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Sberbank Patents Blockchain Repo Solution in a Purported First for Russia Banks

News Russia’s largest bank, the state-owned Sberbank, has pioneered a blockchain solution for repurchase agreements — also known as repo. According to a Sberbank announcement on Nov. 19, the bank has been awarded a patent for the solution, which uses smart contract technology to automate repo tran..

BBC: New Files Allegedly Connect $450M in Lost Bitcoin to Russian Intelligence

News $450 million worth of lost cryptocurrency from the now-defunct cryptocurrency exchange WEX may have been transferred to a fund belonging to Russian intelligence agency the Federal Security Bureau (FSB), according to an investigation by the BBC’s Russian Service published on Nov. 15. The BBC’s..

BRICS Nations Discuss Creation of New Crypto For Unified Payment System

News According to one official in attendance, members of international association BRICS discussed the creation of a new cryptocurrency at a recent summit. On Nov. 14, Russian financial news outlet RBC reported that the director-general of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev ..

Russian Crypto Plot, China Mining U-Turn, Lottery Winner’s BTC Gamble: Hodler’s Digest, Nov. 4–10

Hodler’s Digest Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week..

Scale of OneCoin Scam Unravels Amid Ongoing Court Hearings

Analysis With each passing day, the financial nitty-gritty associated with the cryptocurrency-related OneCoin Ponzi scheme continues to become of increasing interest to members of the global crypto community. The U.S. government’s previous estimate of the scam that raked in a total of $4 billion ..

Russia: New Law Would Let Police Confiscate Bitcoin From 2021

News Russia is planning on creating legal statutes allowing the government to achieve the impossible: confiscation of Bitcoin (BTC). As local financial news outlet RBC reported on Nov. 7 citing sources familiar with the matter, Russia’s interior ministry will work with various state organs to dra..

Binance Quietly Launches Ruble Trading for ‘Top-10 Market’ Russia

News Major global crypto exchange Binance has silently launched Russian ruble trading on Oct. 30. Binance Ruble trading goes live according to the planLess than two weeks after announcing Binance’s plans to launch fiat trading starting with Russian ruble, Binance CEO Changpeng Zhao (CZ) revealed t..

Russia: Government Official Expects To Mine 20% Of The World’s Bitcoin

News A Bitcoin mining company owned by Russia’s internet ombudsman is planning to open a new facility and corner 20% of the international market. Internet ombudsman targets BTCAs local financial news outlet RBC reported on Oct. 29, Russian Mining Company (RMC) plans to repurpose a metal factory in..

Final Russian Nuclear Scientist Jailed For Mining Bitcoin At Work

News A Russian scientist and former employee at the nation’s premier nuclear research facility was jailed on Oct. 24, for his part in a scheme to secretly mine Bitcoin using the facility’s supercomputers. Stealing energy and computing power from your employerAccording to an Oct. 25 report by RT, ..

Report: Telegram’s TON Investors Vote Against a Refund Amid SEC Probe

News Investors in the Telegram Open Network (TON) and $1.7 billion Gram token sale have voted against the return of their funds, Forbes Russia reported on Oct. 23. Two sources close to the Telegram team told reporters that a majority vote — with the inclusion of investors in both rounds of the off..

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