Authorities in Kazakhstan have uncovered a scheme involving electricity companies illegally supplying power to cryptocurrency miners. Violations of Digital Mining Laws Authorities …
power
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Markets
Asia Morning Briefing: Bitcoin’s Thin-Liquidity Bounce Raises Questions on Staying Power
by shayaanby shayaanGood Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during …
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Mining
Crypto miners use 50 MWh of power intended for other consumers in Kazakhstan
by shayaanby shayaanFinancial and law enforcement authorities in Kazakhstan have unraveled a scheme to mine cryptocurrencies using illegally sourced electrical power. Losses caused by …
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Web3
Business Intelligence Tools Market Hits New High | Microsoft Power BI, Tableau, Qlik, MicroStrategy
by shayaanby shayaanBusiness Intelligence Tools Market HTF MI just released the Global Business Intelligence Tools Market Study, a comprehensive analysis of the market that …
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DeFi
Helios Finance Integrates Allora Network’s Real-Time BTC Predictive Price Feeds to Power Bitcoin Trading Products
by shayaanby shayaanHelios Finance, a centralized Bitcoin trading protocol, has announced its official collaboration with Allora Network, a decentralized AI network designed to offer …
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Mining
Bitcoin’s Hashrate Blasts to 970 EH/s as Mining Power Hits Insane New Record
by shayaanby shayaanOn Thursday, as bitcoin bounced back from recent lows, the network’s computing firepower hit a record-breaking 970 exahash per second (EH/s). From …
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DeFi
Strobe Finance Launches on Axelar Network to Power DeFi Capabilities, Cross-Chain Interoperability
by shayaanby shayaanStrobe Finance (STROBE) has disclosed its strategic collaboration with Axelar Network. Strobe Finance is a DeFi platform that offers decentralized finance products …
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The Bitcoin network is expanding on an industrial scale, with power-hungry mining rigs driving energy consumption to unprecedented highs even as the …
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Markets
Tether-Focused Blockchain Stable Raises $28M to Power Stablecoin Payments
by shayaanby shayaanStable, developer of a new blockchain built around Tether’s USDT, said it raised $28 million in a seed round led by Bitfinex …
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Regulation
Anti-CBDC bill could curb Fed’s power over digital dollar, sponsor says
by shayaanby shayaanRepresentative Tom Emmer, the sponsor of the US House’s Anti-CBDC Surveillance State Act, said the bill, if passed, would significantly limit the …