Russia

Russia’s Biggest Bank Considers Launching its Own Stablecoin

Sberbank, a state-owned company and the largest bank in Russia, is considering the possibility of issuing its own token, according to its key executives. Sergey Popov, Director of the transaction business at Sberbank, says that Russia’s banking giant is thinking of issuing its own stablecoin that could be pegged 1:1 to the Russian ruble, local …

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Russian Government Bans Anonymous Wallet Deposits

The Russian Federation has banned anonymous deposits to online wallets in a move that will affect 10 million users across the country. According to lawmakers, this initiative is supposed to curb illegal activity, such as the financing of terrorism and the illegal drug trade. 10M anonymous wallets are affected Online wallets through services such as …

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Russian Interest in Paxful’s P2P Platform Surges 350%

Data from Bitcoin (BTC) marketplace Paxful shows a huge surge of interest in cryptocurrency peer-to-peer trading in Russia, with 350% growth on a year-over-year (YoY) basis. According to the study, from the period of May 2019 to May 2020, Paxful is now seeing an average monthly trading volume of $4M in Russia. The company says …

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Hackers broke into real news sites to plant fake stories

Enlarge / The propagandists have created and spread disinformation since at least March 2017, with a focus on undermining NATO and the US troops in Poland and the Baltics. Petras Malukas | Getty Images Over the past few years, online disinformation has taken evolutionary leaps forward, with the Internet Research Agency pumping out artificial outrage …

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Report finds many US election officials vulnerable to phishing attacks

Michael Robinson Chavez/The Washington Post via Getty Images The security risks around the 2020 presidential election aren’t limited to direct attacks on the voting systems. Research firm Area 1 Security has published a report (via Wall Street Journal) warning that many election officials are using email systems that leave them vulnerable to phishing attacks and …

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Russia’s GRU hackers hit US government and energy targets

Enlarge / The FBI notified organizations in May that Russia’s elite hackers had targeted them. The campaign likely remains ongoing. Natalia Koleskinova | Getty Images Russia’s GRU military intelligence agency has carried out many of the most aggressive acts of hacking in history: destructive worms, blackouts, and—closest to home for Americans—a broad hacking-and-leaking operation designed …

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New Russian Law Bans Bitcoin Payments for Goods and Services

Tether Freezes Millions of Dollars USDT in 40 Addresses Amid Regulatory Pressure Stablecoin issuer Tether has blacklisted 40 Ethereum addresses holding millions of dollars of the tether cryptocurrency, 24 of which were banned this year. This finding follows the Centre Consortium taking a similar action due to a request by law enforcement. … read more. …

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Wirecard Exec Reportedly Used Bitcoin to Move Funds to Russia

Wirecard chief operating officer Jan Marsalek reportedly used Bitcoin (BTC) to move funds from Dubai to Russia. Russian media outlet Kommersant reported on July 20 that Marsalek is hiding in Russia with funds that he was able to transfer there with the cryptocurrency. Per the report, Marsalek is currently in a private house near Moscow …

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142 Million Guests: Hackers Attempt to Sell MGM Grand Data Dump for Cryptocurrency

Bitcoin.com Wallet Launches New Portfolio Breakdown and Stablecoin Swap Features With over 11 Million Bitcoin.com Wallets created, we’re building new features our users need most in order to enjoy the best possible cryptocurrency experience. Our wallet’s latest features now provide seamless swaps between bitcoin (BTC), bitcoin cash (BCH), and the … read more. Renters Threaten …

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Report Cuts China’s Bitcoin Mining Capacity to 50% of World Total, Raises US’ to 14%

700,000 Expedia Hotels Can Now Be Paid With Cryptocurrencies via Travala More than 700,000 Expedia Group hotels and accommodations are now available via crypto-friendly travel booking platform Travala. Bookings can be paid with more than 30 cryptocurrencies, including bitcoin. Despite covid-19, Travala saw a 170% increase in booking revenue from its … read more. Bitcoin.com …

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