ASIC – DIGIT INFO

LAPD Recovers $6.9 Million Worth of Stolen Bitcoin Mining Rigs, Suspects in Custody

The Los Angeles Police Department (LAPD) has apprehended three individuals following the theft of bitcoin mining equipment valued at $6.9 million. The Commercial Crimes Division’s Cargo Theft Unit announced the retrieval of all stolen items. California Authorities Arrest Trio for Stealing Bitcoin Mining Hardware On March 19, 2024, the LAPD, along with detectives from the […]

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Riot Platforms buys $291M in BTC rigs as miners rakes in from Ordinals

It adds to a prior agreement in which Riot bought 33,280 miners from MicroBT. The term sheet was also updated, allowing Riot to buy another 265,000 miners in the future.

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Australian regulator sues crypto exchange over margin trading product

The regulator alleged that Bit Trade — which is the provider for Kraken in Australia — did not make a target market determination before offering its margin trading product to Australian customers.

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Bitcoin may hit $100K by capturing ‘even 2%–5% of gold’s market cap’ — Hut8 VP Sue Ennis

New developments in the Bitcoin mining space have Hut8 vice president Sue Ennis convinced that well positioned miners will thrive after the next BTC halving.

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Crypto firm Helio Lending gets bond sentence over false license claims

Melbourne-based crypto lender Helio Lending had previously pleaded guilty to falsely claiming it had an Australian credit license.

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Bitcoin mining researchers claim new tech ups winning hash chance by 260%

U.K.-based research company Quantum Blockchain Technologies has developed algorithmic search methods that boost Bitcoin mining efficiency and reward probability.

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Perfect storm for undervalued ASICs: Blockstream plans $50M raise to buy miners

Blockstream intends to buy and store ASIC mining hardware ahead of Bitcoin’s halving in 2024.

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Australian financial regulator sues eToro over ‘volatile’ trading products

The Australian Securities and Investments Commission alleged eToro users with no understanding of CFD product risks could still buy them on the platform.

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Australia’s financial regulator cancels license for FTX’s local entity

ASIC had previously suspended FTX’s license to operate in Australia, now the securities regulator has canceled it entirely.

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Bitcoin mining firms keep building despite BTC mining profitability slump

Crypto mining firm CleanSpark has been aggressively expanding its fleet of mining machines this year, despite mining profitability being far from its all-time highs.

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