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Abkhazia Extends Crypto Mining Ban Till End of Year


Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the South Caucasus is restricting the energy-intensive extraction of digital currencies, citing problems with power supply. Bitcoin Mining Remains Prohibited...

Iran Orders Crypto Miners to Halt Operations to Prevent Winter Blackouts


Authorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the cold winter months. Following a period of similar restrictions this past summer, authorized companies were allowed to resume mining in September. Crypto Mining Farms...

Republic Realm Invests in Dvision Metaverse via LAND Acquisition


Republic Realm recently acquired 18 3 x 3 LAND Lots within the New York and Seoul Meta-Cities. The venture has now decided to use the acquisition to invest in the Dvision Metaverse. Republic Realm had previously acquired LAND lots in The Sandbox, Axie Infinity, Somnium Space, and Decentraland....

Cryptocurrency Exchange Huobi Global to Leave China This Month


Digital asset exchange Huobi Global has revealed its intention to exit the Chinese Market. The crypto trading platform with Chinese roots said it will stop processing transactions for existing users on the mainland by the end of the year. Huobi Global Halts Services in the People’s Republic...

Russia, Ukraine Shut Down Several Cryptocurrency Farms


Authorities in Russia and Ukraine have closed down a number of illegal crypto mining facilities allegedly powered by stolen electricity. The underground farms have been discovered around the capital cities, Kyiv and Moscow, as well as in the Russian republic of Dagestan. Russia Busts Illegal Mining...

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