Auto Added by WPeMatico

Malaysia Loses Over $700 Million Worth of Electricity to Illegal Crypto Miners, Says Minister

According to a government minister, Malaysia lost $727 million worth of electricity stolen by illegal crypto miners between 2018 and 2023. The minister also warned that power companies have methods…

Continue ReadingMalaysia Loses Over $700 Million Worth of Electricity to Illegal Crypto Miners, Says Minister

Worldcoin Launches World Chain Developer Preview, Targets Increased Scalability

Worldcoin, the biometric ID and UBI project, has announced the launch of the developer preview of World Chain, a new blockchain that will allow it to scale beyond the numbers…

Continue ReadingWorldcoin Launches World Chain Developer Preview, Targets Increased Scalability

Greenidge Expands Bitcoin Mining Operations in Mississippi

Greenidge Generation Holdings Inc. has expanded its bitcoin mining operations with a new site in Mississippi. The site, which went live on July 1, 2024, features 2,400 bitcoin miners and…

Continue ReadingGreenidge Expands Bitcoin Mining Operations in Mississippi

From 50,000 to 4,925 BTC: Germany’s Bitcoin Sell-off Continues

Germany now holds fewer than 5,000 bitcoin following its recent divestment on Thursday. Since 9 a.m. EDT that day, wallets operated by the German government transferred 5,000 BTC, reducing its…

Continue ReadingFrom 50,000 to 4,925 BTC: Germany’s Bitcoin Sell-off Continues

US Spot Bitcoin ETFs Achieve Fourth Day of Consecutive Inflows

U.S. spot bitcoin exchange-traded funds (ETFs) marked their fourth consecutive day of inflows, capturing $147.37 million on Wednesday. Fidelity’s FBTC led by drawing in $57.79 million during the trading sessions.…

Continue ReadingUS Spot Bitcoin ETFs Achieve Fourth Day of Consecutive Inflows

German Government Sheds Over 3,100 BTC, Now Holds Less Than 10,000 Bitcoins

At 9:50 a.m. on Wednesday, the German government held 13,110 BTC. By 8:30 a.m. on Thursday, the stash had decreased to 9,925 BTC, with the wallets now holding below 10,000…

Continue ReadingGerman Government Sheds Over 3,100 BTC, Now Holds Less Than 10,000 Bitcoins

Microstrategy Announces 10-for-1 Stock Split to Make MSTR More Accessible to Investors

Microstrategy Inc. (Nasdaq: MSTR) announced a 10-for-1 stock split of its Class A and Class B common stock on Thursday, aiming to make its stock more accessible to investors and…

Continue ReadingMicrostrategy Announces 10-for-1 Stock Split to Make MSTR More Accessible to Investors

Lithuania Fines Crypto Firm $10M for Russian Sanctions Violations

The Lithuanian Financial Crime Investigation Service (FNTT) has fined the crypto firm Payeer nearly 9.3 million euros ($10 million) for international sanctions violations and anti-money laundering (AML) breaches. Specifically, Payeer…

Continue ReadingLithuania Fines Crypto Firm $10M for Russian Sanctions Violations

Los Angeles Sparks Extend Partnership With Crypto.com Arena Until 2029

The Los Angeles Sparks, one of the most successful teams in the Women’s National Basketball Association (WNBA), have signed a five-year extension with Anschutz Entertainment Group (AEG) to continue playing…

Continue ReadingLos Angeles Sparks Extend Partnership With Crypto.com Arena Until 2029