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Bomb Threats Demanding Bitcoin Force Evacuations Across Russia

Someone has been sending bomb threats across Russia, demanding $870,000 worth of bitcoin supposedly stolen from the defunct cryptocurrency exchange WEX.For almost a month, anonymous blackmailers have been threatening to blow up courts, schools, shopping malls, transportation hubs and a television station unless someone sends “120 bitcoin stolen from the

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Russia Is Unhappy About Greece Extraditing Alleged Money Launderer Vinnik to France

Alexander Vinnik, the alleged former operator of now-defunct crypto exchange BTC-e, will be extradited to France, according to a new decision from Greece.Following years of disagreement on what jurisdiction should care about the alleged Bitcoin (BTC) laundering suspect, the Ministry of Justice, Transparency and Human Rights has reportedly decided

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Crypto Remains Unregulated in Russia — Lots of Talk but No Action

At the end of November, news surfaced that Russian cryptocurrency users, who have been operating in a regulatory gray zone, could soon be at risk as the nation’s financial authorities reportedly join forces to outlaw the use of digital assets as a payment instrument. Shortly after, the country’s interior ministry confirmed

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Aluminum Plant in Russia Turned into Huge Bitcoin Mining Site ‘BitRiver’

In the cold and dry region of eastern Russia, a former Aluminum refining plant has transformed into one of the largest Bitcoin(BTC)trade mining sites in Russia.The promising features of BitRiver have already started attracting many crypto stakeholders. Japan, China and the United States have already signed up for renting the

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Russia Contemplates Law to Allow Cryptocurrency Confiscation by Government Agencies

According to Russian media publication RBC, Russia has started working on changing the law that currently grants permission to the law enforcement agencies in confiscating and seizing digital currencies such as Bitcoin(BTC)trade.The Ministry of Internal Affairs of Russia have set the agenda to create a structure of legal mechanism for

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Former IBM, Google Russia Exec Joins Blockchain Firm Credits as CBO

Former Google Russia chief technology officer Jennifer Trelewicz has joined blockchain platform Credits (CS) as its new chief business officer (CBO).According to an official announcement published on Oct. 11, Trelewicz’s first experience working with blockchain was during her time as the CEO of Russian technology startup S7 TechLab. In the

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