Russia

Russia's Largest Bank, Sber, Confirms Compatibility With Ethereum Blockchain

Sber, the Russian largest bank pushes for web3 adoption as it becomes compatible with the Ethereum Blockchain; Integrates with MetaMask.

China Owns $3.9B Bitcoin Worth Despite Its Anti-Crypto Stance

The Chinese government has been known for its anti-crypto stance and clampdowns. However, it owns $6B worth of cryptocurrencies, including $3.9 billion worth of Bitcoin, $1.2 billion worth of Ethereum, and other cryptos.

Russia’s Bitcoin Mining Revenue Grew 18 Times Between 2017 And 2021

Crypto mining company Intelion Data Systems reported that the revenue of Russian Bitcoin miners has grown at an impressive pace between 2017 and 2021.

EU’s Draft Law Urges Member Nations To Be Ready To Halt Crypto Mining

The European Union seeks to curb the energy consumed by mining operations with its latest draft law. 

Crypto Exchanges Continue Operating In Russia Despite EU’s Sanctions

Although the EU demanded crypto platforms to suspend their services to Russia, many exchanges have not imposed any restrictions on their Russian users.

EU Imposes Complete Sanction On Crypto Services To Russia

The EU imposed restrictions on all crypto-related services for Russia-based investors as part of its eighth round of sanctions against Russia.

Russia Plans To Sell Electricity To Kazakhstan Miners

‍Russian energy generation company, Inter RAO, plans to sell electricity to mining farms operating in Kazakhstan under the contract signed with Kazakh crypto mining enterprises.

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EU Imposes Complete Sanction On Crypto Services To Russia

The EU imposed restrictions on all crypto-related services for Russia-based investors as part of its eighth round of sanctions against Russia.

Russia Plans To Sell Electricity To Kazakhstan Miners

‍Russian energy generation company, Inter RAO, plans to sell electricity to mining farms operating in Kazakhstan under the contract signed with Kazakh crypto mining enterprises.