Crypto miners stole $723M of electricity in Malaysia since 2018: Report
Malaysia’s Deputy Minister of Energy Transition and Water Transformation revealed the number during an event where they disposed of over 2,000 machines seized in an operation.
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Japanese Unicorn Liquid Enters Joint Venture as It Eyes US Expansion
Crypto trading platform Liquid has established a joint venture with Virtual Currency Partners in order to enter the United States market, Cointelegraph Japan reported on May 15.The Japanese company, which achieved unicorn status after funding put its valuation at more than $1 billion last month, says the new venture will be known as Liquid Financial…
Cuba ‘Studying Cryptocurrency’ to Dodge US Sanctions, Says Gov’t
Cuba is the latest country to consider using cryptocurrency to skirt U.S. sanctions, Reuters reported quoting a government source on July 3.In a public address on local television, the country’s president, Migual Diaz-Canel, said the plan would raise capital for around one quarter of the population, helping to pay for reforms. Cuba has felt a severe…
New York Court Rules That State Attorney Has Jurisdiction Over Bitfinex
The New York State Supreme Court has ruled that the New York Office of the Attorney General (NYAG) has jurisdiction over cryptocurrency exchange Bitfinex.According to a court filing on Aug. 19, this will allow the NYAG to continue its investigation of the exchange over allegations of fraud and misleading investors. In the filing, Judge Joel Coehn…
Bitcoin at the barricades: Ottawa, Ukraine and beyond
Protesting anti-vax truckers blockading downtown Ottawa, Canada had their fund-raising platform shut down because their host fears the “promotion of violence.” The protesters move to a Bitcoin crowdsourcing funding service. It quickly raised $900,000.Russian troops gather on Ukraine’s borders. Ukrainian NGOs and volunteer groups embrace cryptocurrencies to help defend their country in the event of…
Robinhood warns a crypto drop is coming amid IPO filing
According to the trading app, it expects its Q3 2021 revenue to be lower as a result of increased crypto trading in the first quarter, driven in part by Dogecoin. 1309 Total views 1 Total shares Stock and cryptocurrency trading app Robinhood is expecting its quarterly revenue to decrease based on significantly high trading volume…
Ethereum Co-Founder Reportedly Sells 90k ETH To U.S. Cryptocurrency Exchange
Ethereum (ETH) co-founder and core developer, Jeffrey Wilcke, has reportedly sent 92,000 ETH ($11.5 million) to U.S. cryptocurrency exchange Kraken on Dec. 25.While Cointelegraph reported early today about concerns that Ethereum co-founder Vitalik Buterin could be planning to sell $25 million worth of the cryptocurrency, a tweet sent by Jeffrey Wilcke indicates otherwise.Source TwitterWilcke, whose GitHub…
Key Bitcoin price metric drops to a 2-week low — Is the BTC bull market over?
Bitcoin price has dropped to a worrying low, leading some traders to throw in the towel and claim the bull run is over.
Investors rug-pulled after pouring $57M into dog-themed OlympusDAO fork
Hong Kong police have reportedly been notified of the incident, with the primary suspect having filed a police report and handed a computer over to authorities. 1913 Total views 23 Total shares After launching via a Discord channel on Oct. 28, AnubisDAO went on to raise roughly 13,256.4 ETH using Alchemistcoin’s liquidity bootstrapping protocol (LBP)…