Banks DOWN in Moscow - Collapse of Russia's Digital Economy in Real-time!

Banks DOWN in Moscow - Collapse of Russia's Digital Economy in Real-time!

2026-04-03 | UPDATES #161 | Today in Russia, the digital money stopped moving. On Friday morning, customers of Sberbank — Russia’s biggest bank — began reporting failures in payments, transfers, app access, QR-code transactions, and even ATM withdrawals. Other major lenders, including VTB and T-Bank, were also hit by outage reports. Shops and petrol stations switched to cash-only. Moscow metro turnstiles opened for free because payment systems failed. Even a zoo in Belgorod told visitors to bring cash. In a metropolitan area of roughly 22 million people, that is not a glitch. That is a stress test of the everyday state.The official line was narrow and evasive. Russia’s National Payment Card System — the NSPK, the backbone behind the fast-payments network — said there had been a “technical failure at one of the banks” and insisted people’s funds were safe. Sberbank later said the problem had been resolved, without saying what caused it. At the time of reporting, there was no public proof of a cyberattack, and no official evidence of a systemic bank run or immediate insolvency event. What we do have is a government and banking system telling Russians, once again, not to panic while the digital plumbing collapses in public.----------SUPPORT THE CHANNEL:https://www.buymeacoffee.com/siliconcurtainhttps://www.patreon.com/siliconcurtainhttps://www.gofundme.com/f/scaling-up-campaign-to-fight-authoritarian-disinformation----------A REQUEST FOR HELP!I'm heading back to Kyiv next month, to film, do research and conduct interviews. The logistics and need for equipment and clothing are a little higher than for my previous trips. It will be cold, and may be dark also. If you can, please assist to ensure I can make this trip a success. My commitment to the audience of the channel, will be to bring back compelling interviews conducted in Ukraine, and to use the experience to improve the quality of the channel, it's insights and impact. Let Ukraine and democracy prevail! https://buymeacoffee.com/siliconcurtain/extrashttps://www.patreon.com/siliconcurtainhttps://www.gofundme.com/f/scaling-up-campaign-to-fight-authoritarian-disinformationNONE OF THIS CAN HAPPEN WITHOUT YOU!So what's next? We're going to Kyiv in April 2026 to film on the ground, and will record interviews with some huge guests. We'll be creating opportunities for new interviews, and to connect you with the reality of a European city under escalating winter attack, from an imperialist, genocidal power. PLEASE HELP ME ME TO GROW SILICON CURTAINWe are planning our events for 2026, and to do more and have a greater impact. After achieving more than 12 events in 2025, we will aim to double that! 24 events and interviews on the ground in Ukraine, to push back against weaponized information, toxic propaganda and corrosive disinformation. Please help us make it happen!----------SOURCES: Reuters, April 3 — Moscow shoppers and travellers hit by payment system problem. The Moscow Times, April 3 — Mass outage hits Sberbank and other major Russian lenders. The Kyiv Independent, April 3 — Russia’s banks face major service outages amid internet crackdown. Reuters, March 31 — Russia goes after VPNs as “great crackdown” gathers pace. AP, March 14 / opened result — Moscow struggles with cellphone internet outages. The Guardian, March 31 — Russia slowly trying to splinter its internet from rest of world, analysts say. Chatham House, March 26 — Moscow internet blackouts: the Kremlin tightens its grip on Russia’s digital space. Apple Support, updated April 1 — Billing for Apple subscriptions and digital purchases in Russia. Meduza, April 1 — Russia blocks Apple ID mobile top-ups amid App Store dispute. The Moscow Times, April 1 — Russians lose access to Apple ID mobile payments. ----------

Episoder(1454)

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