Russia

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ProtonMail is no Longer Accessible in Russia

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Politics and technology hardly ever play nice together. As the technology industry continues to become more prevalent in people’s daily lives, politicians will continue to oppose this innovation at every possible turn.  In Russia, the government has forced internet service providers to effectively block ProtonMail. This is the direct result of several bomb threats made … Read more

P2P Markets: Russian Localbitcoins Trade Outpaces Venezuela

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During the week of March 2, roughly 14,365 BTC changed hands via peer-to-peer (P2P) exchange Localbitcoins, equating to approximately $51.51 million worth of trade. Of that, 3,593 was BTC traded via the Russian markets, 83 percent more volume than was produced by Localbitcoins’ second-largest market, Venezuela. Also Read: Turkish Real Estate Agency Sells 9 Houses … Read more

1.3 Million Leaked Transactions Link Major Banks to $8.8 Billion Money Laundering Scheme

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A new set of reports by the Organized Crime and Corruption Reporting Project, compiled from over 1.3 million leaked transactions from 238,000 companies, have linked many major banks to a scheme to channel billions of dollars out of Russia. The Troika Laundromat is unique in that “it was created by a prestigious financial institution.” Also … Read more

Kaspersky: Bitcoin Needs Less Government Control and More Collaboration

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Russian cybersecurity expert Eugene Kaspersky has said cryptocurrencies can be a success, but only if governments stop trying to control them or alternatively when all countries unite under a single global government. However, the billionaire does not believe Bitcoin will replace the existing financial system despite the currency’s “great” qualities. Also read: Startup Company Sets … Read more