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The crypto mining crisis in Abkhazia is closely reaching its boiling point following the burnout of a power substation amid the refusal of both illegal and legal crypto miners to slow down their operations in the state. Crypto Mining Crisis Abkhazia Keeps Worsening Sputnik Abkhazia has reported that an incident happened over the weekend, specifically … Read more
A multinational electronic giant and a well-known manufacturer of Apple products is the latest victim of a millionaire ransomware attack deployed over the Thanksgiving weekend on one of its branches. Apple’s Manufacturer Is the Latest Victim of Well-Known Ransomware Gang Foxconn, a publicly-traded Taiwanese company and one of the largest electronics manufacturing firms, suffered a … Read more
Chinese authorities are launching a national crackdown against fraudulent SIM card and bank account schemes. The latest detained under this operation is one of the founders of a Hong Kong-based cryptocurrency exchange CEO Global (ceobi). Crypto Exchange Founder Taken Into Custody by Chinese Police Amid Nationwide Crackdown According to an announcement published by CEO Global, … Read more
Executives from Facebook’s ‘Diem’ Association, Circle, Soramitsu, and Coinbase discussed how and when digital currencies will go mainstream, at the Singapore Fintech Festival. Go to Source Powered by WPeMatico
Microstrategy Inc., said Monday that it is planning to sell $400 million in convertible senior notes to private investors so that it could buy more bitcoin. The Nasdaq-listed business intelligence and mobile software company already holds 40,824 bitcoin (BTC) in reserve, valued at $776 million at current prices of around $19,000 per each bitcoin. On … Read more
A new report says institutional investors pumped $429 million into cryptos and cryptocurrency funds in the week ending December 7. The figure, which is the second-highest on record, pushes to the total value of digital assets under management (AUM) to an all-time peak of $15 billion. The largest weekly inflow on record is $468 million … Read more
Russian crypto exchange BTC-e’s operator Alexander Vinnik has now been sentenced to five years in prison by a French court and fined 100,000 euros. He was arrested over three years ago in Greece, extradited to France, and is wanted in the U.S. and Russia. Vinnik Sentenced After 3+ Years Alexander Vinnik, the operator of the … Read more
To say the emergence of the novel coronavirus has changed the way we live our lives would be an understatement. With many companies shifting to remote work and schools switching to digital learning, most of us have been spending a lot more time at home. Additionally, to help curb the spread of this highly infectious … Read more
A pro-Crypto Chilean NGO hosted a series of conferences on cryptocurrencies and blockchain topics for educational purposes, named Cryptonight 2020, where they announced the preparation of a proposal to submit it in the context of the drafting of a new constitution and the release of a crypto blacklist. Chilean NGO to Submit a Proposal for … Read more
The “Silk Road” movie has been acquired by Lionsgate and will soon be released in the U.S. The movie features Silk Road marketplace founder Ross Ulbricht and events leading to his arrest. Silk Road Movie Coming Soon An upcoming feature film titled “Silk Road” will hit theatres in the U.S. in February, according to Lionsgate, … Read more