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Kazakhstan Cracks Down on Illegal Mining, Busts 13 Crypto Farms
23.2.2022
Authorities in Kazakhstan have gone after illegal crypto mining operations amid ongoing issues with electricity supply. Working together with law enforcement, the country’s energy ministry announced the closure of over a dozen facilities minting digital currencies. Government Shuts Down...
UK tax agency cracks down on rules around DeFi lending and staking
3.2.2022
“HMRC treats crypto assets as property for tax purposes. However, this is inconsistent with the approach currently being adopted by Government and other regulatory bodies in the UK," said the executive director of CryptoUK Ian Taylor
Leading NFT Marketplace Opensea Surpasses $10 Billion in All-Time Sales
8.11.2021
This weekend, the non-fungible token (NFT) marketplace Opensea surpassed $10 billion in all-time sales. Statistics show that 629,867 traders contributed to the $10 billion in sales and the average sale price since the NFT market’s launch is $872 per NFT. Opensea Cracks $10 Billion...
NY Attorney General Targets 5 Crypto Companies: 2 Lending Platforms Ordered to Shut Down
19.10.2021
New York Attorney General Letitia James has ordered two cryptocurrency lending platforms to shut down and requested three other platforms to answer questions regarding their activities immediately. The letters to the companies published on the attorney general’s website indicate that the...
UK Cracks Down On In-Game Ads And Microtransactions
25.9.2021
The UK’s Advertising Standards Authority has released new, updated guidance on how game developers and publishers should and shouldn’t advertise in-game premium currencies and other purchases. The ASA is pushing back against in-game timers, labels such as “Best Value!” and more. Read more
People’s Bank of China Targets Crypto Companies in Shenzhen Crackdown
18.8.2021
The Shenzhen office of the People’s Bank of China (PBOC) has reportedly set out to correct the business activities of about a dozen companies allegedly engaged in cryptocurrency transactions. According to Chinese media, the entities have been targeted in a crackdown on crypto trading in...
Europol Cracks Down on Vitae Belgian Ponzi Scheme, Recovers €1.5 Million in Crypto
28.6.2021
Europol, the EU law agency, cracked down on Vitae, a Belgian Ponzi scheme. Europol raided 17 locations related to the website, promoted as a social media site with its own cryptocurrency. The company operated in Switzerland under the name VITAE AG. Law enforcement officials recovered €1.1...
As China Cracks Down on Bitcoin Miners, Stealth Miners and Mystery Hashrate Return
22.6.2021
While on the surface it seems officials from five provinces in China have been cracking down on bitcoin miners, no one is quite sure how much hashrate is moving, which pools are affected, or where these miners will end up. A number of mining pools have seen hashpower percentages decline...
Bit Mining Moving 3,000 Bitcoin Mining Machines to Kazakhstan Following China Crackdown
22.6.2021
Shenzhen-based Bit Mining has started shipping bitcoin mining machines to Kazakhstan as the Chinese government cracks down on bitcoin mining operations in the country. Bit Mining Ltd., a mining company based in Shenzhen, announced Monday that “it had successfully delivered its first batch...
Banks fall in line as China’s central bank cracks down on crypto accounts
21.6.2021
AgBank — the world's third-largest bank by assets — has indicated it will follow the PBoC's cue and work to stamp out its clients' crypto-related activities
China's Central Bank Cracks Down On Crypto Trading
21.6.2021
Source: iStock/杨培培
Today, the People’s Bank of China said that major banks and payment institutions promised they will not engage in crypto-related activities following a meeting with the market regulator.
The central bank said it summoned several major financial players, such as Industrial...
Weibo Cracks Down Crypto Related Accounts as China Strengthens Its Anti Crypto Stance
7.6.2021
Sina Weibo, the Chinese equivalent of Twitter, banned the accounts of several key cryptocurrency and defi influencers in the country yesterday, according to reports from local sources. This might be a continuation of the anti-crypto stance the Chinese state has been exerting since 2013, and more...
Ethereum’s Price Taps Fresh New Highs, ETH Market Cap Eats Away BTC Dominance
28.4.2021
The second-largest cryptocurrency in terms of market valuation, ethereum, has seen significant gains this week in comparison to the rest of the crypto economy. On Wednesday, ethereum tapped an all-time high at $2,736 per unit as the crypto asset has gained 11.48% during the last seven days....
Top Streamers Lose Millions Of Followers After Twitch Cracks Down On Viewbots
16.4.2021
It’s no secret that Twitch has a problem with viewbots, which are fake viewers that artificially inflate streamers’ numbers. They’ve been part of the ecosystem for years, both as a means of making streamers look more popular than they are and, more recently, a tool trolls use maliciously to try...
Bitcoin price cracks major resistance as analyst eyes $70K 'destiny'
9.3.2021
An overnight move higher sees local highs of $54,500 and fresh hope that support levels will now focus on $50,000
No-loss lottery PoolTogether cracks 50 million in deposits after token airdrop
20.2.2021
The self-styled "savings game" is hoovering user deposits, leading to meaty lottery payouts
Market Wrap: Bitcoin Cracks $37.2K as Ether Breaks Through to Record-High $1.6K
3.2.2021
Bitcoin has been trending higher for two days but ether is in the spotlight now
After PS5 Chaos, Japanese Retailer Cracks Down
2.2.2021
This weekend, a mob of PS5 shoppers caused chaos at the Yodobashi Camera retailer in Tokyo’s Akihabara. The police were called and sales were halted. Famitsu now reports that the retailer has instituted requirements to purchase the Sony console.Read more
BTC cracks $30K, supply squeeze worsens, XRP implodes: Hodler’s Digest, Dec. 27–Jan. 2
2.1.2021
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link!
Switch cracks down (further) on extreme discounting
16.12.2020
Well, depends on your definition of extreme?