Tag: Russia

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Waves To Launch Blockchain-Agnostic Interoperability Protocol

Russian blockchain platform Waves is launching Gravity Hub, a blockchain-agnostic protocol resolving the interoperability issue. Open-source blockchain platform Waves is launching Gravity Hub, a blockchain-agnostic protocol resolving the interoperability issue. It will also operate as a data oracle, feeding data from the outside world to the blockchain. Sasha Ivanov, founder of Waves platform and Waves…
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Russia’s National Energy Grid Operator Tests Blockchain for Retail Payments

Russia’s national energy grid operator Rosetti is testing a blockchain solution for payments in the retail electricity sector. Russia’s national energy grid operator Rosetti is testing a blockchain solution for payments in the retail electricity sector. The system — initiated by Rosseti and developed by the Russian distributed ledger technology (DLT) startup Waves — aims…
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Russian Smelting Giant Begins Testing Digital Trading Platform

Russian mining and smelting giant Nornickel has commenced testing its digital platform for metals trading. Russian mining and smelting giant Nornickel has commenced testing its digital platform for metals trading. As Bloomberg reported on Dec. 5, Nornickel began trialing its platform for digital metal tokens in collaboration with physical commodities trading group Trafigura Group Ltd.,…
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$50M of ETH Stolen, ‘Rare Opportunity’ for BTC: Hodler’s Digest, Nov. 25–Dec. 1

Upbit confirms 342,000 ETH has been stolen, Russia considers a ban on crypto payments, and five crypto exchanges close in China. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more —…
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Russia Reportedly Considers Ban on Using Crypto as Means of Payment

Russia is allegedly preparing a ban on the use of cryptocurrencies to pay for goods and services. Russia is allegedly preparing a ban on the use of cryptocurrencies to pay for goods and services. A report from Izvestia on Nov. 29 cites several sources allegedly familiar with ongoing discussions at the country’s central bank, financial…
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Russian Oligarch Turns Soviet Plant Into a Major Bitcoin Mining Hub

The largest data center in the former Soviet Union grants miners cheap energy when mining in the former world’s largest aluminum smelter. The largest data center in the former Soviet Union, BitRiver, opened about a year ago in the Siberian city of Bratsk and most of its clients use the facility to mine Bitcoin (BTC),…
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BBC: New Files Allegedly Connect $450M in Lost Bitcoin to Russian Intelligence

The lost $450 million worth cryptocurrency from now-defunct crypto exchange WEX could allegedly be transferred to a fund belonging to Russian intelligence. $450 million worth of lost cryptocurrency from the now-defunct cryptocurrency exchange WEX may have been transferred to a fund belonging to Russian intelligence agency the Federal Security Bureau (FSB), according to an investigation…
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Russian Crypto Plot, China Mining U-Turn, Lottery Winner’s BTC Gamble: Hodler’s Digest, Nov. 4–10

Russia plans new law that would allow police to confiscate BTC, and China scraps plan to ban cryptocurrency mining. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week…
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Scale of OneCoin Scam Unravels Amid Ongoing Court Hearings

A U.S.-based lawyer linked with the OneCoin scam allegedly helped Ruja Ignatova, the principal accused in the OneCoin scam, launder over $400 million. With each passing day, the financial nitty-gritty associated with the cryptocurrency-related OneCoin Ponzi scheme continues to become of increasing interest to members of the global crypto community.  The U.S. government’s previous estimate…
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Russia: New Law Would Let Police Confiscate Bitcoin From 2021

A project by the interior ministry and other entities even includes creating dedicated government wallets for transferring of seized funds. Russia is planning on creating legal statutes allowing the government to achieve the impossible: confiscation of Bitcoin (BTC).  As local financial news outlet RBC reported on Nov. 7 citing sources familiar with the matter, Russia’s…
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