Russia | ForkLog

ForkLog 21 30.12.2024

Chechnya Threatens to Classify Illegal Miners as Terrorists

Illegal cryptocurrency mining in Chechnya may be equated with terrorist activities, according to Grozny Inform, citing State Duma deputy and advisor to the head of the republic, Adam Delimkhanov. He noted that the region continues to uncover instances of “grey” mining, often involving employees of various structures. “If such cases are identified, which also lead […]

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ForkLog 50 26.12.2024

Russia Unveils Prototype of 50-Qubit Quantum Computer

Scientists from Moscow University and the Russian Quantum Center have developed the country’s first prototype of a 50-qubit quantum computer. It was tested on December 19, according to the MSU website. The prototype is based on single neutral rubidium atoms, which are captured by optical tweezers—focused laser beams. A qubit is encoded in the internal […]

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ForkLog 11 26.12.2024

El Salvador’s President to Discuss Bitcoin with Russian Authorities

El Salvador’s President, Nayib Bukele, is planning a visit to Russia in 2025. One of the key topics for discussion could be cryptocurrencies, reports CCN, citing sources. According to these sources, the dialogue is in its early stages, and its outcome depends on the United States’ stance towards Russia following Donald Trump’s inauguration. Although El […]

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ForkLog 54 25.12.2024

Russia to Monitor Cryptocurrency Exchanges via Drop Accounts

The Bank of Russia, in collaboration with Rosfinmonitoring, is developing a platform to monitor suspicious transactions by individuals and facilitate the exchange of this information among credit institutions. This was revealed to RBC by Bogdan Shablya, head of the Central Bank’s Financial Monitoring and Currency Control Service. The initiative aims to combat the use of […]

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ForkLog 94 24.12.2024

Russian Authorities Arrest S-Group Founders Over $100 Million Fraud

Russian police have dismantled the operations of Sincere Systems Group LTD (S-Group), suspected of defrauding clients of over $100 million under the guise of investments. This was reported by the Ministry of Internal Affairs of Russia. According to case materials, S-Group, established by Ukrainian citizens, has been operating in Russia since 2020, with branches in […]

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ForkLog 41 24.12.2024

Russia Imposes Mining Ban in Several Regions

The Russian government has approved a list of regions and territories where cryptocurrency mining and participation in mining pools will be prohibited from January 1, 2025, to March 15, 2031, as reported by TASS. The restrictions specifically affect Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia, and Chechnya. Additionally, in certain areas of the Irkutsk region, Buryatia, […]

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ForkLog 23 18.12.2024

Russia Conducts First Cross-Border Transactions with Digital Financial Assets and Plans QR Code for CBDC

In 2024, Russia conducted its first cross-border transactions with digital financial assets (DFAs), engaging in operations with Belarus. This was reported to Izvestia by Anatoly Aksakov, head of the State Duma Committee on Financial Markets. According to him, the DFA market is expected to experience a breakthrough next year, particularly in the realm of international […]

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ForkLog 39 17.12.2024

Russia Develops AI Tool to Curb Emotional Trading

Russian developer Seamless has introduced an AI tool designed to prevent traders from making decisions during emotional upheavals, according to «RIA Novosti». The “Neurotrader” monitors the emotional state and stress levels of users during trading, prohibiting the opening of new positions at critical moments. Built on Neiry technologies, the solution enables effective risk management in […]

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ForkLog 29 16.12.2024

Moscow Exchange to Broaden Access to Digital Financial Assets by 2025

The Moscow Exchange’s marketplace, Finuslugi, will offer broad access to the purchase of digital financial assets (DFA) in the first half of 2025, as reported by TASS. According to Igor Alutin, Senior Managing Director of the Moscow Exchange for Retail Business and Electronic Platform Development, the initial DFA issuances have successfully undergone testing, and the […]

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ForkLog 11 16.12.2024

Over 10 Million Russian AI Users at Risk

More than 10 million Russians are at risk of exposing confidential data due to the use of counterfeit neural networks. This statement was made by Sergey Ponomarenko, Director of LLM Products at MTS AI, in a conversation with «RIA Novosti». According to him, fraudsters exploit the difficulty of accessing popular AI models like ChatGPT, Dall-E, […]

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ForkLog 82 11.12.2024

T-Bank Releases 32 Billion Parameter LLM to the Public

T-Bank has made two large language models (LLM), T-Pro and an updated version of T-Lite, publicly accessible. This was reported by Vedomosti, citing a bank representative. The professional version of the neural network boasts 32 billion parameters, while T-Lite has 7 billion. The latter was introduced in July 2024. The number of parameters indicates a […]

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ForkLog 38 09.12.2024

Russian Finance Ministry Urged to Establish Bitcoin Reserve

Anton Tkachev, a State Duma deputy from the New People faction, has approached Russian Finance Minister Anton Siluanov with a proposal to establish a strategic bitcoin reserve, according to a document cited by TASS. Tkachev argues that traditional currency reserves, including yuan, US dollars, and euros, are subject to volatility, sanctions, and inflation, posing a […]

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