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Nalezeno "$30 Million": 8066

Russian Power Company Reports $14 Million Loss Due to Illegal Crypto Mining


Russian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led to network congestion, equipment damage, and criminal investigations. Unauthorized Crypto Mining Results in Heavy Losses For Rosseti Russian electricity provider Rosseti...

Bitcoin’s Final Million: 20 Million BTC Milestone to Precede 2028 Halving


Not long ago, the Bitcoin blockchain released 94.42% of its total supply, leaving only—or 174,583.24 bitcoins—to be mined until 20 million are in circulation. Calculations indicate that this milestone will be reached before the fifth Bitcoin halving, expected to occur in April 2028....

Chinese VC Invests $30 Million in Hong Kong’s Hashkey Group 


Bloomberg reports that China’s Gaorong Ventures invested $30 million in Hong Kong’s Hashkey Group, valuing the crypto unicorn near $1.5 billion. Gaorong Ventures Bets on Crypto With $30 Million Investment in Hashkey Gaorong, an early investor in Chinese internet firms such as Meituan and...

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