crypto

Authorities in Ukraine have unearthed a cryptocurrency mining farm allegedly stealing electricity within Vinnytsia city, southwest of Kyiv. A statement from the Ukraine Security Service indicates that the July 8th discovery also resulted in the confiscation of mining devices, including 5,000 computers and Sony PlayStation 4 consoles alongside graphic cards. The mining farm wasRead More →

crypto

Kiklabb, the Dubai Government-owned Foreign Direct Investment (FDI) liaison, is now accepting cryptocurrencies as a payment option for trade licenses and visa fees, according to the Khaleej Times. Entrepreneurs from around the world will now be able to set up and scale up more easily in Dubai as well as theRead More →

crypto

After the bear market of 2018, Bitcoin has performed well in the current year. Two Chinese Bitcoin mining giants, Bitmain & Canaan, want to capitalize by taking the companies to the public. The second quarter of 2019 officially marked the end of the “crypto winter,” and saw bitcoin rally byRead More →

Chinese cryptocurrency mining titan Bitmain confirmed the restructuring of the company in order to “build a long-term, sustainable and scalable business.” In a statement to CBNN, a Bitmain representative said: “There has been some adjustment to our staff this year as we continue to build a long-term, sustainable and scalable business. ARead More →