Category: Cryptocurrency

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Power Deficit Forces Crypto Miners to Leave Kazakhstan

Electricity shortages have been dogging Kazakhstan’s booming crypto mining industry this year. A media report reveals that some miners, including some of those that moved in amid China’s crackdown on the sector, are now looking to relocate to destinations with a more stable energy supply like the United States. Miners Shut Down Crypto Farms Due…
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Regulators Learning from Crypto to Take on Pump and Dumps in Stocks

  A newly released presentation has revealed how the Australian Securities and Investments Commission (ASIC) has learned about pump and dump activities in the crypto market, and how the same schemes have spilled over to the stock market. The previously unknown presentation was first made public on December 28 after The Australian obtained it through…
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5 New Blockchain Funds You Could Invest in Today

  If you would like to add blockchain exposure to your investment portfolio without buying cryptoassets, you could buy shares in blockchain funds.  Read on to discover five new entrants in the blockchain investment funds space that launched in 2021.  Blockchain investment funds are investment vehicles that invest in a basket of shares in crypto…
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Bank of Russia to Collect Data on Crypto-Related Transactions Between Individuals

The Central Bank of Russia (CBR) plans to obtain information from commercial banks pertaining to some money transfers between private individuals, including clients trading cryptocurrency. The measure is likely to affect online crypto exchangers which the regulator accuses of conducting illegal operations. Central Bank to Check Transactions Between Russians Exchanging Crypto As part of efforts…
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Winter’s Here for Bitcoin Miners in Kazakhstan and Iran as Cold Weather Brings Slowdowns

  Cold weather in some of Bitcoin (BTC) and crypto mining’s hotspots is bringing bad tidings for the industry – with power interruptions experienced in Kazakhstan and the government intervening in Iran…. Read More: Winter’s Here for Bitcoin Miners in Kazakhstan and Iran as Cold Weather Brings Slowdowns  Read more »Pay, Trade, Buy Bitcoin with…
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North Korea Views its USD 1.7B Crypto Hack Hauls as a ‘Long-term Investment’

  North Korea “has hacked USD 1.7 billion worth of crypto from exchanges,” reports have claimed -and experts say that Pyongyang is going long on its haul of tokens, rather than immediately swapping them for cash…. Read More: North Korea Views its USD 1.7B Crypto Hack Hauls as a ‘Long-term Investment’  Read more »Pay, Trade,…
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Elcheron Malware Targets Crypto Users on Telegram: Here’s How to Stay Safe

  There is a new Telegram malware dubbed Elcheron, which joins crypto-focused groups in a bid to steal crypto wallets and account credentials, said SafeGuard Cyber. According to the report, the malware is distributed among Telegram groups by a user with the “Smokes Night” handle, who spreads the malware by dropping an infected file into…
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Bank of Russia Wants to Restrict Crypto Investments by Blocking Card Payments, Report Reveals

The Central Bank of Russia is currently reviewing various ways to prevent Russians from investing in cryptocurrency. One the options on the table is to block card payments to certain recipients such as crypto exchanges, a media report has unveiled. A recent meeting at the State Duma has indicated, however, that the authority’s hardline stance…
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Recent Chinese Bitcoin Court Ruling ‘Not an Isolated Case’ & Part of ‘an Ongoing Trend’

  A court ruling in China from earlier this month claiming that a Bitcoin (BTC) mining contract was “void” was not an outlier, according to a new report, which added that Chinese courts have made similar rulings prior to the crackdown this year…. Read More: Recent Chinese Bitcoin Court Ruling ‘Not an Isolated Case’ &…
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The Opendao Gives Xmas Airdrop to Opensea Users

New decentralized organization Opendao gave users of Opensea, one of the biggest NFT marketplaces by trading volume, a gift on Christmas. The organization launched its own token and organized an airdrop to distribute it to users that had purchased NFTs using Opensea, allowing them to claim 50% of the total supply of SOS, its native…
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