Auto Added by WPeMatico

Closure of Bitcoin Mining Center Causes Spike in Power Bills for Citizens in Norwegian Municipality

The recent closure of a Bitcoin data center in the Norwegian municipality of Hadsel has resulted in power hikes for citizens due to the inability to allocate the energy used…

Continue ReadingClosure of Bitcoin Mining Center Causes Spike in Power Bills for Citizens in Norwegian Municipality

Two-Year Investigation Yields Partial Recovery in Crypto Scam

San Luis Obispo County Sheriff’s detectives in California, United States, have recovered nearly $5,000 of the $17,000 stolen in a cryptocurrency scam targeting victims in Los Osos two years ago.…

Continue ReadingTwo-Year Investigation Yields Partial Recovery in Crypto Scam

Network Latency Drives Solana Validator to South Africa’s Commercial Hub

Superfast founder Martin Tromp has launched a Solana validator in one of Teraco’s Johannesburg data centers. Solana is a fast, scalable blockchain platform competing with Ethereum. As a proof-of-stake system,…

Continue ReadingNetwork Latency Drives Solana Validator to South Africa’s Commercial Hub

Nigeria Accuses Four Crypto Traders of Forex Regulations Violations

The Nigerian government has filed criminal charges against four individuals and several firms for allegedly conducting illegal crypto transactions, including USDT to naira conversions, without a banking license. The four…

Continue ReadingNigeria Accuses Four Crypto Traders of Forex Regulations Violations

Moonpay Secures Registration to Offer Digital Currency Exchange Services in Australia

Moonpay has successfully registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) to provide digital currency exchange services in Australia. This registration will enable Moonpay to establish local payment…

Continue ReadingMoonpay Secures Registration to Offer Digital Currency Exchange Services in Australia

Hong Kong SFC Seeks Industry Feedback on New Licensing Rules for OTC Crypto Services

Hong Kong’s Securities and Futures Commission (SFC) is actively seeking input from industry participants on proposed new licensing regulations for over-the-counter (OTC) cryptocurrency services. The initiative aims to establish a…

Continue ReadingHong Kong SFC Seeks Industry Feedback on New Licensing Rules for OTC Crypto Services