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Russia’s Biggest Bank is Buying 5000 Blockchain ATMs That Can Mine Crypto

Russia’s biggest bank is spending more than $100 million on 5,000 blockchain enabled ATMs … that are capable of mining cryptocurrency. Russia’s largest bank, Sberbank, has called for tenders to provide 4,917 ATMs with a built-in graphic card capable of supporting “blockchain operations”.Cointelegraph spoke with two experts who said the most obvious use case for […]

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Russia Cracks Down on ‘Anonymous Darknet Networks’ Like TON and Tor

Russia’s communications watchdog is calling on contractors to help it block or disrupt anonymous networks including The Onion Router and Telegram Open Network. The Russian communications watchdog has launched an offensive on censorship resistant platforms, including the Telegram Open Network (TON) and privacy browser Tor.Russia’s Federal Service for Supervision of Communications, Information Technology and Mass […]

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Employee Fined For Mining BTC on Nuclear Research Center Supercomputer

An employee at a nuclear research center was fined $7000 for illegally mining Bitcoin on a supercomputer. An employee at a nuclear research center in the closed town of Sarov in Russia was fined for illegally mining Bitcoin (BTC).Convicted to pay $7,000 fineAccording to a Sept. 27 article by Russian news outlet Meduza, a man […]