Sberbank, Russia’s largest bank, has issued the country’s first-ever crypto-backed loan. The bank says it issued the loan to Intelion Data, one of Russia’s biggest Bitcoin miners. It did not disclose ...

Sberbank has issued Russia’s first crypto-backed loan in a pilot deal with bitcoin miner Intelion Data. Sberbank has issued Russia’s first loan backed by crypto, extending financing to Intelion Data, ...

The Russian crypto mining sector is continuing to grow, new data reveals, with the country's two biggest firms – BitRiver and Intelion – making $200 million in revenue in FY2024. The data was compiled ...

Intelion Data Systems Group of Companies is investing over 12 billion rubles in infrastructure development and the purchase of server equipment for AI computing as part of a project to build a data ...

Intelion North Company (owned by Intelion Data Systems) in the status of a resident of the Arctic zone of the Russian Federation (AZRF) will build a computing data center. This is stated in the ...

Sberbank, Russia’s second-largest bank, issued the country's first bitcoin-backed loan to one of its largest bitcoin miners, calling the transaction a pilot and suggesting it was keen to issue more in ...