(Bloomberg) — Germany is days from halting piped oil imports from Russia, creating pressure to find alternatives. Most Read from Bloomberg The nation’s economy ministry in Berlin confirmed on Tu...
Tag: Kazakh
Kazakh Cops Capture Crypto Mining Kidnappers
Authorities in Kazakhstan have apprehended 23 people accused of coercing an IT professional into running an illegal cryptocurrency mining operation. The Ministry of Internal Affairs and Kazakhstan’s n...
Russia Targets Europe With a Commodity Weapon: Kazakh Crude
(Bloomberg) — Russian President Vladimir Putin has found another weapon to use against European countries supporting Ukraine — Kazakhstan’s crude — and it will cost him almost nothin...
Kazakh Government Releases Q1 2022 Crypto Earnings Info
Once the world’s second-biggest safe haven for crypto miners, Kazakhstan has seen rapid changes in regulations since the beginning of this year. The nature of most of these changes is largely restrict...
Here’s how much Kazakh gov’t made off crypto mining in Q1 2022
The government of Kazakhstan, one of the world’s largest countries by Bitcoin (BTC) mining hash rate distribution, has reported budget earnings derived from cryptocurrency mining. On Monday, Kazakhsta...
EXMO.com Stops Serving Russian, Belarusian, and Kazakh Clients
Crypto trading services provider, EXMO.com confirmed today that it has left Russia and Belarus. The company has decided to sell its crypto business in Russia and Belarus. The crypto firm noted that se...
Kazakh Government Cracking Down on Crypto Miners
Key Takeaways Dozens of crypto mining facilities in Kazakhstan have shut down, according to the country’s Financial Monitoring Agency. So far, 55 mining facilities have voluntarily ceased operat...
Kazakh officials seize 360 illegal Bitcoin ASICs amid push for higher mining tax
Kazakhstan’s authorities have confiscated 360 specialized Bitcoin ASICs as part of the country’s ongoing campaign to weed out “gray” crypto miners. According to an announcement published by the Financ...
Kazakh Government Blocks Crypto Mining Until February
Key Takeaways The government of Kazakhstan has halted cryptocurrency mining from Jan. 24 to Feb 1. The state-run power grid operator Kegoc will not supply power to miners until next month. Kazakhstan ...
Kazakh Miners Subsisting in Nation, Will They Move?
Kazakhstan’s political crisis has forced miners in nation to think about moving outside the country. Issues in the sector were looming well before internet’s blackout and riots in Kazakhstan, creating...
Kazakh BTC miners could migrate to the US due to an energy crisis
After China announced a blanket ban on crypto mining, most miners went offline, given that at the time, China was the largest Bitcoin mining hub. The increased regulatory risk of miners operating in C...
Share price of Kazakh superapp Kaspi plummets as unrest continues
The share price of Kaspi, the LSE-listed fintech super-app used by around half of the Kazakh population, has fallen sharply as the country experiences a period of turbulence. The stock hovered at $113...
Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4%
On Wednesday, Kazakhstan, the second-largest country in the world when it comes to Bitcoin (BTC) mining hash rate, experienced unprecedented political unrest due to a sharp rise in fuel prices. As a r...