SEC Charges 2 Firms and 4 Individuals in Crypto Pump-and-Dump Scheme


The U.S. Securities and Exchange Commission (SEC) has taken action against two firms and four individuals allegedly perpetrating a crypto pump-and-dump scheme. “Although this case involves crypto assets, it bears the hallmarks of a classic pump and dump scheme,” said the SEC....

Bill Aims to Limit Crypto Mining in Kazakhstan Only to Registered Companies


New legislation proposed in the parliament of Kazakhstan will allow only authorized miners to mint digital currency, if adopted. The draft has been designed to comprehensively regulate the industry and reduce what its sponsors label as uncontrolled consumption of electricity in the sector....

Russia to Supply Electricity to Kazakhstan’s Cryptocurrency Miners


Russia is preparing to provide Kazakhstan with additional energy needed to operate crypto mining farms in the Central Asian nation. New arrangements will allow Kazakhstan’s miners to buy electricity directly from the Russian power generation and distribution giant Inter RAO. Miners...

Solana Price Plunges as Blockchain Suffers Outage Again


Solana's price has taken a hit amid another major outage that has grinded the network activity to a halt. Crypto pundit and host of NFT Alpha show, Nick Valdez first brought the development to public attention on Twitter after a series of speculative mentions. A few hours later, the official...

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