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Russia’s power grid almost gets fried by crypto miners

Okay, so picture this: you're trying to watch Netflix, and suddenly the lights flicker because your neighbor is running a crypto mine in their...

Deribit says “Nyet” to Russia after new EU sanctions

Looks like another crypto platform is waving goodbye to Russia, as Deribit, a crypto derivatives exchange, is pulling out of the Russian market to...

Russia imposes 6-year ban on crypto mining

Starting January 2025, Russia is tightening its grip on cryptocurrency mining with a six-year ban across ten regions. This move wants to balance energy...

New cold war between U.S. and Russia, but now with Bitcoin?

The race for Bitcoin dominance is heating up, with the U.S. and Russia positioning themselves as key players in this field. With Trump’s recent push...

Russia proposes 15% tax on crypto income

Russia is proposing a new tax framework that would impose a 15% tax on income from crypto trading and mining. This move comes as...

China, Russia, and Iran push for crypto payments to ditch the dollar

At the sixteenth annual gathering in Kazan, Russia, leaders from China, Russia, and Iran are all on board with using crypto to help reduce...

Putin declares Russia as a bitcoin mining powerhouse

At the Eastern Economic Forum, President Vladimir Putin announced that Russia established itself as a leading nation in bitcoin mining. He attributed this growth...

Russian authorities seized 238 rigs, the crackdown on illegal miners continues

Authorities in Russia ramped up their efforts to combat illegal crypto mining, seizing 238 mining rigs in a region that has become a key...

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