Russia

Developers have created AI-powered electricity meters that analyse consumer behavior, enabling power companies to detect and address energy theft effectively.

President Putin has called Bitcoin "unstoppable" and expressed confidence in crypto's growth, regardless of the US dollar's future. Russia is advancing digital asset adoption with a new crypto law, VAT exemptions for mining, and exploring crypto payments.

Stanislav Moiseev, founder of the Hydra darknet market, and 15 accomplices have been sentenced to prison for operating the illicit platform and crypto mixer. Hydra facilitated over $5 billion in cryptocurrency transactions before its closure.

Russia’s bid to lead in AI faces critical power shortages. A partial crypto mining ban has failed to meet energy demands, leaving its AI ambitions in jeopardy. Can these hurdles be overcome, or will its goals falter?

Britain is ramping up its cyber defences in response to the growing threat of AI-driven attacks from Russia, with a new AI security lab and £8.22 million investment. McFadden emphasised the urgency of protecting digital systems, as Russia’s cyberattacks continue to target Ukraine and its supporters.

Russia is set to ban crypto mining in energy-stressed regions, including occupied Ukrainian territories, starting December 2024, due to power shortages. The government is also revising crypto regulations, with new tax laws and plans for national crypto exchanges.

The BRICS bloc has just announced the shocking announcement that it would be backing down on its fights against Dollar.

Google would have to find more money that exists on Earth as Russia is seeking an astronomical sum from Google

Signed by Putin, Russia's new legislation imposes stricter controls on cryptocurrency mining, permitting only registered entities to operate and enforcing regional restrictions. It allows local authorities to temporarily shut down mining rigs during power shortages and strengthens government monitoring to combat money laundering and terrorist financing.

During the summit, Putin president Putin shocked the world by saying that "the middle East is on the brink of a full-scale war after a sharp rise in tension between Israel and Iran."