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Five Siberian Power Plants Attracting Crypto Miners With Surplus Electricity

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Cryptocurrency miners will soon be able to benefit from surplus electricity and the cold climate at five power plants located in Siberia. Russian energy company En+, which owns those power plants, is already in talks with investors to build crypto mining farms near them. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies … Read more

Markets Update: Bitcoin Recovers to Test $10,000 Area

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The BTC markets have ramped up to test the $10,000 USD area on leading exchanges following a break above resistance at $9,000. Bitcoin has recovered by more than 60% since testing the $6,000 area on February 6th. Also Read: Coinbase Develops Bitpay Competitor Supporting BTC, BCH, ETH and LTC Bitcoin Tests $10,000 Bitcoin has produced bullish … Read more

Coincheck Produces Recovery Plan While Investors Flock to Withdraw Funds

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Japanese cryptocurrency exchange Coincheck has submitted a report to the country’s financial authority outlining measures it will take following the hack that lost 58 billion yen worth of the cryptocurrency NEM from its platform. However, customers rush to withdraw 40.1 billion yen of their funds so far as the exchange resumes yen withdrawal service. Also … Read more

Hong Kong Crypto Traders Turn to U.S. Futures Markets

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An increasing number of Hong Kong-based cryptocurrency traders are reportedly turning to U.S.-based bitcoin futures. The shift away from domestic markets has been spurred by a perception that the American futures markets receive greater regulatory oversight than Hong Kong’s unregulated cryptocurrency exchanges. Also Read: Bank of Thailand Bans Banks From Cryptocurrency Activities Demand for Exposure to … Read more