After alleged hack, Russian crypto exchange Livecoin shuts down
Russian cryptocurrency exchange Livecoin has announced a full shutdown following an alleged hack in December 2020. Go to Source Powered by WPeMatico
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A Russian Operation Is Mining Bitcoin in the Arctic Circle for Cheap Electricity
A Russian company is leveraging the Siberian city of Norilsk located above the Arctic Circle in order to mine bitcoins. Bitcluster, the owner of the crypto mining operation, plans to expand the firm’s activities after launching the facility in late 2020. According to the company’s website, the datacenter is getting electricity rates as low as … Read more
Minerals giant Norilsk Nickel joins Responsible Sourcing Blockchain Network
The world’s largest producer of palladium and high-grade nickel is joining a multi-stakeholder initiative that uses blockchain technology. Go to Source Powered by WPeMatico
Bitcoin bubble will pop sooner or later, says famous Russian BTC critic
Anatoly Aksakov of the Russian State Duma suggested that global jurisdictions should ban Bitcoin as a payment method. Go to Source Powered by WPeMatico
Digital ruble could be still vulnerable to fraud, Russian banks warn
The Association of Russian Banks is worried about regulators being unable to track illicit transactions of an offline-enabled digital ruble. Go to Source Powered by WPeMatico
Huobi Global now supports ruble deposits and withdrawals
Huobi partnered with fiat and crypto payment processor AdvCash to unlock deposits and withdrawals in the Russian ruble. Go to Source Powered by WPeMatico
Russian Oil Giant Provides Excess Gas to Operations Powering Bitcoin Mining Devices
The firm Gazpromneft, an oil subsidiary of the Russian natural gas and global energy company Gazprom, is giving bitcoin mining operations the chance to power operations by using excess gas for electricity. The Russian firm has allowed a small mining operation to benefit from the excess gas by mining bitcoin on-site at the oil field. … Read more
Russia’s Central Bank tries to stem the tide of rubles leaving bank accounts
With the declared intent of reducing risk, the moves look to cut new investors off from opportunities to get out of the ruble. Go to Source Powered by WPeMatico
Digital Currencies Could Outshine SWIFT System, Says Central Bank of Russia’s Deputy Governor
The first deputy governor of the Central Bank of Russia (CBR) has been vocal in a recent online meeting, reported by Russia Today (RT), about the topic of digital currencies challenging the SWIFT international payments system and make it redundant. Digital Currencies Could Challenge SWIFT System, Even Replace It According to Olga Skorobogatova, the development … Read more
The pandemic year ends with a tokenized carbon cap-and-trade solution
Lowering CO2 emissions and lessening carbon-intensive approaches are the essential goals in global efforts to fight climate change. Go to Source Powered by WPeMatico
