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Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Jahre

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Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, Lokale Medien berichteten. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures…

Latam-Einblicke: Bolivia Sells Gold for Dollars, Argentina Bans Fintech Crypto, Fitch Upgrades El Salvador’s Credit Rating

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Willkommen bei Latam Insights, ein Kompendium der wichtigsten Krypto- und Wirtschaftsentwicklungsnachrichten aus Lateinamerika der letzten Woche. In dieser Angelegenheit, Bolivia passes a law to sell gold for dollars, the Central Bank of Argentina bans fintech…

China warnt vor globaler finanzieller Instabilität durch die US-Wirtschaftspolitik

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China has urged the U.S. and other developed nations to assess the spillover effects of their economic and financial policies. “The economic and financial policies of the U.S. pose the biggest challenge to global financial stability,” according to the Chinese Ministry…

Der Chip-Gigant Intel gibt die Produktion von Bitcoin-ASICs auf

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Nach der Ankündigung der Produktion von Bitcoin-anwendungsspezifischen integrierten Schaltkreisen (ASICs), Intel, der weltweit größte Hersteller von Halbleiterchips nach Umsatz, scheint seine Blockchain-Chip-Produktion aufzugeben. Am Dienstag, Ein Sprecher des Chipherstellers erklärte, dass Intel dies getan habe “Lebensende…

Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now

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Am Sonntag, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was…

US Lawmaker Urges Government to Guarantee All Deposits to Avoid Runs on Smaller Banks

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A U.S. congressman has urged the federal government to temporarily insure every bank deposit in the country. Following the collapses of several major banks, he stressed that if the government does not do this, there will be a run on smaller…

Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil

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According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary. A company spokesperson cited deteriorating “macroeconomic conditions” und die “crypto winter” as some of the reasons…

Binance Bans Russians From P2P Transactions With Dollars and Euros

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Cryptocurrency exchange Binance has introduced new restrictions for Russian users, in accordance with the latest European sanctions. The platform is restricting access to peer-to-peer (P2P) transactions in U.S. dollars and euros for traders based in the Russian Federation. Binance Prohibits US…

Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts

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Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the crypto market. “We are working hard to restart service as soon…

Philippine Authorities Rescue Alleged Victims of ‘Crypto Trafficking Ring’

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Philippine authorities say that they have rescued alleged victims of a “crypto trafficking ring” who were recruited to work in a call center in Cambodia and scam people out of their cryptocurrencies. The authorities are also investigating government employees who may…