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Russian Court Sends 3 Crypto Robbers to Strict-Regime Prison

Russian Court Sends 3 Crypto Robbers to Strict-Regime PrisonThree Russians are going to spend time in high-security prison for stealing over a million U.S. dollars’ worth of cryptocurrency from another man. In addition, the court has also ordered them to fully compensate the victim for the damages, prosecutors announced. Robbers Get Prison Sentence for Cryptocurrency Theft in Russia A court in the Russian […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

State-backed Crypto Mining Farm under Construction in Russia’s Buryatia

State-backed Crypto Mining Farm under Construction in Russia’s BuryatiaA new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is already underway, carried out by a subsidiary of Russia’s largest mining operator, Bitriver. Bitriver Building Large Data Center for Cryptocurrency Mining in Buryatia, Siberia A 100-megawatt […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Report: Compass to Sell $30 Million in Crypto Mining Equipment Located in Russia

Report: Compass to Sell  Million in Crypto Mining Equipment Located in RussiaThe U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S. government sanctioning the bitcoin mining operation Bitriver and ten subsidiaries. Compass is hoping to offload 12 megawatts of capacity, according to a company executive. Compass […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Bitriver to Sell Tokens Backed by 100 Megawatts of Low-Carbon Siberian Mining Power

Bitriver to Sell Tokens Backed by 100 Megawatts of Low-Carbon Siberian Mining PowerOn April 12, the international provider of colocation services for low-carbon cryptocurrency mining Bitriver announced it is launching a pre-sale of tokens backed by 100 megawatts (MW) of mining power in Siberia. The ERC20 tokens called “bitriver token (BTR)” will represent a single watt-hour (Wh) of Bitriver’s power in Bratsk. A Low-Carbon Crypto Mining Token […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse