Russia gets Bitcoin hotline

Moscow-based outfit Blockchain Fund has opened a hotline to support investors worried about the fate of their Bitcoin holdings. “Some people are in a panic, they don’t understand what is happening,” Elena Pikhovkina, a psychologist working on the service, told Life.ru. She added that initially the market was buoyant but that the recent downtown has caused investor concern.

The authorities last week arrested a number of scientists working at the Federal Nuclear Centre in Sarov for allegedly mining cryptocurrencies at the site.

"There has been an unsanctioned attempt to use computer facilities for private purposes including so-called mining,” the centre conceded in a press statement.

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