Report: Crypto Miner Hut 8 Lays Off More Staff

Hut 8 crypto mining, which runs a joint venture in Alberta with Bitfury, has reportedly laid off more staff. Canadian Bitcoin (BTC) mining  firm Hut 8 has reportedly laid off employees at its facilities in the province of Alberta, the Canadian Broadcasting Corporation (CBC) reports April 4. Hut 8’s crypto mining facilities in Drumheller and […]

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South Korean Officials Consider Revision of Existing Crypto Regulations

The South Korean government is looking to re-evaluate existing cryptocurrency policies in order to facilitate the maturity of the cryptocurrency market. South Korean officials are considering a revision of existing regulatory frameworks regarding digital currencies, local media outlet ZDNet Korea reported on April 4. Speaking at the Deconomy conference in Seoul, top government officials reportedly […]

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Hong Kong: Illicit Crypto Mining Operations Are Punishable by Fine or Imprisonment

Hong Kong’s financial watchdog secretary states that illicit crypto mining operations are subject to local trading law. The secretary of Hong Kong’s Financial Services and the Treasury has stated that crypto mining operations are regulated by local trading law. His written response to Hong Kong’s Legislative Council was published on Wednesday, April 3. The Council […]

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Austria’s Largest Energy Provider Develops Blockchain Fridge With Bosch

Wien Energie has announced their new blockchain fridge, developed with Bosch, as part of a sustainable energy consumption experiment. Austria’s largest energy provider, Wien Energie, has developed a blockchain-driven fridge in partnership with tech giant Bosch, Cointelegraph’s correspondent reported from the ANON Blockchain Summit Austria. Wien Energie presented the new model during the crypto conference […]

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Russian Gas Giant Gazprom to Use Blockchain in Gas Supply Agreements

Russia’s state-owned gas giant Gazprom introduced its blockchain project for automated gas supply agreements. The Russian prime minister has welcomed an initiative to use blockchain in agreements over gas supplies by the country’s state-owned gas giant Gazprom, local finance news outlet Vestifinance reports on April 4. The news agency operates under Russian Television and Radio […]

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