Bitcoin Miner Genesis Digital Assets Launches Heat Repurposing Project in Sweden

Genesis Digital Assets Limited (GDA) has embarked on a new project in Norsjö, Sweden, utilizing surplus heat from one of its bitcoin mining data centers to warm a local garage. This collaboration... Read more »

French Regulator Begins Accepting Crypto Service Provider Applications Ahead of MiCA Regulation

The French financial regulatory authority has begun accepting applications for authorization as a crypto asset service provider under the European Markets in Crypto-Assets (MiCA) Regulation, ahead of its implementation in December 2024.... Read more »

Historic Drop in Bitcoin Revenue Leaves Miners Struggling

After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of Aug. 4. The recent uptick in Bitcoin’s mining difficulty, coupled with the... Read more »

Australia Flags Over 2,000 Compromised Crypto Wallets

More than 2,000 compromised cryptocurrency wallets belonging to Australians were recently uncovered during a global operation targeting cryptocurrency scammers. The Australian Federal Police is reportedly investigating Australian losses identified in “Operation Spincaster”... Read more »

Paraguay’s Power Chief: No Cryptocurrency Mining Company Has Left Yet

Felix Sosa, president of the National Power Administration of Paraguay (ANDE), has disregarded reports indicating that a mass exodus of cryptocurrency mining companies could be brewing. Sosa stated that no cryptocurrency company... Read more »

Central Bank of Brazil Aims to Finalize Crypto Exchange Regulation by Early 2025

According to Nagel Paulino, head of the Central Bank’s regulatory department, the Central Bank of Brazil hopes to finalize cryptocurrency market regulations by 2025. The institution will conduct a second public consultation... Read more »

Bitcoin Miner Cleanspark Acquires Wyoming Mining Site

Cleanspark Inc. has completed the acquisition of its first bitcoin (BTC) mining site in Wyoming and secured 75 megawatts (MW) of power contracts. The Las Vegas-based company plans to add over 2... Read more »

US Senators Flooded With 2,200 Letters Advocating Bitcoin as Strategic Reserve

U.S. senators received over 2,200 letters within 48 hours advocating for Senator Cynthia Lummis’ bill to make bitcoin a strategic reserve. The bill proposes the U.S. government acquire a significant bitcoin reserve... Read more »

Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year

In July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this total, $24.9 million was generated from transaction fees, reflecting a trend of low onchain... Read more »

Coinzoom Operations Suspended in Ohio Following Regulatory Examination

The Ohio Department of Commerce has ordered crypto exchange Coinzoom to cease operations in the state effective Aug. 1 following a regulatory examination. Current customers can still withdraw their assets, but the... Read more »
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