U.S Congressman Sounds Off On Cryptocurrency Industry Amid Democratic Hacking Scandal

The recent indictments of 12 Russian intelligence officers by the team of Special Counsel Robert Muller has been dominating headlines. The officers are charged with hacking the computer networks of some staffers on the Hillary Clinton campaign, people involved with the Democratic National Committee, and people involved with the Democratic Congressional Campaign Committee. Deputy Attorney

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Russian Agents Who Hacked DNC Emails Thought Bitcoin Would Keep Them Anonymous

Twelve officers of the Russian military received a charge of money laundering for attempting to use bitcoin to hide their role in influencing the 2016 U.S. presidential election. It all goes back to July 2016 when the Democratic National Committee (DNC) announced it had been hacked by two Russian hacking groups, going by the names

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The Russian Military Is Building Blockchain Research Lab to Combat Hacks

The Russian Ministry of Defense is launching a research laboratory that will explore how blockchain technology can be used to bolster national security by preventing hacks on military infrastructure. Russia’s military technology accelerator, called “ERA,” is overseeing the construction of the lab, which will test if blockchain can be used to detect and prevent cyber

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Bitcoin Poses Danger to U.S. Elections, Researcher Tells Congress

For a significant part of 2017 and even this year, social media platforms have taken a lot of heat over their alleged role in influencing the 2016 U.S. presidential election. And for a period of time on Tuesday during a congressional hearing, cryptocurrencies were put in the same spot — at least with regards to

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The Moscow Stock Exchange is Preparing to Display ICO Market Data

The Moscow Exchange, Russia’s largest stock exchange operator, is reportedly preparing the infrastructure to publish ICO (initial coin offering) information for investors this year. Moscow Exchange (MOEX) chief executive Alexander Afanasiev told Reuters that the bourse is preparing the “basic” infrastructure to enable companies display their tokens alongside other relevant details in a service that

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We’ll Treat Cryptocurrencies with Caution, Says Russian President Putin

The Russian government will continue to tread the subject of cryptocurrencies with caution, newly re-elected president Vladimir Putin said during his annual Q&A hotline session with the Russian public. On Thursday’s live “Direct Line” session with president Putin, a citizen asked if Russia will have its own cryptocurrency and, if so, if it would be

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Blockchain Tech Isn’t Mature Enough Yet, Says Russian Central Bank Official

A senior official at Russia’s central bank has contended that blockchain technology needs to improve in security and scale and is currently not ‘mature’ enough. Bank of Russia deputy governor Olga Skorobogatova was speaking at the annual St. Petersburg International Economic Forum during the weekend when she made several pointed remarks on blockchain technology. According

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Iran and Russia Consider Using Cryptocurrency to Evade US Sanctions: Report

Iran and Russia could turn to cryptocurrency as a solution to evade Western financial sanctions and reduce their dependence on the US dollar. Iran has been struck by a monetary crisis in recent months after its fiat currency, the rial, plunged to historic lows against the US dollar leading up to US president Trump formally

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‎₽750 Million: Russia’s Largest Bank Buys Commercial Bonds on a Blockchain

The investment and corporate banking arm of Sberbank and telecom giant MTS have laid claim to conducting Russia’s first commercial bond transaction using blockchain technology. In an announcement, MTS revealed it had placed commercial bonds worth RUB 750 million (approx. $12 million) on a proprietary blockchain platform provided by the country’s National Settlement Depository powered

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Putin’s Orders: Russia’s ‘Digital Law’ Bill Won’t Legalize Crypto Payments

Russia’s State Duma Committee on State Construction was scheduled to hold the first reading of amendments to the country’s civil code pertaining to digital currency today, but is not expected to make digital currency a legitimate method of payment, according to Izvestia, the news portal of the Ministry of Information Technologies. The bill, which the

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