No Bail for Ethereum Researcher Turned North Korea Advisor Following Incriminating Texts

NY courts rejected bail for ETH researcher Virgil Griffith after he allegedly taught crypto to North Koreans and renounced his U.S. status via text. Ethereum Foundation researcher Virgil Griffith has reportedly been denied bail in New York. Currently detained, Griffith is appealing the action.  “Griffith was presented yesterday and ordered detained,” James Margolin, the chief […]

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Chinese Authorities Confiscate Nearly 7,000 Crypto Mining Machines

Chinese authorities have seized nearly 7,000 crypto mining machines consuming electric power illegally. Chinese authorities have seized nearly 7,000 crypto mining machines, illegally consuming electric power. The cryptocurrency mining confiscation came as part of an inspection of more than 70,000 households, 3,061 merchants, 1,470 communities, as well as factories, mines, courtyards and villages in the […]

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