Authorities in Malaysia have intensified a nationwide crackdown on illegal cryptocurrency mining, seizing more than 75,000 devices across over 3,000 raids since …
illegal
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Mining
Georgia targets illegal crypto mining with new electricity meters in Mestia
by shayaanby shayaanGeorgia is intensifying its fight against unauthorized cryptocurrency mining by rolling out new electricity meters across villages in the northwestern Mestia region, …
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Mining
Illegal Crypto Mining Farm With 10,000 Units Uncovered in Russia’s Ural Region
by shayaanby shayaanAuthorities in Russia have dismantled an illegal cryptocurrency mining operation in the Ural region, seizing approximately 10,000 mining units hidden inside industrial …
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Russian authorities are preparing to ban crypto mining in the capital city, the adjacent Moscow Oblast and parts of the Kursk region …
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Mining
Thai authorities bust illegal Bitcoin mining ring, seize equipment worth thousands
by shayaanby shayaanBitcoin mining is an energy-hungry business even when you’re paying for the power. When you’re not, it tends to attract attention from …
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Mining
Illegal BTC mining duo share 14-year sentence as mining difficulty hovers near all-time high
by shayaanby shayaanChina has been sparing no effort in dealing with users involved in illegal Bitcoin mining activities. It recently hit two men in …
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China’s Hainan provincial financial regulator warned the public after some entities promoted themselves as “Hainan International Data Asset Exchange,” “Hainan Data Exchange,” …
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Regulation
Justin Sun Reaffirms Zero-Tolerance Policy on Illegal Activities at Tron
by shayaanby shayaanTRON founder Justin Sun says his companies maintains zero tolerance against illegal activities like embezzlement, unauthorised computer access and bribery. He threatened …
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In brief The Netherlands Gambling Authority has ordered Polymarket to cease operations in the country, on penalty of fines of €420,000 ($462,000) …
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Regulation
Russia drafts penalties for illegal crypto use amid calls to fast-track legalization
by shayaanby shayaanRussia’s monetary authority is behind a new proposal to punish those conducting unregulated operations with cryptocurrencies in the country. The news coincides …