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Tag: Russia

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Russia’s A7A5 Stablecoin Moved $100 Billion Before Global Crackdown: Elliptic
A little token that few people had heard of a year ago has become a big mover of money. Reports say the A7A5 stablecoin, launched as a rouble-linked coin, has processed the equivalent of $100 billion in transfers since it… Read full article
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Why the Russia-Linked Stablecoin A7A5 Is in Trouble Now
Regulators and blockchain investigators have stepped up action against A7A5, a Russia-linked stablecoin designed to move money around sanctions. Trading in similar rouble-backed tokens slowed as exchanges tightened checks, while major dollar stablecoins like USDT continued to trade normally. All… Read full article
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Russia-linked A7A5 stablecoin processed $100B before sanctions hit: Elliptic
Elliptic says the ruble-backed A7A5 token functioned as a bridge into USDT markets before sanctions and exchange controls curbed its growth. Read full article
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Illegal Crypto Mining Costs Russia Hundreds of Millions, Lawmakers Say
Lawmakers are now warning that unauthorized cryptocurrency mining is quietly siphoning off electricity, destabilizing regional grids, and leaving the state with mounting financial losses.
Key Takeaways

Unauthorized crypto mining is draining Russia’s power grid and public finances
Losses are driven… Read full article
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Crypto Glossary
Wei
The smallest denomination of ether. 1 Ether = 1000000000000000000 Wei (1018…
ROI
ROI means Return On Investment, so the % you made on top of the initial inv…
Stable coin
A crypto-currency with extremely low volatility that can be used to trade a…
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