials Claim Their Hypersonic Missile is Ready to be Used
Any development in technology, science, and space deserves to be highlighted. Russian engineers are confident they have put together a working hypersonic missile. Rumors of such a missile have persisted for some time now. The Hypersonic Missile Appears Real According to the Russian Ministry of Defense, the hypersonic missile is […]
Government Officials in Russia Allegedly Sell Access to Moscow’s CCTV Infrastructure
Most technology-related news coming out of Russia will not be positive. New research confirms access to Moscow’s surveillance system can be purchased for very little money. The things one can buy on online forums and messenger groups are absolutely astonishing, but not in a positive manner. Making Extra Money in […]
Russia’s Largest Tank Plant is Building Autonomous Military Ground Vehicles
Robots and drones will undoubtedly play a growing role of importance in future warfare. A new report indicates the Russian military may be working on a rather unusual project. The country’s primary tank plant is working on unmanned variants. It seems the robot drone tank could go in production fairly […]
Russia Expects to Finish its Moon Base by 2040
Virtually all of the major countries around the world have high expectations of creating a permanent presence on the Moon and other planets. As far as Russia is concerned, their plans to build a Moon base are slowly taking shape. newly released information confirms 3D printing and lunar dust will […]
Russian Authorities Force VPN Providers to Engage in Internet Censorship
In Russia, internet censorship has become the norm rather than an exception. While that is not all that surprising any longer, it seems the government is not done with trying to prevent people from accessing specific information. As part of a new degree, major VPN providers in the country now […]
ProtonMail is no Longer Accessible in Russia
Politics and technology hardly ever play nice together. As the technology industry continues to become more prevalent in people’s daily lives, politicians will continue to oppose this innovation at every possible turn. In Russia, the government has forced internet service providers to effectively block ProtonMail. This is the direct result […]
Russia Unlikely to Invest in Bitcoin in the Next 30 Years, Official Refutes Earlier Report
Recently, a report indicated that Russia intended to invest billions of dollars in Bitcoin to cushion itself against the effects of U.S sanctions. As we reported, the report cited a senior Russian economist and a lecturer at a national economics institution. However, a Russian government official says that this is […]
22 Bitcoin ATMs Seized by Russian Authorities
Russian police officers have seized 22 Bitcoin automated teller machines (ATMs) which were installed in shopping malls, stores and restaurants across 9 towns. According to local media reports, the seizure order was given by the Central Bank of Russia (CBR) through the office of the Prosecutor General. Primary reasons for […]
Bitcoin Price Watch: Currency Stumbles After International Speculation
At press time, the largest cryptocurrency by market cap is trading for roughly $6,800. This is about $200 less than where it’s been over the past 48 hours, and a drop of roughly three percent. One analyst claims that short sellers still have plenty of control in the cryptocurrency market. […]