Tag: Russia

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Russia May Lift Telegram Ban Due to Coronavirus Outbreak

Russian officials have proposed lifting the Telegram ban after the app’s creator Pavel Durov agreed to collaborate with the authorities on tackling coronavirus. After years of unsuccessful efforts to block Telegram in Russia, the country’s government is now considering lifting the ban due to the coronavirus outbreak. According to an April 22 report by Russian…
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Crypto Community Is Keeping Itself Entertained While on Coronavirus Lockdown

Cryptocurrency enthusiasts have found plenty of entertainment online as many countries enforce lockdowns to curb the spread of COVID-19. Nationwide lockdowns have become commonplace in a number of countries across the world as the global community tries to curb the spread of the novel coronavirus. For weeks on end, people have had to hunker down…
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Russian Counterfeit Cash Ring Busted for Selling 1 Billion Rubles for Crypto

A Russian darknet counterfeit cash ring that sold over 1 billion fake rubles for cryptocurrency has been busted by local authorities. Russian authorities have arrested a group of several dozen individuals who allegedly sold more than 1 billion counterfeit rubles (roughly $13.6 million in nominal value) for crypto assets over the dark web. The Russian…
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Russian Darknet Criminals Sell $13M of Fake Cash for Crypto

Russian authorities detained a group of online criminals that sold massive amounts of counterfeit banknotes on the dark web in return for crypto. Russian authorities have detained a group of online criminals that reportedly sold massive amounts of counterfeit banknotes on the dark web in return for cryptocurrencies. According to an April 7 report from…
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Blockchain Experts Weigh in on Russia’s Controversial Coronavirus Tracking App

Blockchain technology would have been a better solution for handling coronavirus-related data in Russia. Experts suggest that blockchain technology could have been a better solution for handling coronavirus-related data in Russia. Moscow’s COVID-19 App is pulled from Google Play On March 25, an app called “Social monitoring” appeared in Google Play store. According to the…
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Russian Police Take Down an Illegal Bitcoin Mining Farm

Russian police seized a bitcoin mining farm for the alleged theft of $200,000 in monthly electricity costs. Russian police have caught bitcoin miners who were stealing $200,000 worth of electricity each month in their efforts to mine cryptocurrency. According to a statement released by the Russian Interior Ministry, a Saint Petersburg suspect has been arrested,…
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FBI Apprehends & Charges Russian Hacker, Closes Down Deer.io Platform

The FBI has shut down Deer.io, a platform used in conjunction with the sale and theft of private data. The Federal Bureau of Investigation (FBI) has charged a Russian hacker for stealing private information, and has shut down his platform — Deer.io, which moved funds via crypto assets. The FBI shut down the Deer platform…
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Russian Ministry Wants to Test Crypto and Blockchain in Regulatory Sandboxes

The Ministry of Economic Development of the Russian Federation introduced a draft law that would allow the testing of crypto in a regulatory sandbox. Amid regulatory uncertainty for cryptocurrencies in Russia, a federal ministry introduced legislation that would legalize crypto and blockchain within a special regulatory environment. The Ministry of Economic Development of the Russian…
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Russia Cracks Down on ‘Anonymous Darknet Networks’ Like TON and Tor

Russia’s communications watchdog is calling on contractors to help it block or disrupt anonymous networks including The Onion Router and Telegram Open Network. The Russian communications watchdog has launched an offensive on censorship resistant platforms, including the Telegram Open Network (TON) and privacy browser Tor. Russia’s Federal Service for Supervision of Communications, Information Technology and…
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Russia Updates Its Laws for Cryptocurrencies

Russia’s relationship with blockchain and cryptocurrency wasn’t clear, but the country is making steps toward digital economic development. The volume of cryptocurrency flows on darknet markets — which are involved in illegal drug and arms trafficking, remittance and transfer of illicit funds — have doubled for the first time in four years, a new report…
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