Browsing Tag
Russia
121 posts
Russian social network VK closes NFT marketplace as net loss almost triples
Kremlin-backed social network VK will close its NFT platform this month, following a year of deepening losses and…
Russia’s central bank weighs CBDC launch delay to mid-2026 over migration issues: report
The Bank of Russia is reportedly pushing back the digital ruble’s launch to mid-2026 as banks face hurdles…
Russia embraces crypto, but Kremlin goals remain ambiguous
The current status of crypto in Russia is far from loose—let’s look at the current ambiguity surrounding new…
Russian Civic Chamber proposes creation of fund for confiscated crypto
Russia is considering a plan to direct confiscated cryptocurrency into a special fund, with proceeds from its use…
EU offers support to Zelenskyy, but crypto gamblers bet against him on heels of disastrous Trump meeting
Crypto gamblers on Polymarket, the prediction market platform, have staked over $627,000 on the speculation that Ukrainian President…
EU sanctions Russian crypto exchange Garantex over Ukraine conflict ties
The European Union has taken action against Garantex, a Russia-based crypto exchange, as part of its 16th sanctions…
Bitcoin mining sector expands as ASIC count surged 7% in 2024: report
By early 2025, Russia’s Bitcoin mining capacity had topped 11 GW, but only around 3 GW was reportedly…
Russia’s Zservers sanctioned by US, UK, and Australia for serving crypto ransomware LockBit
Three countries have sanctioned the Russia-based hosting service Zservers for offering services to the notorious cryptocurrency ransomware gang…
Russian Power Giant Rosseti Embraces Bitcoin Mining to Monetize Excess Capacity
Rosseti Group – Russia’s leading electric grid operator – has announced its interest in becoming an operator for…
Russia’s Rosseti eyes Bitcoin mining to harness surplus energy and boost local growth
Rosseti, Russia’s state-owned electricity giant, is reportedly evaluating Bitcoin mining to enhance energy utilization in areas with surplus…
