This Russian-designed token wants to tackle crypto-volatility

In this Blockchain era where technology promises to digitize virtually any type of assets, the emergence of gold-backed tokens comes as no surprise. The concept is not new, but we are now witnessing its first applications. One of these projects is propelled by Goldmint, a company with Russian roots now preparing for an ICO and the […]

Russian government turns to Ethereum Foundation for blockchain plans

Last week VEB, a major state-owned Russian development bank, signed a partnership agreement with the Ethereum Foundation to develop and implement Blockchain-based government applications. The Foundation’s founder Vitalik Buterin and VEB President Sergey Gorokov Chairman both took part in the signing ceremony, which was held during a Blockchain conference in Kazan, the capital of the innovation-friendly republic of Tatarstan. See […]

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Uber to merge Russian operations with Yandex

Uber has announced it will scale back operations in Russia, creating a new transport company with local search giant Yandex. Yandex.Taxi and Uber driver-side apps will be merged into one service, but both apps will remain available to customers in Russia. The new company will also take over operations in Azerbaijan, Belarus, and Kazakhstan. See […]

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Yandex unveils self-driving car concept for taxi service

Russian search giant Yandex unveiled a prototype self-driving car on Tuesday, which it plans to incorporate into its taxi service in the future. A heavily modified Toyota Prius V is the car of choice for Yandex. It has outfitted the prototype with sensors, cameras, and artificial intelligence. Even though the prototype has not been on […]

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Major Russian banks attacked by powerful IoT devices-focused botnet

Five major Russian banks were targeted late last week by a botnet comprised of 24,000 computer and IoT devices. The attacks came from devices in 30 countries, including the United States, India, and Taiwan. The attacks came in the form of distributed-denial-of-service (DDoS), which sends millions of requests to servers, taking them offline. From there, […]

India inks tech-leveraging smart city pact with Russia

India signed a deal with Russia over the cooperation of smart city initiatives and the use of IT technology from Russian companies. As reported by the Times of India, Russia and India signed the Memorandum of Understanding against the backdrop of bilateral talks between the two countries. The MOU was signed in Goa, where Russian […]

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Yandex enters the self-driving market with a shuttle bus

Russian search giant Yandex has unveiled plans to build a self-driving shuttle bus, in cooperation with Daimler, Russian truck manufacturer Kamaz, and government-backed research firm NAMI. It is Yandex’s first foray into the world of self-driving, following search rivals Google and Baidu. Instead of building all of the software and services, Yandex plans to work […]

Are self-driving cars the next crime frontier?

While autonomous vehicle enthusiasts gush about the technology’s positive potential, Russian experts are raising fears that self-driving cars will be used to commit crime. Russia Beyond the Headlines recently examined worries from Russia that self-driving cars have great potential for mayhem and murder when controlled by nefarious actors. Private sector firms such as Russia’s Cognitive Technologies […]

The spy who hacked me: Evildoers love IoT’s weak security

With the explosive growth of the Internet of Things (IoT), both spies and hackers are feasting on a new universe of poorly secured technology. Recode quotes a top spy from the US National Security Agency who spoke with surprising candor about IoT’s security vulnerabilities. These vulnerabilities stem from the increasing complexity of the technology which, […]