Bitcoin’s Twitter account stated that the Federal Reserve is technically bankrupt. It also reported that the FED will post its first annual operating loss of $80 billion. The FED is also alleged to ha...
Tag: Operation
Is the crypto industry in danger? VC Nic Carter says Operation Choke Point 2.0 is well underway
Ad According to venture capitalist and longtime crypto supporter Nic Carter, the recent crackdown on the US crypto industry can be dubbed “Operation Choke Point 2.0.” Carter argues that inter-governme...
This New Crypto Fraud Operation Targets Latino Residents
Crypto enthusiasts and users understand the risks inherent in digital asset investments. Besides losing funds in price crashes, investors can lose money through scams, pump-and-dump schemes, exchange ...
Operation Choke Point 2.0: Is the US Coming for Crypto?
If FTX was a butterfly flapping its wings in the Amazon rainforest, “Operation Choke Point 2.0” is the torrential rain now pouring down over the US crypto industry. Biden’s White House, the Federal Re...
Former facilities worker who allegedly set up a secret cryptocurrency mining operation
After skipping a planned court appearance to respond to accusations, a former facilities worker who is accused of setting up a covert bitcoin mining operation inside a Massachusetts school’s cra...
Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits Australia – Mining Bitcoin News
The bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in Sharon, Pennsylvania. Reports detail that Mawson has delivered six modular p...
Operation Choke Point Could Be Crypto’s Biggest Regulatory Battle
The crypto industry remains on the cusp of potential overarching regulations and scrutiny from regulators across the globe. This is especially true in the United States, where federal watchdogs are tr...
Secret Network to Restructure as Nonprofit with ‘Transparent Operation’
The decentralized autonomous organization known as Secret Network, which regulates the blockchain with an emphasis on privacy, has apparently made the decision to reorganize its foundation so that it ...
Crypto Is Not Under Attack, SEC Chair Denies Operation “Choke Point”
U.S. authorities are cracking down on the crypto industry and seem ready to introduce stricter regulations against the nascent sector. Many predicted and feared what now seems to be materializing. The...
Russian government subsidizes Siberian crypto mining operation
The Russian government is giving incentives for crypto mining investors and $12 million in support for building a crypto mining operation in Siberia to solidify its positive disposition toward crypto ...
Russian government gives green light to crypto mining operation in Siberia
Ad The Russian government announced on Feb. 8 that it would start providing direct financial support to a cryptocurrency mining operation set to launch in Siberia later this year. According to Russia...
US Fed is in a Massive Crypto De-bank Operation, Panics Community
A Web3 leader said there is a draconian operation to de-bank crypto. Some people think it is an overblown FUD. Coinbase CEO stands against the SEC’s supposed intention to ban crypto staking. The crypt...
LocalBitcoins to Shut Down After 10 Years of Operation
LocalBitcoins, one of the earliest and most popular peer-to-peer Bitcoin exchanges, today announced that it is shuttering its business after more than ten years of operation. In its announcement, the ...
LocalBitcoins shuts down its services after 10 years of operation
In the most recent blow to the cryptocurrency market, LocalBitcoins, a peer-to-peer Bitcoin (BTC) exchange and one of the early crypto trading platforms that served as a gate for individuals to enter ...
LocalBitcoins shuts down after a decade in operation
Peer-to-peer bitcoin trading service LocalBitcoins is closing down after a decade in operation. “Regardless of our efforts to overcome challenges during the ongoing very cold crypto-winter...
OracleSwap suspends FTSO operation after private keys compromised
Flaremetrics has urged delegates on OracleSwap to revoke access and change to other FTSO operators, following a compromise of the validator’s private keys. OracleSwap is a DEX protocol on the Songbir...
NY County Sued over Approval of Crypto Mining Operation
Earthjustice filed a suit with the Supreme Court of Albany County. The lawsuit was filed citing violations of CLCPA in the approval of a PoW crypto mining operation. The 24/7 crypto mining operations ...
Coinbase Shuts Operation In Japan Citing Market Conditions
The cryptocurrency market, regardless of the ongoing “mini bull run,” is still a long way from its 2021 levels, with companies laying off staff and some even closing operations. The latest on the list...
Crypto Fraud Operation Worth Millions of Euro Busted in Serbia, Cyprus, and Bulgaria
Euro just busted a multimillion-euro call center crypto scam. Victims were lured into investing and then deceived. Prevention is better than cure. Wherever finance is involved, some bad actors try ...
Activists Sue New York For Approving Bitcoin Mining Operation
Despite the growing appeal of crypto and how it is reshaping the world’s financial markets, some people just don’t want anything to do with it. On January 13, two environmental groups named Clean Air ...
Hut 8’s BTC Mining Operation Halted over Power Disputes
Hut 8 and Validus had a partnership where both accused the other of breach of contract. Validus has stopped the power supply to the facility, halting all its operations. They both partnered to bring ...
SushiSwap Head Chef discloses $5.2M budget for DAO operation in 2023
SushiSwap Head Chef Jared Grey has disclosed that the DAO will spend about $5.2 million for its operating costs in 2023, with over 80% of the budget going to salaries. Grey said he was making SushiSwa...
Police in China dismantles billion-dollar crypto money laundering operation
Inner Mongolian police have detained sixty-three people in connection with an alleged conspiracy to launder more than 12 billion yuan ($1.7 billion). Ten million yuan laundered monthly According to Ch...
SushiSwap drops like a rock as DEX liquidity crunch threatens its operation
A significant liquidity loss threatens to render the SushiSwap (SUSHI) decentralized exchange (DEX) inoperable, according to a recent governance proposal. SushiSwap CEO Jared Grey wrote in a recent go...
Ethereum L2 NFT marketplaces suspend operation indefinitely – crypto.news
Quix on Optimism and Stratos on Arbitrum announced that they would cease operations while they open-sourced their code. Transactions by NFT collectors will be directed to OpenSea. The “sibling” NFT ma...
BitNile Holdings Issues October Bitcoin Production and Mining Operation Report
LAS VEGAS–(BUSINESS WIRE)–$AP #ARBK—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”) today published an unaudited update on Bitcoin production a...
THORChain Resumes Operation After 20-hour Outage
In an email to CoinDesk on Friday morning, a representative for THORChain said “[a]s of 10:20 AM (ET) on Friday, the network pause has been lifted and THORChain mainnet is once again producing b...
Coinbase earns a new license to further its operation 1
Coinbase has announced that its Singapore-based branch has been awarded an in-principle license to operate across the country. The license was awarded to the exchange through the regulatory body, the ...
Binance resumes BSC bridge operation after 2M BNB exploit
The BNB Smart Chain resumed its operations shortly after an attacker drained 2 million BNB from the cross-chain bridge. Binance announced the suspension of deposits and withdrawals from its BNB chain ...
SWIFT Releasea Blueprint for Global CBDC Operation
As the majority of the world’s Central Banks are now developing or researching the prospects of Central Bank Digital Currencies (CBDCs), the Society for Worldwide Interbank Financial Telecommunication...
Phantom Auto Buys Voysys To Boost Remote Operation Capabilities
Phantom Auto remotely operated forklift carrying a pallet in a warehouse. Phantom Auto Silicon Valley startup Phantom Auto made its name developing software that makes it possible to operate forklifts...
Bank of England announces gilt market operation, GBP fails to bounce
In a stunning development to the sterling crisis, the Bank of England announced today that it would start buying government bonds to support financial markets. As explained here, financial markets and...