Popular crypto brokerage platform SBI Holdings has announced that it will leave Russia’s crypto mining sector in the coming weeks. According to the official statement from the firm, the decision was m...
Tag: operations
SBI Holding Plans To Shut Down Mining Operations in Russia
9 seconds ago | 2 mins read Bitcoin News The company not only mines Bitcoin but also Bitcoin Cash and Bitcoin SV. The precise date when SBI will end its cryptocurrency mining in Russia is still unknow...
Japan’s Financial Giant SBI Group to Shut Down Crypto Mining Operations in Russia
Japanese financial giant SBI Group announced that it will shut down its crypto mining operations in the entire country of Russia. Since the outbreak of the big Russian-Ukrainian war on February 24 thi...
Celsius’s Request to Sell Mined BTC to Fund Operations is Approved
Despite cost concerns, a New York Bankruptcy Judge approved cryptocurrency lending company Celsius’s request to sell mined BTC. According to recent reports, a US bankruptcy court has approved the sale...
SBI Holdings to Shut Down Crypto Mining Operations in Russia
Japanese financial services giant SBI Holdings is planning to shut its crypto-mining operations in Siberia, Russia, Bloomberg reported on Friday. SBI chief financial officer (CFO) Hideyuki Katsuchi sa...
Japan’s SBI Holdings to Close Mining Operations in Russia Due to Ongoing War: Report
Tokyo-based online financial services company SBI Holdings will shut down its crypto mining operations in Siberia, Russia. The company argued that the war between Russia and Ukraine is among the reaso...
South Korea to Investigate KuCoin Alongside 15 Crypto Exchanges for Unreported Operations
The South Korean Financial Services Commission (FSC) has put some cryptocurrency exchanges up for investigation under the claim that the concerned exchange companies are operating unlawfully in the co...
Celsius Network Cleared to Sell Mined Bitcoin to Fund Its Operations
With its bankruptcy proceedings well underway, Celsius Network’s customers are trying to point out what the green light at the end of the tunnel is. Beleaguered crypto lending platform Celsius Network...
Tencent’s Huanhe NFT Platform Shutting Down Operations Citing Uncertain Regulations.
Crypto space in China had faced the worst since the authorities banned cryptocurrencies and all related operations across the region. Users of crypto assets and non-fungible tokens within the country ...
Canadian regulatory body allows Crypto.com pre-registration for operations in Canada
Today, August 15, the cryptocurrency platform Crypto.com made the announcement that it has signed a pre-registration undertaking with the Ontario Securities Commission (OSC) in Canada. In particular,...
Tornado Cash DAO Decides to Freeze Operations After US Govt Crackdown –
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Hashstack Makes A Shift To Starknet, Improving Overall Operations
Advertisement     Hashstack, a non-custodial zk-native money market protocol is elated to announce its strategic shift to Starkware, developed Starknet. The shift all...
Bitcoin Miner Riot Blockchain Earned $9.5M for Curtailing Operations in Texas
Riot Blockchain reduced mining operations in Texas last month, as the state coped with surging energy demand amid a heatwave. Bitcoin mining company Riot Blockchain reportedly cut its mining operation...
Riot Blockchain Bitcoin production drops 28% YOY in July; offsets energy costs by curtailing some operations
Riot Blockchain, one of the world’s largest Bitcoin mining companies, said Aug. 3 that it mined 318 Bitcoin (BTC) in July, a decrease of around 28.21% compared to the same month in 2021 when it mined ...
Lockheed’s competitor L3Harris nabs $3 billion U.S. special operations contract
U.S. Special Operations Command (USSOCOM) awarded a contract under the Armed Overwatch program on August 1 to L3Harris Technologies (NYSE: LHX) and their Air Tractor’s AT-802U Sky Warden system. Notab...
SEC Philippines to investigate Binance over alleged illegal operations
Philippines’ think tank Infrawatch PH continues efforts to ban Binance in the country by asking more regulators to investigate the cryptocurrency exchange over alleged illegal operations. Infrawatch P...
Cryptocurrencies Are Essential For Ukraine’s Military Operations, High-Ranking Official Says
On July 26, Alex Bornyakov, Ukraine’s Deputy Minister of Digital Transformation, reasserted his support for cryptocurrencies on his Twitter account, saying they were “essential” for the country’s war ...
Mercado Brazil Eyes Regulatory Approval To Start Operations in Mexico
9 hours ago | 2 mins read Exchange News Mercado Bitcoin is going to obtain a licence in Mexico and operate very soon. This may be the biggest competition for the crypto exchange Bitso. Mercado Bitcoin...
Why Bitcoin Miners In Texas Have Suspended Mining Operations?
Bitcoin Miners have stopped mining operations in Texas to relieve pressure from the power grid. SATO CEO Nouzareth says managing loads of electricity through curtailment is beneficial for BTC miners....
Texas Bitcoin miners resume operations after shutting down due to high power demand
After weeks of inactivity as part of stabilising electricity usage, large-scale Bitcoin miners in Texas have resumed normal operations. The operators had halted mining activities following increased ...
Celsius Identifies Mining Operations as One Way of Recouping Losses Ahead of Reorganization Plans
Celsius has stated at a bankruptcy hearing that its mining outfit should be able to repay some creditors ahead of total reorganization. Embattled crypto loan company Celsius Network revealed its reorg...
Didi To Resume Normal Operations, Hong Kong Volumes Plummet
China Last Night KraneShares Key News Asian equities posted mixed results on light volumes as summer doldrums kicked in. The WSJ reported that “according to people familiar with the issue,” Didi will ...
Binance fined €3.3 million in Netherlands for unlicensed operations
Binance has been fined €3.3 million by De Nederlandsche Bank (DNB) for offering unlicensed crypto services to the country residents. The Dutch regulator said it considered Binance’s failure to registe...
Binance fined $3M over illegal operations in the Netherlands
Major global cryptocurrency exchange Binance is facing a penalty in the Netherlands after failing to obtain regulatory approval to operate in the country. The central bank of the Netherlands (DNB) has...
Celo Halts Blockchain Operations, Validators Working to Resolve Issue – crypto.news
The Celo blockchain has been experiencing downtime after the network’s production of new blocks abruptly stopped. The Celo team announced that validators are working to trace and resolve the issue, th...
CoinPayments Announces Shutting Down Operations Amid Crypto Winter
2 hours ago | 2 mins read Exchange News Before July 19, the company recommended customers remove their cash. CoinPayments blamed it on new Anti-Money Laundering (AML) legislation. Shortly after severa...
CoinPayment to Shut Down U.S. Operations on July 19, Warns Users to Withdraw Funds
Global crypto payment processor CoinPayment and its parent company UAB Ventures are on the verge of exiting the U.S. market due to heightened security obligations and market changes, BleepingComputer ...