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Russia News and Articles



Russia blockchain party

World of Tanks author will create a blockchain party

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The director of the Wargaming.net World of Tanks videogame, Vyacheslav Makarov, plans to create a “Direct Democracy Party” with an application on the blockchain, Kommersant writes. It is going to first take part in the 2020 regional elections, and then in the parliamentary elections of 2021....

Russia fraud trader

Russian lost 4 million in crypto after an unknown call

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A resident of Kaluga (Russia) became a victim of a telephone fraudster, who, under the guise of an experienced trader, suggested to earn money on cryptocurrencies. This was reported by the Ministry of Internal Affairs in the Kaluga region. On the advice of the attacker, the victim registered two...

Russia FSB bitcoin crime

Threatening to torture FSB pseudo-officers stole $1 million

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The Petrograd District Court of St. Petersburg has registered a criminal case against two accused of extortion and theft of funds, including cryptocurrencies. Total damage is estimated at more than 60 million rubles (almost $1 million). According to the joint press service of the judicial system of...

Russia law bitcoin

Russia declared impossibility of virtual ban on BTC payments

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It is legally possible to prohibit the use of crypto as payment for services and goods, but in fact, it will be very difficult to enforce the ban. This was stated by Chairman of the State Duma Committee on the financial market Anatoly Aksakov, reports TASS. According to him, those “who are ready...

Bitcoin drugs

Laundering money in BTC: Russian drug peddlers face prison

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Cherepovets police are investigating a criminal case against two residents of the city who distributed drugs for a fee in cryptocurrency. This was reported by the press service of the department. The investigation established that the suspects worked for one of the darknet marketplaces involved in...

miner burned Russia

Miner burned eight apartments in Russia

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The investigation was completed on the case of a miner from the city of Artyom in the Primorsky Territory, due to which in 2018 a fire broke out in an apartment building. This is reported by RT. The man installed a cryptocurrency mining farm in the attic of a multi-story building, connecting at...

Russia crypto law

Russia developing a mechanism for seizure of crypto by 2021

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The board of the Ministry of Internal Affairs of the Russian Federation instructed law enforcement agencies to develop a legal mechanism for the seizure of virtual assets for confiscation by December 31, 2021. This is reported by RBC with reference to an unnamed source. Rosfinmonitoring, the...

Binance Russia attacks

CEO Binance: attacks and Russia as key blockchain market

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The Binance cryptocurrency exchange is exposed to 5-10 attacks daily, but confidence in its own security provides cooperation with white hackers. Zhao said the attacks are constant. They work with 10 groups of white hackers on an ongoing basis, so today he can confidently say: they are safer than...

Bithumb Global Russia

Bithumb launched a platform for Russian-speaking users

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On Tuesday, October 22, Bithumb Global launched a Russian-language version of the platform as part of a global expansion strategy. This was reported in a press release. Now users and projects from Russia have access to such exchange products as stage investments, an improved mechanism for approving...

Russia scientist mining

Russian scientists accused in the mining on a supercomputer

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In the Nizhny Novgorod Region, a criminal investigation has been completed against employees of the Sarov Nuclear Center, who used a supercomputer to mine cryptocurrency. The case has been submitted to court, reports RT with reference to the press service of the Sarov City Court. Scientists...

Russia deanonymization

Russian bankers propose to deanonymize cryptocurrency owners

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The Association of Banks of Russia (ADB) has prepared the concept of cryptocurrency circulation. It involves the deanonymization of the owners of digital assets and the introduction of criminal liability for their concealment, reports TASS. The concept describes the procedure for collecting crypto...

Moscow voting blockchain

1000s of votes lost during the e-elections in Moscow

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The developer of the blockchain system of electronic voting at the elections to the Moscow City Duma, the company "CryptoPRO" called the cause of its failure - a violation of the rules of operation of the equipment. This was announced by RBC. According to representatives of the company,...

ICORating SEC

SEC fined Russian ICORating $268 thousand

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Russian-based research firm ICORating has agreed to pay fines of $268,998 to the US Securities and Exchange Commission (SEC). SEC Charges ICO Research and Rating Provider With Failing to Disclose It Was Paid to Tout Digital Assets https://t.co/G9SMJfddvk— SEC_News (@SEC_News) August 20, 2019...

Moscow voting hack

Researcher hacked Moscow's blockchain voting in 20 minutes

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French cryptographer Pierreck Godry hacked the Internet voting system developed by the Moscow Department of Information Technology (DIT), which put some of its components in the public domain, inviting everyone to find vulnerabilities, Meduza reports. So, the developers of DIT published encrypted...

Lenta hack $500k btc

Extortionists want $500k in BTC not to poison Lenta's goods

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The Russian trading network "Lenta" wrote a statement to the police because of a video message in which unidentified people demand to pay bitcoins in the amount of $500 thousand under the threat of food poisoning in stores. It is reported by Fontanka. The ransomware’s video message was...

The US sues Bitcoin theft suspect from Russia

The US sues Bitcoin theft suspect from Russia

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One of BTC-e currency exchange owners, Alexander Vinnik whose extradition from Greece the US is inquiring to face illegal charges, presently face a formal lawsuit in California. Previously, Vinnik was blamed for stealing Bitcoins from various virtual currency exchanges and now the US makes attempts...

police officer sold drugs using crypto

Crime and crypto: a former operative transferred 250,000 USD from the sale of drugs to cryptocurr...

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The prosecutor's office of the Volgograd accused the former operative of the drug control service and his trainee in the sale of narcotic substances and the laundering of illegal income on a large scale through cryptocurrency. This is stated on the website of the department. Thus, the accused...

Beam cryptocurrency price growing

The price of cryptocurrency Beam is growing rapidly amid the statements of regulators and the ann...

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The Beam, confidentiality-oriented on transactions, which are based on the MimbleWimble algorithm, is rapidly growing in price - the coin has risen by 55% in just one day, and during the past week the increase was about 160%. Analysts attribute such confident and sharp growth to the increased user...

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