On Thursday, the bitcoin mining and flare gas mitigation firm Crusoe Energy Systems Inc. revealed it secured $505 million in new capital from strategic investors. According to the announcement, the Series C equity funding round was led by the climate technology venture capital firm G2 Venture Partners (G2VP). Crusoe Energy Systems Secures $505 Million From…
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A combination of laissez-faire factors has created a beneficial environment for cryptocurrency mining in Georgia. Who would have thought that a small country in the Caucasus Mountains could become one of the world’s leaders in cryptocurrency mining? Despite its small size and population, Georgia has become a popular spot for cryptocurrency mining thanks to its…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Polygon’s Supernet, Stripe’s Crypto Move, Ulbricht’s Bitcoin Deal, Macron on Crypto Regulation + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
A letter by a group of Democratic members of the US Congress attacking proof-of-work (PoW) mining and praising proof-of-stake (PoS) is causing an uproar in the Bitcoin (BTC) community, with crypto exchange Kraken CEO Jesse Powell claiming that “PoS fanatics attacking PoW are actual supervillains.”… Read More: ‘PoS Fanatics Attacking PoW are Actual Supervillains’,…
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In addition to air and water pollution as a result of energy production, the lawmakers pointed to electronic waste from mining rigs, and noise pollution in surrounding communities. United States House of Representatives member Jared Huffman and 12 other lawmakers have requested the Environmental Protection Agency, or EPA, assess crypto mining firms potentially violating environmental…
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In an attempt to deny Russia opportunities to evade sanctions through cryptocurrencies, the U.S. Department of the Treasury has sanctioned leading Russian mining firm Bitriver. The move comes amid concerns that Moscow may use the minting of digital coins to monetize its energy resources. Zug-Based Bitriver and Its Russian Subsidiaries Blacklisted by United States The…
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Elvira Nabiullina is concerned about the Bank of Russia not treating digital asset projects softly enough to attract funding and maintain the economy. Elvira Nabiullina, governor of the Bank of Russia, has admitted that Russia’s central bank might have taken a bit too tough a stance on digital assets and should look to reconsider that.…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______… Read More: Binance Limits Its Services in Russia, New Crypto Investments, Kadena’s Grants + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
The US has imposed sanctions on a Russian Bitcoin (BTC) and crypto mining firm in a bid to deter Moscow’s possible evasion of existing sanctions, imposed as punishment over its invasion of Ukraine…. Read More: US Sanctions Russian Bitcoin Miner BitRiver to Prevent Russia from ‘Monetizing its Natural Resources’ Read more »Pay, Trade, Buy…
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“The United States is committed to ensuring that no asset, no matter how complex, becomes a mechanism for the Putin regime to offset the impact of sanctions,” said Treasury. The United States Treasury Department has added Russia-based crypto mining services provider BitRiver and several subsidiaries as firms facilitating the evasion of sanctions. In a Wednesday…
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