Cryptocurrency Analysis and News Portal
The Russian Ministry of Finance has drawn up a new draft bill that echoes a previous attempt to outlaw cryptocurrency use and, if passed, would have a major impact on the nation’s crypto miners. The document, sent by the ministry to other government branches for feedback, states that miners located in
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Russia’s new blockchain-based voting system needs more work before it can be used in nationwide elections, according to the nation’s Central Election Commission. While recent user tests were promising, the commission concluded improvements are still needed regarding how voters are identified, Russian newspaper Kommersant reported Tuesday. The e-voting system is
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Russian communications giant Rostelecom has finally published details about its blockchain-based voting system that will be deployed for by-elections in September. There will be two blockchain voting pilots in different regions of the country next month. One will be run by Rostelecom, the state-owned major telecom provider, and the other by
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Expobank, a commercial bank in Russia, has reportedly issued the country’s first ever loan backed by cryptocurrency.According to an Aug. 19 report by local news agency Kommersant, Expobank provided the credit through issuing an individual bank loan powered by Waves (WAVES) tokens.Waves CEO and founder Alexander Ivanov confirmed the news
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Cryptographers call out Craig Wright’s latest claims, blockchain business deposits are growing at Signature and Carlos Ghosn’s smugglers were paid in crypto. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CryptoX’s newsletters
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Enterprise blockchain solutions in Russia have to get their cryptographic elements certification with the FSB, the counter-espionage agencyThe process can take several years to complete and up to $100,000Some foreign-developed blockchains can’t satisfy the requirement without a forkRussian-made systems might end up isolated from the global market due to distrust
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Jan Marsalek, the former chief operations officer of Wirecard who went missing after his supposed trip to the Philippines last month to chase the missing 2 billion Euro in the company’s books, has been located in Belarus. Marsalek reportedly entered the Philippines via Manila before flying to Cebu City and then
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From June 25 to July 1, the Russian government held a public vote with the goal of finding out whether the country’s constitution should be amended. Part of the vote was held on blockchain to “ensure security and transparency,” according to the government, making it the country’s most extensive DLT
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A hacker has attempted to disrupt a blockchain voting system currently being used to help decide constitutional changes in the Russian Federation. According to Russian news agency TASS, head of the Moscow government’s IT technologies department Artem Kostyrko said an observation node on the blockchain had been targeted, but the system
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Russia’s blockchain-based voting system for the constitutional amendments has reportedly been attacked via an election observer’s node. As reported by state-owned news agency TASS, the attack occurred on June 27 around 8 PM CET. A government of Moscow representative told TASS that the attack did not cause a system malfunction, meaning
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