News list for " Russia Plus"

European Union Agency for Law Enforcement Cooperation's Reward for Russian Crypto Ransomware Gang Is a Fraud

A so-called $50,000 reward from the European Union Agency for Law Enforcement Cooperation (Europol) for tracking down the administrators of the Russian ransomware gang Qilin was actually just a Telegram scam. The false bounty news deceived several cyber security news outlets into thinking that Europol would pay a reward to anyone who could provide information on two Qilin administrators, Haise and XORacle. The two men are said to be responsible for "coordinating affiliated organizations and over...

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2025-08-22 00:54:41
Sales of crypto miners in Russia have tripled, and regulatory attitudes have shifted towards laxity

According to Cryptonews, the demand for crypto miners and related services in Russia tripled year-on-year in the fourth quarter of 2024. Sergey Bezdelov, president of the Industrial Mining Association, said that this is due to the new regulations allowing individuals and businesses to legally mine within a certain energy consumption range. The new regulations give mining legal status and require miners over 6,000 kWh to register, but they are still in looser regulatory environments. The Russian ...

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2025-01-13 01:51:33
Putin: Digital currencies hold great promise, and Russia must seize the opportunity

On August 8, Russian President Vladimir Putin signed a law legalizing cryptocurrency mining in Russia today. It is reported that only registered Russian legal entities and individual entrepreneurs have the right to mine. The signed law introduces new concepts, including digital currency mining, mining pools, mining infrastructure operators, address identifiers, and individuals who organize mining pool activities.

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2024-08-08 14:54:50
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