Search
Jack Dorsey’s Block to shutter UK operations for Cash App
18.7.2024
The app, one of the products of payments firm Block, had been operating in the United Kingdom since 2018
Greenidge Expands Bitcoin Mining Operations in Mississippi
11.7.2024
Greenidge Generation Holdings Inc. has expanded its bitcoin mining operations with a new site in Mississippi. The site, which went live on July 1, 2024, features 2,400 bitcoin miners and is expected to increase capacity further in the coming months. Greenidge Adds 2,400 Bitcoin Miners to...
Hut 8 expands mining operations with power deal in West Texas
9.7.2024
Hut 8 secured a purchase agreement for 205 megawatts of power and land in West Texas, expanding its energy infrastructure to about 1.3 gigawatts of capacity
South African Regulator Investigates 30 Cases of Unlicensed Crypto Operations
3.7.2024
The Enforcement Division within South Africa’s Financial Sector Conduct Authority (FSCA) has formed a team to investigate individuals or entities operating crypto financial services without proper licenses. Currently, 30 cases are under scrutiny. The FSCA aims to protect the public...
Marathon Digital Reports Increase in Hashrate, Holds 18,536 BTC
3.7.2024
Marathon Digital Holdings, Inc. released its unaudited bitcoin production and miner installation updates for June 2024. The company’s operational hashrate increased slightly, and its bitcoin holdings reached 18,536 BTC. Marathon Digital Reports June 2024 Bitcoin Production In June 2024...
Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping Operations
2.7.2024
The National Power Administration of Paraguay (ANDE) has surprised cryptocurrency mining operators by raising power fees by 14%, affecting the profitability of these activities. The rise have already caused the exit of a company that planned to invest over $400 million in the country due to...
Yield App Suspends Operations Ahead of Liquidation
29.6.2024
Yield App, a platform for earning interest, buying, and swapping cryptocurrencies, announced on social media platform X Friday the suspension of all activities in preparation for liquidation proceedings. The Seychelles-based company halted operations due to significant portfolio losses from...
Cleanspark Acquires Griid in $155 Million All-Stock Deal to Boost BTC Mining Operations
27.6.2024
In a significant expansion move, Cleanspark, a leading U.S. bitcoin mining company, has announced the acquisition of its rival firm Griid for $155 million. This strategic all-stock transaction aims to enhance Cleanspark’s mining capacity, particularly in the aftermath of Bitcoin’s...
Marathon Digital Expands Mining Operations to Include Kaspa
27.6.2024
Marathon Digital Holdings Inc. has diversified its mining activities by adding kaspa (KAS), a proof-of-work digital asset, to its portfolio. The initiative has already yielded significant results, with the company mining 93 million KAS, valued at approximately $15 million as of June 25, 2024....
T-Mobile Owner Deutsche Telekom Unveils Bitcoin and Lightning Network Node Operations
16.6.2024
This week at the BTC Prague conference, Deutsche Telekom’s subsidiary T-Systems MMS announced its operation of a Bitcoin node and a Lightning Network node. Deutsche Telekom, Europe’s largest telecommunications provider and the parent company of T-Mobile, also shared plans to mine...
Indian Authority Cracks Down on Highrich Online’s Crypto Operations
16.6.2024
India’s Enforcement Directorate (ED) has conducted searches that uncovered a Ponzi scheme involving cryptocurrency operations and HR Crypto Coin, leading to significant asset seizures and freezing. The coins were part of the scheme, luring people to invest with promises of a 15% annual...
Bitfarms expands into Pennsylvania amid Riot’s growing stake
14.6.2024
Bitfarms announces U.S. expansion in Pennsylvania, while Riot Platforms increases its ownership stake in the company to 14%
Terraform Labs ends operations, Terra community takes over
13.6.2024
Terraform Labs ceases operations after a $4.47 billion settlement with the SEC, transferring control of the Terra blockchain to the community
Worldcoin Agrees to Temporarily Stop Operations in Spain
7.6.2024
Worldcoin, the biometric proof-of-personhood identification protocol, has agreed to temporarily stop its operations in Spain. According to statements from the Spanish privacy watchdog AEPD, the company committed to stop its data collection practices for a year or until Baviera’s privacy...
Vitalik Buterin-backed Nocturne protocol shuts down operations overnight
6.6.2024
The announcement comes despite Nocturne raising $6 million in a funding round last October
Worldcoin suspends Spanish operations amid data protection probe
4.6.2024
Worldcoin agrees to suspend activities in Spain until the end of the year or until a resolution is reached by the German data authority in ongoing data protection investigations
Bitcoin miner Core Scientific strikes $3.5B AI partnership
4.6.2024
Core Scientific expects that its AI collaboration with CoreWeave will generate $3.5 billion over 12 years from renting out 18% from its infrastructure
Final Fantasy XIV: Dawntrail Just Hinted That Players Will Go On An Anime-Style Tournament Arc
31.5.2024
There’s just over a month left until Dawntrail, the next expansion for Square Enix’s hit MMORPG Final Fantasy XIV, releases in early access. Yet we still don’t know too much about the next chapter of the game, beyond it being a kind of summer vacation for players. That mystery is intentional,...
OpenAI stopped 5 campaigns that used its tech for ‘deceptive influence’
31.5.2024
The AI firm has terminated accounts linked to several alleged foreign covert influence operations
Texas Issues Emergency Cease and Desist Against Arkbit’s Crypto Operations
30.5.2024
The Texas State Securities Board has issued an Emergency Cease and Desist Order against Arkbit Capital and its affiliates, Arkbit Capital Holdings, ABC Holdings LLC, and ABC Mining. These companies were found operating a fraudulent MLM cryptocurrency investment scheme. Promising daily returns...