Search Results for: China crackdown

Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace

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A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole nearly $18,000 in electricity to power the…

Several Crypto Exchange Websites Taken Down in Kazakhstan

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Financial authorities in Kazakhstan have targeted at least five online platforms exchanging cryptocurrencies outside the law. Documents, computer equipment, and cryptocurrency wallets have been seized during searches in the northern part of the country. Kazakhstan’s Financial Watchdog Goes After Unlicensed Crypto…

New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels

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A moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be able to expand or renew their permits for the next two…

Binance Licensed in Kazakhstan as Provider of Crypto Exchange and Custody Services

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Authorities in Kazakhstan have granted Binance a license to operate as a digital asset platform and provide an array of relevant services. While working out of the nation’s financial hub in the capital Nur-Sultan, the crypto exchange will offer registration to…

Kasachstan untersucht Krypto-Mining-Hotel, das angeblich als Schneeballsystem fungiert

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Die Behörden in Kasachstan haben im Rahmen eines laufenden Vorgehens gegen illegale Aktivitäten im Zusammenhang mit Kryptowährungen eine Untersuchung eines Bergbauhotelunternehmens eingeleitet, das im Verdacht steht, eine Kryptopyramide zu sein. Die Platform, namens Bincloud, lockte Investoren durch beliebte Messaging-Apps an. Bincloud…

Chinesische Krypto-Vorschriften zwingen die NFT-Gaming-App Stepn, Benutzer vom Festland zu blockieren

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China’s Anti-Krypto-Vorschriften haben Berichten zufolge den nicht fungiblen Token erzwungen (NFT) Spiel, Stepn, Nutzer vom Festland ab Juli auszuschließen 15. Kurz nach der Ankündigung, Stepn’s In-Game-Kryptowährung soll kurz vorbeigekommen sein 38%. Stepn Adheres to Local…

Kasachstan geht gegen illegalen Bergbau vor, Büsten 13 Krypto-Farmen

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Authorities in Kazakhstan have gone after illegal crypto mining operations amid ongoing issues with electricity supply. Working together with law enforcement, das Land’s energy ministry announced the closure of over a dozen facilities minting digital currencies. Government Shuts Down Unauthorized Crypto…

Prüfbericht: Chinesische Zollbehörde beschlagnahmt 49 Alte ASIC-Antminer

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Chinese authorities continue to crackdown against bitcoin miners after they seized 49 second-hand Bitmain ASIC Antminers from unnamed individuals that recently attempted to smuggle in the devices using falsified documents. Devices to Be Disposed of in Accordance With Regulations Huangpu Customs…

Der Stromverbrauch steigt in Irkutsk, da immer mehr Russen mit dem Schürfen von Kryptowährung beginnen

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Stromversorger in der russischen Region Irkutsk haben einen Anstieg des Stromverbrauchs in Wohngebieten registriert, den sie auf das Kryptowährungs-Mining zurückführen. Flugzeuge mit Bergbauausrüstung aus dem eingeschränkten China landen weiterhin in der Region, und Fälle von…

Regulierungsbehörde wiederholt Forderung nach EU-Verbot von Proof-of-Work-Mining

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The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed at meeting climate change goals such as those set in the…