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

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

Latam Insights: Boliivia müüb kulda dollarite eest, Argentina keelab Fintechi krüpto, Fitch uuendab El Salvadori krediidireitingut

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Tere tulemast Latam Insightsi, kokkuvõte viimase nädala kõige olulisematest krüpto- ja majandusarengu uudistest Ladina-Ameerikast. Selles numbris, Boliivia võttis vastu seaduse kulla dollarite eest müümiseks, the Central Bank of Argentina bans fintech…

China Warns of Global Financial Instability From US Economic Policies

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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…

Chip Giant Intel Abandons Bitcoin ASIC Production

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After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. Teisipäeval, a spokesperson for the chip manufacturer explained that Intel has “end-of-lifed the…

Saudi Araabia ja OPEC avaldasid üllatusena naftatootmise kärpimise; Valge Maja väidab, et kärped pole praegu soovitatavad

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Pühapäeval, Saudi Araabia ja mitmed suuremad naftatootjad teatasid oma plaanist vähendada naftatootmist 1.15 miljonit barrelit päevas, algab mais ja kestab kuni aasta lõpuni 2023. Saudi Araabia energiaministeeriumi andmetel, käik oli…

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

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USA. 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” ja “krüpto talv” 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…