Norway has struck a blow to its domestic crypto mining industry by acting to end electricity subsidies for BTC mining facilities. Norway has acting to end electricity subsidies for Bitcoin (BTC) mining facilities, Norway’s largest printed newspaper Aftenposten reported Nov. 21. Until now, mining farms — in keeping with other power-intensive industries — paid a […]
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Police in northern India have filed a chargesheet against four suspects accused of scamming a victim out of $0.8 – 1.4 million in a crypto investment fraud. Police in the northern Indian city of Chandigarh have filed a chargesheet against four suspects accused of scamming a victim out of ₹6-10 crore ($0.8 – 1.4 million) […]
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The Colorado Division of Securities issued cease and desist orders to four more ICOs allegedly involved in fraudulent and illegal practices. The Colorado Division of Securities has filed cessation orders against four Initial Coin Offerings (ICOs) allegedly involved in fraudulent and illicit practices, according to an official announcement Nov. 20. Colorado Securities Commissioner Gerald Rome […]
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Bitcoin Cash SV’s recent blockchain reorganization has led to well-known industry figures labelling it as centralized. Controversy over Bitcoin Cash’s (BCH) hard fork continued Nov. 19 after Bitcoin Cash SV (BCHSV), one of the two new forks of the altcoin, suffered what is known as a blockchain reorganization. The latest setback to affect the nascent […]
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A Washington-based crypto mining company has filed for bankruptcy and is facing eviction in Douglas County. Major U.S. crypto mining and blockchain firm Giga Watt has filed for bankruptcy on Monday, Nov. 19, Washington daily newspaper Wenatchee World reported yesterday, Nov. 20. The top-five crypto mining firms entrant has reportedly filed for Chapter 11 protection […]
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Bitfury has added an investment banker to its board of directors and a former U.S. Securities and Exchange Commission (SEC) member to its advisory board. Blockchain technology firm Bitfury has added an investment banker to its board of directors, and a former U.S. Securities and Exchange Commission (SEC) member to its advisory board, according to […]
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Italian securities watchdog CONSOB has ordered cease and desist orders on several crypto-related firms for offering unauthorized financial services. The Commissione Nazionale per le Società e la Borsa (CONSOB) has ordered three crypto-related companies providing unauthorized investment services to cease and desist, an official release states Monday, Nov. 19. The first company, a trading platform […]
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Cybersecurity firm Trustwave has reported a case of cryptojacking malware stealing the computing power of visitors to the Make-A-Wish Foundation’s website. Hackers have infected the website of global non-profit organization the Make-A-Wish Foundation with cryptojacking malware, according to a report by cybersecurity firm Trustwave posted Nov. 19. According to Trustwave researchers, crypto jackers managed to […]
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sponsored The new engine provides the industry-best hash rate for Monero, states the company. On Nov. 14, MinerGate, a top-tier mining pool platform with 3.5 million users worldwide, has released the final version of their xFast Miner engine. As Claude Lecomte, the CEO and Founder of MinerGate reported to Cointelegraph, the brand new version of […]
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Mining hardware manufacturers invent new ways to increase their competitiveness and tackle miners’ interest decline as September was the first month when private miners’ profits went into the negative. A year long bear crypto market appears to have had a negative impact on the profitability of cryptocurrency mining. In spite of this, Bitcoin miners still […]
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