Official Notice Says Cheap Electricity to End for Inner Mongolian Bitcoin Miners

Regional reports say that officials from Inner Mongolia delineated 21 bitcoin mines, as the region plans to stop subsidized electrical rates for certain data firms. Unless the bitcoin mining facilities pack up and migrate, mining farms may see an electrical price increase by one third. The Chinese newsdesk Weixin revealed that bitcoin mining farms located … Read more

Bittrex Global Announces Listing of Sensorium (SENSO)

Los Angeles, California, August 25th, 2020 – The global cryptocurrency exchange Bittrex Global has announced the listing of SENSO token, the in-platform currency of Sensorium Galaxy, a social VR platform that rethinks the way people interact with each other and experience the arts. Developed on the Ethereum platform, SENSO token drives all value transactions within … Read more

Hyperinflation and Currency Collapse Fears After Zambian President Fires Central Bank Governor

Zambian President Edgar Lungu fired the country’s central bank governor Denny Kalyalya last week sparking fears that government wants to end the institution’s independence. Kaylalya was immediately replaced by Christopher Mvunga who reportedly has close ties to the President. The abrupt decision, which sent shockwaves across Zambian financial markets, saw the country’s currency, the Kwacha … Read more