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Taiwan bans unregistered foreign crypto exchanges from operating
26.9.2023
Apart from local exchanges like Maicoin, major global crypto trading firms like Binance, ByBit and Kraken have also been serving customers in Taiwan
Tether Dives Into AI Wave With $420M Nvidia GPU Investment Amid Soaring Demand
21.9.2023
According to a report, Tether, the largest stablecoin issuer by market capitalization, has invested $420 million in 10,000 Nvidia H100 graphics processing units (GPUs). This news emerges during a time of surging demand for artificial intelligence (AI). It also comes after Iris Energy reported...
Environmentalists Rally Against Crypto Mining Facility Renewal in New York, Citing Climate Concerns
11.9.2023
Environmental advocates are redoubling their efforts to persuade New York officials to decline an air permit renewal for a cryptocurrency mining facility in North Tonawanda. They assert that the operation imperils residents’ quality of life and undermines the state’s climate objectives...
Shiba Inu’s Shibarium Returns to Full Operation After Navigating Bridge Issues
30.8.2023
The Shiba Inu development team has announced that Shibarium is now fully functional after recent challenges where funds became inaccessible in the bridge. Shiba Inu’s Shytoshi Kusama thanked Sandeep Nailwal, the co-founder of Polygon Labs, who stepped in with crucial resources to address the issue....
Crypto Mining Crackdown in Malaysia: Sarawak Police and Energy Plant Dismantle Illegal Mining Operation
31.7.2023
A covert cryptocurrency mining operation, suspected of electricity theft, was uncovered in a Marina Square shophouse in Miri, Malaysia. Representatives from the Sarawak police and Sarawak Energy plant revealed that the successful operation was made possible by a tip-off from the public....
Stronghold Expands Operation With $3M Acquisition of 2,000 Canaan Bitcoin Miners
27.7.2023
Stronghold Digital Mining announced Thursday it has acquired 2,000 application-specific integrated circuit (ASIC) bitcoin mining rigs from Canaan. The new machines, costing $3 million, will be delivered to Stronghold’s Panther Creek facility in the third quarter. Stronghold Digital Mining...
Robert Kennedy Jr Says Biden Is ‘Preparing for Ground War With Russia’ as World War III Warnings Escalate
16.7.2023
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has explained that President Joe Biden is “preparing for a ground war with Russia” by signing an executive order to mobilize reserve forces to augment Operation Atlantic Resolve. Multiple people have accused Biden of starting...
Stablecoin TrueUSD Owner Techteryx to Take Full Control of Operation
14.7.2023
Techteryx assumed "full management full management of all offshore operations and services related to TUSD," on July 13
UK Regulator Targets Unlawful Crypto ATMs in Joint Operation
12.7.2023
The UK's financial watchdog and four other law enforcement agencies recently inspected another 18 crypto ATM sites, "disrupting" 26 machines across the nation.
The Financial Conduct Authority (FCA) stated on Tuesday that the sites "suspected" of operating crypto ATMs were inspected in May and June...
Mawson Infrastructure Group Deploys 2,600 Bitcoin Miners at Newly Secured Pennsylvania Site
6.7.2023
Mawson Infrastructure Group, a publicly-listed bitcoin mining operation, announced on Thursday that it has acquired a new mining site in Bellefonte, Pennsylvania. The company detailed that it has swiftly deployed 2,600 bitcoin miners at the location. Mawson Secures Pennsylvania Site, Deploys 2,600...
Report: Dozens of Chinese Nationals Arrested in Libya for Operating Illegal Crypto Mining Farm
26.6.2023
Around 50 Chinese nationals have reportedly been apprehended by Libyan authorities following allegations of running a cryptocurrency mining facility within the city of Zliten, local reports detail. Cryptocurrency mining is strictly prohibited by law in Libya. Libyan law enforcement officials have...
Bitcoin Mining Operation for Pool Heating Sparks Debate at NYC Spa
23.6.2023
A Brooklyn-based bathhouse and spa sparked a debate after it revealed it was operating a small-scale Bitcoin (BTC) mining operation that heats its swimming pools.
In a Wednesday Instagram post, Bathhouse revealed that its pools are heated with byproduct energy from Bitcoin mining. ...
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Alleged Cocaine Operation That Used Pokémon Art Cases Got Busted
13.6.2023
Two New Bedford, Massachusetts men were arrested on June 6 for allegedly smuggling some four pounds of cocaine in a couple of adorable yellow Pokémon art cases that seem to feature the electric mouse Pikachu on the front.Read more
Binance v SEC: Crypto industry debates 'Tai Chi' vs 'Operation Chokepoint 2'
6.6.2023
The SEC lawsuit comes within months of the CFTC lawsuit against Binance mounting its regulatory woes in the U.S
Tether Expands Investments in Green Bitcoin Mining, Invests in El Salvador’s Volcano Energy
5.6.2023
Following the company’s announcement that it will build a sustainable Bitcoin mining operation in Uruguay, the stablecoin issuer Tether has disclosed its investment in a Salvadoran bitcoin mining operation called “Volcano Energy.” Tether Backs Volcano Energy Tether...
Stablecoins are a critical countermeasure to Operation Chokepoint
2.6.2023
Stablecoins could help crypto firms to remove themselves from the banking system — and prevent the U.S. government from cutting off their financial lifelines
Tether Surpasses Previous Market Cap Record, Reaching $83.23 Billion
1.6.2023
On June 1, 2023, the stablecoin issuer Tether exceeded the dollar-linked token USDT’s previous all-time market capitalization record of $83.2 billion, which was set in May 2022. In the last 186 days, USDT’s market value has surged by 27.15% from the low of $65.43 billion reached...
Huobi HK Offers Spot Trading and Custodial Solutions in Hong Kong Following Licensing Regime Implementation
29.5.2023
On May 29, Huobi HK announced its expansion of services after Hong Kong implemented its new crypto exchange license system. The platform now provides spot and custodial services to both retail and institutional customers in Hong Kong. Huobi’s update comes shortly after Huobi Global faced regulatory...
Global Law Enforcement Agencies Dismantle Darknet Marketplace Monopoly Market, Arrest 288 and Seize $53.4 Million
3.5.2023
On May 2, 2023, Europol announced a collaborative effort between law enforcement agencies from the U.S., Europe, the U.K., and Brazil culminated in 288 arrests, along with the confiscation of 850 kg of illegal drugs, 117 firearms, and $53.4 million in cash and cryptocurrencies. This joint venture...
Mawson Infrastructure Group Expands to New Bitcoin Mining Site in Ohio, Plans to Boost Hashpower by 1 EH/s
2.5.2023
Mawson Infrastructure Group announced on Monday that the company has secured a new mining site in Corning, Ohio. The bitcoin mining firm, on May 1, 2023, unveiled its plans to set up its miners at the new location by Q3 of this year, with an aim to raise the operation’s hashpower by 1 exahash...