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Large Immersion Cooled Crypto Mining Farms to Extract Bitcoin in Middle East Desert

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A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (アラブ首長国連邦). The high-tech data centers will rely on a full immersion solution to cool the power-hungry miners as the desert climate renders air-cooled mining…

Brazil Bans Telegram Temporarily Due to Alleged Lack of Collaboration in Fight Against School Violence

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A federal judge in Brazil has ordered the temporary suspension of Telegram in the country and established hefty fines due to the supposed lack of collaboration of the company in a national crusade against school violence. Telegram failed to deliver information…

US Court Sentences Russian Crypto Ransom Launderer to Probation and Fine

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A Russian crypto entrepreneur, charged with laundering money from ransomware attacks, has been sentenced to probation and fined in the U.S. after pleading guilty. Founder of two coin trading platforms, Denis Dubnikov, was arrested in the Netherlands and extradited to the…

Latam Insights – Inflation Skyrockets in Argentina, El Salvador Processes Digital Assets Licenses, Venezuelan Crypto Corruption Probe Continues

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Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: Inflation in Argentina goes over 100%, El Salvador issues its first digital assets licenses, and the…

Tax Benefits for Bitcoin Businesses in Belarus Extended Until 2025

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Tax exemptions for companies and individuals legally working with cryptocurrencies in Belarus will remain in place until Jan. 1, 2025. A new presidential decree extends the tax cuts introduced in 2018 when the executive power in Minsk legalized crypto activities such…

Crypto Exchange Bitzlato Restores User Access to Half of Bitcoin Balances, 報告する

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Bitzlato users can now partially withdraw their bitcoin funds from the dismantled cryptocurrency exchange, according to a media report. The Russia-linked trading platform was targeted by Western law enforcement and had its France-based server infrastructure seized in January. Bitzlato Customers Allowed…

ロシア裁判所が派遣 3 暗号通貨強盗、厳重な体制の刑務所へ

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ロシア人3人が100万ドル以上の米国物品を盗んだ罪で厳重な刑務所で過ごすことになる. 別の男から1ドル相当の暗号通貨を受け取る. 加えて, 裁判所はまた、被害者に損害を全額補償するよう命じた, 検察が発表….

Crypto Groups on Russian Social Media Hit by Bots Discrediting Bitcoin

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Social media groups devoted to cryptocurrencies in Russia have been attacked by bots in what looks like a campaign against bitcoin and the like. Their comments on Russia’s largest social media platform are triggered by certain keywords like crypto and blockchain,…

Sao Paolo Court Ruled Against Binance in User Withdrawal Related Case

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A court in Sao Paolo, ブラジル, ruled against Binance in a case in which the leading cryptocurrency exchange faced a withdrawal-related complaint. A user, who introduced a lawsuit against the exchange because he couldn’t retrieve his funds from the platform, received…

Hacker Sent to Prison for Robbing Vietnamese Crypto Exchange

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Authorities in Vietnam have caught and sentenced a hacker who stole money and data from a local cryptocurrency exchange. The man, who was arrested and charged for extorting the trading platform’s owner, has been ordered to return the money he misappropriated….