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Russian Republic Dagestan Battles Underground Crypto Mining Amid Power Outages
26.9.2024
Dagestan, a republic in Russia, is stepping up efforts to tackle illegal cryptocurrency mining due to its impact on the power grid and public safety. Underground mining operations have caused recent infrastructure damage, including a substation fire. Officials call for stricter measures to address...
Germany seizes 47 crypto exchanges tied to ‘underground economy’
20.9.2024
German authorities sent a loud and clear message to criminal users of the exchanges: We found their servers and have your data — see you soon
Jackass Star Steve-O Got Paid $100,000 For Appearing In NFL 2K5
15.7.2024
Jackass and Wildboyz star Steve-O isn’t a big video game player, but he has appeared in a few games over the years. And according to the stunt performer and podcaster, he got paid pretty well to appear in NFL 2K5. Meanwhile, his role in a Tony Hawk game published by Activision wasn’t nearly...
Corruption in Paraguay: Senator States Illegal Bitcoin Mining Farms Pay up to $500,000 to Operate Underground
6.7.2024
Salyn Buzarquis, a Paraguayan senator, blasted the National Power Administration of Paraguay (ANDE), stating that high-ranking officials charged illegal bitcoin mining farms for operating underground. Buzarquis stated these unnamed officials collected up to $500,000 in bribes monthly and called...
China Police Uncover $2B USDT Underground Banking Operation
16.5.2024
Chinese police have uncovered a $1.9 billion USDT underground banking operation going against Chinese crypto bans.
The post China Police Uncover $2B USDT Underground Banking Operation appeared first on Cryptonews
Chinese police bust $1.9B USDT underground banking racket
16.5.2024
The authorities destroyed two underground operations in Fujian and Hunan, and the police also froze 149 million yuan worth $20 million linked to the USDT banking operations
Tether’s USDT Implicated in $2B Illegal Foreign Exchange Scheme in China – Regulation Coming?
15.5.2024
On May 15, a few people suspected in an underground banking operation were arrested by Chinese police in Sichuan province. They have been charged in facilitating illegal foreign currency transactions involving around $2 billion worth of Tether's USDT.
The post Tether’s USDT Implicated in...
Chinese Police Arrest Six Suspects in $300 Million Cryptocurrency Money Laundering Case
13.5.2024
The Public Security Bureau of Panshi City in Jilin Province has cracked down on an illegal operation involving underground banks and virtual currencies.
The post Chinese Police Arrest Six Suspects in $300 Million Cryptocurrency Money Laundering Case appeared first on Cryptonews
The Sonic The Hedgehog Movies And Shows, Ranked From Worst To Best
9.5.2024
The Sonic the Hedgehog franchise has seen significantly more television and film adaptations than most video game series can claim. While it’s having its most widespread moment ever with its current live-action movie franchise, the blue blur has been starring in animated series for over 30 years....
12 Cool Games We Saw At PAX East 2024
28.3.2024
PAX East was in Boston this past week, and while there were some heavy hitters at the show like Baldur’s Gate 3 developer Larian Studios and Square Enix showing off Final Fantasy XIV’s Dawntrail expansion, the show didn’t have a ton of big names.Read more
Blockchain Advocacy Group Says Nigerian Government’s Actions Could Drive Crypto Activities Underground
5.3.2024
Nigerian blockchain lobby group has said the government’s decision to block access to crypto trading like Binance, Kraken and Coinbase will not “help Nigeria build the much-needed trust and confidence in the financial system.” The advocacy group also said the Nigerian...
Where To Find Palworld's Helpful Black Marketeers
6.2.2024
A big part of Palworld is, of course, collecting the Pokémon-like Pals themselves, but sometimes, finding or catching a particular Pal can feel like a real chore. Should you happen to be tired of scouring the world to try and capture a specific Pal, the Black Marketeer might just have what you’re...
Underground Chinese Crypto Market Thriving + More Crypto News
25.1.2024
Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In today’s edition: Underground Crypto Market in China is Thriving Aptos’ On-Chain Data Capabilities Expand with Integration of Dune, Nansen, and More...
Chinese Crypto Market Recorded $86.4B in Raw Transaction Volume in a Year, Eclipsing Hong Kong
25.1.2024
In the face of China’s economic downturn and a sluggish stock market, Chinese investors are turning to the crypto market as a safer alternative to traditional investments, despite the government’s crypto ban. Chinese citizens are finding creative ways to enter the crypto market, fueling...
USDT at the Heart of Pig Butchering Scams Says the UN
16.1.2024
The stablecoin tether has emerged as one of the preferred payment methods for money launderers and fraudsters operating out of Southeast Asia, the findings of a new United Nations study have shown. According to Jeremy Douglas, criminals are choosing to use tether because they know that...
$2.2 Billion Illegal Forex Operation Busted by Chinese Authorities Using Crypto Platforms
27.12.2023
Source: Adobe / Alen Chinese authorities have reportedly dismantled an illegal underground banking operation that moved some $2.2 billion between China and other countries using overseas “virtual currency trading platforms.” On December 24, an account on social media app WeChat run...
Kotaku Readers Share Their Favorite 2023 Games
26.12.2023
We’re just a few short days away from the ball dropping and ushering in a new year. Kotaku put out our own Game of the Year list, but last week we also asked you, the Kotaku readers, about your favorite games from the year of our lord 2023. While there were a few obvious frontrunners, folks...
China’s State Administration of Foreign Exchange Cracks Down on $2.2 Billion Crypto Exchange Ring
26.12.2023
The Chinese State Administration of Foreign Exchange (SAFE) has cracked down on an underground bank that used crypto to offer illegal exchange services. The operation, which had over 1,000 bank accounts and a presence in 17 provinces, moved over 15.8 billion yuan ($2.2 billion) to purchase crypto...
Report Highlights USDT’s Role in the Underground Economy of Cambodia
20.12.2023
A recent report from the South China Morning Post (SCMP) explains the enabling role that Tether’s USDT has on the underground Chinese-linked economy of Cambodia. The stablecoin is allegedly used in different activities like sidestepping capital controls for Chinese nationals, who can use...
Kotaku’s Weekend Guide: 5 Games To Shield You From The Cold
15.12.2023
It’s that time again: We’ve arrived at the weekend after another long series of cursed weekdays, and that, hopefully, means it’s time to get some gaming in.Read more