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In recent mining news, it has been alleged that the CEO of Vietnam-based Sky Mining has fled the country with $35 million USD in investor funds in his possession. Meanwhile, in the US, Tmgcore has acquired a 100-megawatt data center in Dallas, Texas, and local media have reported that Bitmain will open a mining facility … Read more
The Securities Commissioner of South Carolina dismissed its previous order of nearly half a year ago against Genesis Mining. It’s rare, and some say this is a first for the state, as the Commissioner hasn’t previously withdrawn such an order. The company plans to resume services in the United States as a result. The case also … Read more
In recent mining news, Brookstone Partners has announced its intention to build a 900-megawatt wind farm in Dakhla, Morocco, Hydro-Québec has been given permission to charge cryptocurrency miners increased rates, and DMG has begun installing its 85-megawatt substation in Canada. Also Read: Crowd Psychology Driving BTC Prices, Finance Experts Say Brookstone Partners Plans 900 MW Wind … Read more
DMG Blockchain has started installing an 85 megawatt substation for a flagship crypto mining facility in Canada Go to Source Powered by WPeMatico
In the Google’s latest move against virtual currencies, cryptocurrency mining apps have been banned from the Google Play Store. Despite the ban, Google has indicated that it will continue to permit mining apps that mine for cryptocurrency from outside of a device, such as cloud-based mining. Also Read: Exchanges Round-Up: CME Volume Doubles Q2, Lawyer Predicts … Read more
The South Carolina securities regulator removed cease-and-desist orders against two blockchain startups that allegedly sold unregistered securities Go to Source Powered by WPeMatico
In recent mining news, AMD has reported declining sales of mining hardware during the second quarter of 2018, Hut 8 has claimed to now comprise the largest bitcoin mining company in Canada by operating power following the construction of its second facility, and Chinese authorities have shut down what they have described as “illegal” mining … Read more
Swiss regulator FINMA has launched enforcement proceedings against crypto mining firm Envion AG for its potentially unauthorized token sale in Dec. 2017-Jan. 2018 Go to Source Powered by WPeMatico
Canada’s Central Bank (BOC) released a working paper this month, Incentive Compatibility on the Blockchain. In it, BOC seems to argue the world’s most popular cryptocurrency, Bitcoin, is safe from a 51% attack, double spend scenario through the right incentive structure and proof of work (POW). Also read: Coinbase Flexes Muscle, Creates Political Action Committee … Read more
Vietnam’s securities watchdog has required local businesses not to engage in transactions with cryptocurrencies. The announcement follows a directive issued by the country’s prime minister earlier this year aimed at tightening what Vietnamese regulators call the management of crypto activities. Also read: China Releases Ranking of 31 Crypto Projects Securities Watchdog Asks Companies to Obey … Read more
