[Jul 3 12:17 AM] Professor Wang Yang, vice president for institutional advancement and chair professor at the Department of Mathematics at the Hong Kong University of Science and Technology (HKUST), criticized China’s cryptocurrency mining ban during a panel…
[Jul 2 5:20 AM] The Russian State Duma is considering a bill related to cryptocurrency mining and sales, but the legislation is not expected to be approved by fall. The bill aims to legalize crypto mining and allow the sale of mined digital currency. Currently…
[Jun 24 7:22 AM] Coatue Management invested $150 million in the Bitcoin miner Hut 8 Corp. due to its capability to power generative AI applications with its high-performance computing.
[Jun 18 11:30 PM] LandBridge has a huge amount of land in the middle of America’s oil country, but it also says it can make big money off crypto miners.
[Jun 5 7:39 PM] Riot shares recovered from more than a 9% dip in the first hour of trading following a damning report from short seller Kerrisdale Capital.
[May 31 9:44 AM] On Friday, the publicly listed mining company Bitdeer Technologies Group revealed that the leading stablecoin firm Tether has purchased $100 million in Bitdeer shares. Additionally, Tether holds an option to acquire an additional $50 million in…
[May 31 6:59 AM] Following the investment, Tether expects close collaboration with Bitdeer across several key infrastructure areas, CEO Paolo Ardoino said.
[May 26 2:34 AM] The Abu Dhabi Agriculture and Food Safety Authority in the UAE has issued a new advisory prohibiting the use of farms for cryptocurrency mining. The advisory explicitly states that farms cannot be repurposed for cryptocurrency mining, which…
[May 21 6:02 AM] MicroStrategy's premium to Bitcoin reflects investor confidence in its management, debt-leveraging strategy to acquire more BTC, and potential for future growth beyond its crypto holdings.
[May 19 2:08 AM] This move follows a recent crackdown that involved confiscating 2,000 cryptocurrency mining devices as part of an anti-corruption initiative.
[May 13 9:19 PM] Russian authorities have reportedly proposed to impose hefty fines on suspected crypto miners operating from residential properties. Authorities may also consider including amendments to the Code of Administrative Offenses which imposes liability…
[May 13 3:02 PM] President Joe Biden ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to halt operations on Monday, calling it a threat to national security.
[May 9 7:30 PM] The Bitcoin miner’s top line came below expectations due to “unexpected equipment failures” and worse-than-predicted weather at multiple mining sites.
[May 3 5:23 AM] Riot Platforms Inc., an integrated bitcoin mining company, reported revenues exceeding $79.3 million in the first quarter of 2024. The revenue increase was slight, rising from $73.2 million to $79.3 million. Remarkably, this was achieved even as…
[May 2 1:03 AM] Arkansas Governor Sarah Huckabee Sanders is expected to sign the bills into law, which will regulate miners’ noise, water use and licensing.
[Apr 25 11:49 PM] The SEC alleged Geosyn Mining’s co-founders misappropriated $1.2 million of its investors’ funds, spending it on holidays, nightclubs and firearms.
[Apr 21 11:33 PM] The Chinese Embassy in Angola has cautioned its citizens residing in the African nation to refrain from mining cryptocurrencies, as this activity is now considered a criminal offense. The embassy has also urged its citizens to be vigilant of…
[Apr 21 7:00 AM] The price of Bitcoin fell drastically towards the $60,000 mark in the days leading up to the just concluded halving. On-chain data has shed light on what could very well be the reason for this price dip in the middle of all the excitement around…
[Apr 18 2:15 PM] A comprehensive X thread by Bitcoin developer and observer 0xB10C has uncovered that several prominent bitcoin mining pools are using identical block templates and transaction prioritization methods, mirroring those of Antpool. This revelation…
[Apr 17 1:37 AM] According to the application-specific integrated circuit (ASIC) mining rig manufacturer Bitmain, the firm is gearing up to introduce its latest Scrypt miner. The L9, which boasts a hashrate of up to 16,200 megahash per second (MH/s) and energy…
[Apr 15 9:59 PM] United States prosecutors have charged Charles O. Parks III with wire fraud and money laundering after he allegedly ran a “large-scale illegal ‘cryptojacking’ operation,” defrauding two cloud computing providers out of $3.5…
[Apr 15 2:34 AM] The Australian Securities Regulator has launched civil proceedings against three cryptocurrency firms. These firms are accused of convincing investors to purchase investment packages using self-regulated superannuation funds. The regulator stated…
[Apr 12 3:32 PM] Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which collectively account for 47% of Bitcoin’s total hashrate. The analysis shows that substantial miners’…
[Apr 10 3:30 PM] On April 10, the bitcoin mining rig producer Auradine revealed it had secured an $80 million investment in a Series B funding round. Additionally, the company highlighted that it has also achieved $80 million in bookings. Auradine Raises $80…
[Apr 7 9:42 PM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguayan lawmakers introduce a bill to ban cryptocurrency mining, Brazil to change crypto taxation…
[Mar 28 5:30 AM] Bitcoin miner Bitdeer is reportedly in discussions with private credit firms to secure $100 million in funding to expand its mining capacity. It is believed that the cryptocurrency miner has engaged a financial adviser to assist with the…
[Mar 3 3:30 AM] In a landmark ruling, the Texas Blockchain Council (TBC) and Riot Platforms Inc. have triumphed in their lawsuit against the Biden administration, successfully halting the data collection efforts on bitcoin mining operations. TBC and Riot Platforms…
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