Russia


Markets

Binance CEO: 'Russia Is Our Key Market'

Fans mobbed Binance's CEO like a rock star on his recent visit to Moscow. The warm feelings are mutual, with a big Russian expansion in the works.

Binance CEO Changpeng Zhao. (Credit: Binance)

Markets

Final Russian Nuclear Scientist Sentenced Over Illicit Crypto Mining

The last of three Russian scientists caught illegally mining bitcoin at a top-secret nuclear lab has been given a prison sentence.

nuclear towers

Markets

Russian Central Bank Chief: 'No Obvious Need' for National Cryptocurrency

Russia's central bank sees no strong reason to launch a national cryptocurrency that would override the potential risks, according to its chief.

Elvira Nabiullina, Russia central bank chief. (Anton Veselov/Shutterstock)

Markets

Russian Nuclear Scientist Gets $7,000 Fine for Mining Bitcoin at Work

The engineer at a top-secret nuclear lab, along with two colleagues, had accessed the plant's supercomputer to mine bitcoin.

shutterstock_664690474

Markets

WATCH: Inside a Siberian Crypto Mining Complex

CoinDesk On Location goes deep inside a Siberian crypto mining factory situated near a remote hydroelectric plant.

Screenshot 2019-09-25 09.05.34

Markets

For Desperate Mt Gox Victims, Long-Shot Bitcoin Deal Beats Endless Wait

Some Mt. Gox creditors have signed on to a law firm’s unorthodox proposal to recover their bitcoin, but many are skeptical about its motives. 

Alexander Vinnik

Markets

Russia's Largest Bank Buys $15 Million in Debt Using Hyperledger Blockchain

Sberbank, Russia's largest bank, bought about $15 million worth of accounts receivable from commodity giant Trafigura using a Hyperledger blockchain.

Sberbank

Markets

Bitcoin Mining Farms Are Flourishing on the Ruins of Soviet Industry in Siberia

Favorable energy prices and a naturally cold climate are turning Siberia into an international hub for bitcoin miners.

Ilya Bruman, CEO of Minery. (Photo by Anna Baydakova for CoinDesk)

Markets

Bitcoin Miners Are Heating Homes Free of Charge in Frigid Siberia

Hotmine makes a bitcoin mining rig that doubles as a home heating appliance. It's targeting places where winter is brutally cold.

ice, cave

Markets

Moscow Blockchain Voting System 'Completely Insecure,' Says Researcher

A blockchain system that will soon be used to allow Moscow residents to vote in elections is currently easy to hack, according to a researcher.

Moscow and state duma