Thai authorities successfully raided an illegal bitcoin mining operation in Ratchaburi on August 23. The raid came after residents reported frequent power outages. The bitcoin mining operation was found to be consuming... Read more »
Bitcoin’s hashrate is on the rise once again, edging closer to the peak levels seen at the end of July. Despite a recent 4.19% dip in difficulty during the last retarget, current... Read more »
In the last three days, Foundry USA and Antpool have emerged as the leading forces in bitcoin mining, together controlling a whopping 56.7% of the network’s total hashrate. Since the year began,... Read more »
On Thursday, Bitcoin network fees took a significant leap, crossing the $100 mark shortly after 8:45 a.m. EDT. However, this spike was short-lived as fees quickly dropped, settling at just $0.34 per... Read more »
The National Power Administration of Paraguay (ANDE) has recently detected and seized an illegal bitcoin mining operation hosting 693 miners. ANDE inspectors detected a tampered meter that failed to register all the... Read more »
The Australian Securities and Investments Commission (ASIC) has shut down more than 7,300 phishing and investment scam websites, including 615 targeting cryptocurrency. The regulator noted that collaboration with other agencies and advanced... Read more »
Bit Digital, Inc. has shared an update on its journey into artificial intelligence (AI) services by securing a binding term sheet with Boosteroid Inc., a major player in the cloud gaming industry.... Read more »
Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized cryptocurrency ATMs in a nationwide operation involving 60 officers and raids on 35 locations. BaFin reported that the machines facilitated illegal transactions... Read more »
While Bitcoin is widely recognized as a proof-of-work (PoW) network, it’s not necessarily the most profitable PoW asset to mine. With Bitcoin’s hashprice being relatively low, miners have been increasingly turning their... Read more »
Hong Kong lawmaker Johnny Ng Kit-chong has called for a legal framework to regulate decentralized autonomous organizations (DAOs) to boost Hong Kong’s Web3 investment landscape. Ng said a recent High Court ruling... Read more »