Regulation
BIT Mining to invest US$9M in crypto mining in Kazakhstan
Chinese crypto mining firm BIT Mining is investing US$9.33 million to construct and operate a mining data center in Kazakhstan.
Michelle Lim
Lens
Mining
-
-
Regulation
Inner Mongolia takes steppes to tighten crypto mining ban
The Chinese region of Inner Mongolia – once a thriving cryptocurrency mining hub that has recently enacted a series of measures to rein in the sector – has unveiled eight new proposals designed to give added force to its recently imposed, all-out ban on crypto mining.
Kelly Le
-
Altcoins
Cardano sees US$10M inflows as big investors switch to proof-of-stake coins
Amid declines in Bitcoin and Ethereum, Cardano and its native cryptocurrency ADA saw US$10 million inflows as institutional investors switch to proof-of-stake coins.
Michelle Lim
-
Regulation
China’s cryptocurrency mining sector becomes target of fresh clampdown
Chinese authorities’ latest regulatory offensive against the crypto industry may not be as bad for the sector as it appears.
Kelly Le
-
Bitcoin News
Marathon to host 73,000 Bitcoin miners in Texas as Chinese exodus looms
Marathon Digital Holdings has announced a deal with Compute North to host 73,000 of Marathon's Bitcoin miners at a new data center in Texas.
Michelle Lim
-
Bitcoin News
Bitcoin rallies as Elon Musk meets with miners in green energy push
Bitcoin has rallied to nearly US$40,000, boosted by tweets from Tesla founder Elon Musk and MicroStrategy CEO Michael Saylor announcing that they have met with North American miners of the cryptocurrency to promote a renewable energy initiative.
Lucas Cacioli
-
Crypto Trading and Strategies
Bybit crypto derivatives exchange launches cloud mining for Ether
Crypto exchange Bybit is launching cloud mining to provide exposure to Ether. What happens when Ethereum moves from proof of work to proof of stake?
Michelle Lim
-
Regulation
China announces plan to crack down on Bitcoin mining
The price of Bitcoin fell by over 10% following an announcement by China’s State Council today that it is planning to crack down on Bitcoin mining and trading and “resolutely prevent the transmission of individual risks to society.” Fast Facts: The 51st meeting of the State Council Financial Stability and Development Committee called for the […]
Michelle Lim
-
Bitcoin News
Meitu, Chinese crypto-invested firms’ stock slammed by Bitcoin crash
Hong Kong-listed beauty app Meitu and other companies that have invested in cryptocurrencies have seen millions of dollars wiped off the value of their stock following the huge global Bitcoin sell-off this week.
Kelly Le
-
Bitcoin News
What’s really behind the Bitcoin market crash? Tether USDT lifts veil on reserves. Facebook-backed Diem going to California.
Other top blockchain and cryptocurrency news: BlockFi’s accidental BTC millionaires. China's Inner Mongolia asks citizens to report illegal crypto mining.
Forkast.News
