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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Compound Treasury receives B- credit rating from S&P Global Ratings
Though the protocol offers an arguably lucrative yield of 4% per year, it's only available to accredited investors as of now. On Monday, decentralized finance, or DeFi, protocol Compound Treasury announced that it received a credit rating of B- from S&P Global Ratings. As told by the team at Compound, this represents the first time…

Biden may rethink SAB 121 vote veto due to political support for crypto
The U.S. Congress bipartisan vote has overwhelmingly demonstrated its rejection of the SEC’s SAB 121. President Biden threatened to veto the overruling. Will the executive branch overthrow Congress’s decision?

When altseason? Here’s why Bitcoin is leaving major altcoins like Ethereum behind
Ether (ETH), the native cryptocurrency of the Ethereum blockchain, has been lagging behind Bitcoin (BTC). Historically, when BTC surges, altcoins tend to rally with larger upside price movements.This time, Bitcoin has been clearly outperforming the altcoin market, particularly in December. BTC market cap dominance has recently risen to a one-year high of around 70%, largely…

CrowdStrike stock falls another 13% on Monday, days after global IT outage
“We are likely to experience similar incidents,” said Binance CSO Jimmy Su in the wake of the global computer outage.

Report: ICOs left retail investors in the dark
Research outfit Xangle has found that a third of sampled retail investors in the United States felt “deceived” by initial coin offerings, or that the projects had withheld information from them.Notably, Xangle’s survey is small-scale, based on 600 respondents who invested in an ICO sometime between 2017 and October 2020. The majority (44%) of those…

Crypto Security Company Ledger Releases Bluetooth-Enabled Hardware Wallet
Cryptocurrency hardware wallet firm Ledger has unveiled a new Bluetooth-based wallet today, Jan. 7, according to a press release shared with Cointelegraph.The wallet, called the Ledger Nano X, was shown at the CES 2019 conference in Las Vegas. At the same time, the firm has announced mobile app set to go live on Jan. 16,…

Bitcoin Options See ‘Fast’ Q2 Growth as CME Open Interest Tops $259M
CME is gaining presence in Bitcoin options in a market still dominated by Deribit and exchanges, new data reveals. 2394 Total views 31 Total shares Bitcoin (BTC) derivatives interest is putting in “fast” growth this quarter — and CME Group is leading the way for options, new data shows.According to monitoring resource Skew, the past…

Hive Digital expands focus from crypto mining to AI data centers
Hive’s strategy targets meeting the rising demand for AI computing while boosting its balance sheet with green-mined Bitcoin.