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National Power Administration of Paraguay Seizes 693 Miners in Illegal Bitcoin Mining Operation

The National Power Administration of Paraguay (ANDE) has recently detected and seized an illegal bitcoin mining operation hosting 693 miners. ANDE inspectors detected a tampered meter that failed to register…

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Report Reveals Hamster Kombat Faces Legal Action From Early Investors

Hamster Kombat, the Telegram tap-to-earn gaming sensation, is facing legal woes in Russia stemming from conflicts between its alleged creator, Eduard Gurinovich, and one of its early investors, Ad.ru, an…

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Bitcoin Investors Face Diverging Fortunes as Long-Term Holders Stay Steady, Glassnode Reveals

Bitcoin’s market dominance has reached 56% as long-term holders continue to accumulate despite turbulent market conditions, according to a comprehensive report by Glassnode. The latest onchain report highlights a divergence…

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Bitcoin Block 857,911 Delivers $1.12M to Antpool as Miners Enjoy Fee Windfall

On Thursday, Bitcoin network fees took a significant leap, crossing the $100 mark shortly after 8:45 a.m. EDT. However, this spike was short-lived as fees quickly dropped, settling at just…

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Wazirx to Resume INR Withdrawals Up to 66% — Crypto Withdrawals Remain Suspended

Indian crypto exchange Wazirx has announced that INR withdrawals will resume in phases starting on Aug. 26, following a cyberattack that disrupted services. To manage crypto balances, Wazirx plans to…

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Clucoin Founder Pleads Guilty to Crypto Fraud, Confesses to Personal Use of Investor Funds

The founder of cryptocurrency project Clucoin has pled guilty to wire fraud, admitting to diverting $1.14 million in investor funds for personal use, including gambling. Despite promoting the cryptocurrency for…

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Brazilian Securities Regulator Greenlights Second Solana Spot ETF

The Brazilian Securities Regulator (CVM) approved a solana spot exchange-traded fund (ETF) on Tuesday, the second of its kind in the country. According to data from the CVM database, this…

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Binance Launches Mobile Money Feature for Crypto Transactions in Africa

Crypto exchange Binance has launched its One Click Buy and Sell (OCBS) service in Africa, enabling users in Ghana, Tanzania, Uganda, and Zambia to buy and sell cryptocurrencies via mobile…

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Man Faces 20-Year Prison Sentence in Crypto Money Laundering Case

A Rhode Island resident has pleaded guilty to money laundering conspiracy linked to an international drug trafficking ring. The operation laundered over $25 million using cryptocurrency, with Villa directly involved…

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