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Today in Crypto: Top 10 Crypto Ransomware Attacks Took $69M in BTC Payments, Chainalysis Laid Off 5% of Workforce, TeraWulf Starts Public Offering of Common Stock
2.2.2023
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: Today in Crypto: Top 10 Crypto Ransomware Attacks Took $69M in BTC Payments, Chainalysis Laid Off 5% of Workforce, TeraWulf...
Police Raid ‘Illegal Marijuana Plantation’ – But Find BTC Mining Farm Instead
2.2.2023
Spanish police got more than they bargained for when they went in search of a marijuana farm – and ended up unearthing an illegal bitcoin (BTC) mining operation instead.
Per Xataka and an official police report, officers were investigating what they initially thought was an “indoor marijuana...
Russian Crypto Mining Fraudster Jailed for Four Years
2.2.2023
A Russian man has been sent to prison for four years for crypto mining-related fraud.
Per the media outlet 56 Orb, the man is a 47-year-old resident of Orenburg, a southwestern city near Russia’s border with Kazakhstan.
A court in the city heard that the man duped a local entrepreneur into...
Today in Crypto: BNB Chain Unveils 3rd Blockchain in BNB Ecosystem, Tether ‘Never Borrowed from Celsius’, Ripple Sold $226M Worth of XRP in Q4
1.2.2023
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: Today in Crypto: BNB Chain Unveils 3rd Blockchain in BNB Ecosystem, Tether ‘Never Borrowed from Celsius’, Ripple Sold $226M...
Luxor Starts First-Of-Its-Kind Bitcoin Mining Rig Marketplace for Large Scale Orders
1.2.2023
The market for mining machines is increasingly flooded with inventory from struggling companies
Crypto-friendly bank ends loans backed by crypto mining rigs
1.2.2023
After a bullish 2021 crypto miners sought out loans to allow them to expand, a move which has since backfired following difficult market conditions in 2022
Court permits Core Scientific to borrow $70M to replace existing loan
31.1.2023
Investment bank B. Riley is already a Core Scientific creditor and tried to provide funds before the Bitcoin miner filed for Chapter 11
Bitcoin mining advocate is going state-to-state to educate US lawmakers
31.1.2023
The legislatures in Mississippi and Missouri have separately introduced bills aimed at protecting certain activities of Bitcoin miners following visits from the Satoshi Action Fund
Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs
31.1.2023
The Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide loans secured by cryptocurrency mining rigs. In a filing with the U.S. Securities and Exchange Commission (EX-99.1), Bankprov stated that revenue from its digital asset loan...
Rumor has it that Dogecoin could shift to proof-of-stake — What does that mean for miners?
31.1.2023
Dogecoin shifting to proof-of-stake would be good for the environment, but what impact would it have on miners and ASIC manufacturers?
Bitcoin miner Greenidge cuts NYDIG debt from $72M to $17M
31.1.2023
Despite restructuring into a hosting firm for Bitcoin mining, Greenidge still owns about 10,000 miners, maintaining a capacity of 1.1 EH/s
BankProv Stops Offering Loans Collateralized With Crypto Mining Machines
31.1.2023
The crypto-friendly bank wrote off $47.9 million in loans, primarily mining rig-collateralized debt
BlockFi gets court nod to sell crypto mining assets
31.1.2023
It is understood that BlockFi wants to get bids in quickly as possible to make the most of the current market conditions
How Bitcoin mining saved Africa's oldest national park from bankruptcy
31.1.2023
The Virunga National Park's Bitcoin mine in the Democratic Republic of the Congo monetizes surplus energy for conservation efforts
Bitcoin price is up, but BTC mining stocks could remain vulnerable throughout 2023
30.1.2023
Bitcoin miners have been under duress for more than a year and even with BTC price trading at $24,000, BTC mining stocks could still face challenges throughout 2023
BlockFi's Crypto Mining Assets May Be Headed to Market After Bankruptcy Hearing
30.1.2023
The crypto lender’s quest to get its hands on $580 million of Robinhood shares originally owned by FTX founder Sam Bankman-Fried has taken another turn, the court was told
Today in Crypto: Bitcoin Mining Difficulty Hits New ATH, Gemini Reportedly Investigated by NYDFS, South Korea Plans to Create a Crypto Tracking System
30.1.2023
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: Today in Crypto: Bitcoin Mining Difficulty Hits New ATH, Gemini Reportedly Investigated by NYDFS, South Korea Plans...
Bitcoin mining revenue jumps up 50% to $23M in one month
30.1.2023
As Bitcoin remains well-positioned for a steady recovery, the mining industry witnessed a 50% growth in revenue in terms of US dollars
Kazakhstan Parliament Adopts Law Regulating Crypto Mining and Exchange
30.1.2023
Lawmakers in Nur-Sultan have approved the final version of the law “On Digital Assets in the Republic of Kazakhstan.” The new legislation, including several other bills, regulates the circulation of cryptocurrencies in the country and introduces a licensing regime for crypto miners and exchanges....
Bitcoin Difficulty Surges 4.68%, Taps New All-Time High; Metric Set to Surpass 40 Trillion
29.1.2023
The Bitcoin blockchain recorded another difficulty increase on Sunday, Jan. 29, 2023, at block height 774,144. The network’s difficulty increased by 4.68%, from 37.59 trillion to an all-time high of 39.35 trillion. Bitcoin Difficulty Reaches New All-Time High as Mining Gets Tougher...