ASIC fires industry warning shot as it sues BPS Financial over crypto promo
The Australian securities regulator is pursuing BPS Financial Pty Ltd for allegedly making false and misleading representations, and engaging in unlicensed conduct.
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Three Aussie crypto funds halted as regulator cites non-compliance
Three funds tracking Bitcoin, Ethereum, and FileCoin have been issued interim stop orders by Australia’s market regulator due to "non-compliant" target market determinations.
SAI Tech Reveals 2 New Liquid Cooling Bitcoin Mining Containers Built for Overclocking Flexibility
On September 28, the bitcoin mining operator and clean-technology company, SAI Tech, announced the launch of two liquid cooling bitcoin mining infrastructure products called the Tankbox and Rackbox. The two…
Australia’s markets regulator to prioritize shielding citizens from crypto harm
Part of its actions will include raising public awareness about the risks inherent in crypto-assets and decentralized finance.
Canaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits
This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior vice president Edward Lu says the industry is “evolving toward a positive long term.”
Popularity of Crypto Investments Makes Case for Regulations, Australian Securities Watchdog Says
High rates of crypto ownership, with purchases often made on advice from Youtube and Facebook, make “a strong case for regulation,” according to the Australian Securities and Investments Commission. The…
Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022
This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity and revealed plans to create 130 full-time jobs in the…
Core Scientific to increase ASIC server capacity by 75 MW
The Nasdaq-listed Bitcoin miner expects to generate $50 million in annual revenue once the ASIC servers are fully operational.
Not just Bitcoin price: Factors affecting BTC miner profitability
As many crypto holders are gearing up for a bear market, what are the factors influencing the mining business?
Could Bitcoin miners’ troubles trigger a ‘death spiral’ for BTC price?
Forced selling from Bitcoin miners raises concern about BTC price, but the use of renewable energy and the oil and gas industry’s growing interest in BTC are longterm positives.