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Nalezeno "UN crypto": 50337

Northern Data Considers Selling Crypto Mining Unit to Fund AI Venture


Northern Data, a German data center company, is considering selling its crypto mining arm, Peak Mining Frankfurt, to focus on its growing AI business. This move comes as crypto miners continue to struggle with reduced Bitcoin rewards. If the sale goes through, Northern Data plans to use...

Cryptocurrency Transactions’ Volumes Spike Nearly 25% in Brazil


The volume of cryptocurrency transactions in Brazil has yet again registered record numbers. According to figures offered by the Brazilian IRS equivalent, volumes grew 24.2% compared to last year, reaching over $43.5 billion between January and September 2024. Stablecoin volumes were significant...

Crypto On/Off Ramp Discloses Breach, Says 1.14% of Users Affected


Transak, a cryptocurrency on/off-ramp service, confirmed on Oct. 21 that experienced a data breach affecting 1.14% of its users. A ransomware group claimed to have obtained sensitive data but Transak confirmed only limited information was accessed. The company said it is taking steps to address...

Industry Stakeholders Cautious as Argentina Drafts New Crypto Regulations


Cryptocurrency industry members in Argentina expressed their opinions regarding a new draft that proposes restrictions on the operation of crypto institutions in the country. If the draft is approved, each institution will register with a minimum capital amount to operate on Argentine soil....

Russian Crypto Miner, Sovereign Fund Aim for Global AI Leadership


Bitriver, a Russian data mining company, has partnered with the Russian Direct Investment Fund (RDIF) to expand data center infrastructure and AI projects across BRICS countries. The goal is to boost Russia’s presence in AI and cryptocurrency mining. Both entities plan to build data centers...

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