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Report: Dozens of Chinese Nationals Arrested in Libya for Operating Illegal Crypto Mining Farm

26.6.2023
Around 50 Chinese nationals have reportedly been apprehended by Libyan authorities following allegations of running a cryptocurrency mining facility within the city of Zliten, local reports detail. Cryptocurrency mining is strictly prohibited by law in Libya. Libyan law enforcement officials have...

Bitcoin Mining Operation for Pool Heating Sparks Debate at NYC Spa

23.6.2023
A Brooklyn-based bathhouse and spa sparked a debate after it revealed it was operating a small-scale Bitcoin (BTC) mining operation that heats its swimming pools. In a Wednesday Instagram post, Bathhouse revealed that its pools are heated with byproduct energy from Bitcoin mining. ... Read More:...

Alleged Cocaine Operation That Used Pokémon Art Cases Got Busted

13.6.2023
Two New Bedford, Massachusetts men were arrested on June 6 for allegedly smuggling some four pounds of cocaine in a couple of adorable yellow Pokémon art cases that seem to feature the electric mouse Pikachu on the front.Read more

Binance v SEC: Crypto industry debates 'Tai Chi' vs 'Operation Chokepoint 2'

6.6.2023
The SEC lawsuit comes within months of the CFTC lawsuit against Binance mounting its regulatory woes in the U.S

Tether Expands Investments in Green Bitcoin Mining, Invests in El Salvador’s Volcano Energy

5.6.2023
Following the company’s announcement that it will build a sustainable Bitcoin mining operation in Uruguay, the stablecoin issuer Tether has disclosed its investment in a Salvadoran bitcoin mining operation called “Volcano Energy.” Tether Backs Volcano Energy Tether...

Stablecoins are a critical countermeasure to Operation Chokepoint

2.6.2023
Stablecoins could help crypto firms to remove themselves from the banking system — and prevent the U.S. government from cutting off their financial lifelines

Tether Surpasses Previous Market Cap Record, Reaching $83.23 Billion

1.6.2023
On June 1, 2023, the stablecoin issuer Tether exceeded the dollar-linked token USDT’s previous all-time market capitalization record of $83.2 billion, which was set in May 2022. In the last 186 days, USDT’s market value has surged by 27.15% from the low of $65.43 billion reached...

Huobi HK Offers Spot Trading and Custodial Solutions in Hong Kong Following Licensing Regime Implementation

29.5.2023
On May 29, Huobi HK announced its expansion of services after Hong Kong implemented its new crypto exchange license system. The platform now provides spot and custodial services to both retail and institutional customers in Hong Kong. Huobi’s update comes shortly after Huobi Global faced regulatory...

Global Law Enforcement Agencies Dismantle Darknet Marketplace Monopoly Market, Arrest 288 and Seize $53.4 Million

3.5.2023
On May 2, 2023, Europol announced a collaborative effort between law enforcement agencies from the U.S., Europe, the U.K., and Brazil culminated in 288 arrests, along with the confiscation of 850 kg of illegal drugs, 117 firearms, and $53.4 million in cash and cryptocurrencies. This joint venture...

Mawson Infrastructure Group Expands to New Bitcoin Mining Site in Ohio, Plans to Boost Hashpower by 1 EH/s

2.5.2023
Mawson Infrastructure Group announced on Monday that the company has secured a new mining site in Corning, Ohio. The bitcoin mining firm, on May 1, 2023, unveiled its plans to set up its miners at the new location by Q3 of this year, with an aim to raise the operation’s hashpower by 1 exahash...

Operation Choke Point 2.0 Is SEC's 'Chemotherapy' for $14B Ponzi Problem, BCB's CEO Says

28.4.2023
What happened to Custodia Bank is "tragic" under current administration's efforts to de-bank crypto industry, BCB's Oliver von Landsberg-Sadie said

Police in Kosovo Seize Crypto Mining Rigs From Serbs

16.4.2023
Kosovo police have seized dozens of crypto mining devices from residents of a majority Serb region in the north of the country. Authorities in Pristina and Belgrade exchanged accusations over the move, which has the potential to raise tensions in the ethnically divided, partially recognized Balkan...

'Nothing is a coincidence with the government,' claims US lawmaker on Operation Choke Point 2.0

13.4.2023
Speaking at the NFT.NYC 2023, United States congressman Byron Donalds hurled criticism at recent crypto regulatory initiatives

Crypto Exchange Gemini Looking to Launch Overseas Derivatives Operation: The Information

29.3.2023
Binance’s legal troubles and the collapse of FTX may have left an opening for others to grab market share in the crypto derivatives business

Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses

29.3.2023
According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying...

'Surgical removal' of crypto will only weaken USD dominance, commentators say

24.3.2023
A day after Coinbase received an SEC Wells notice, industry commentators weighed in on what recent regulator actions mean for America's crypto future

Operation Chokepoint: Bitcoin Advocates Discuss US Government’s Alleged Mission to Eliminate Crypto Access

23.3.2023
Since the collapse of three American banks friendly to cryptocurrency businesses and the U.S. government’s insistence that crypto assets are “risky investments,” many speculators believe bureaucrats are purposely closing access to cryptocurrencies. Some refer to the U.S. government’s recent...