Will UK Economic Secretary follow through with a ‘crypto crackdown’?
MP Tulip Siddiq called for crypto regulation as shadow economic secretary while in the opposition, and now the Labour Party is in control of the UK government.
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Chinese Holding Firm to Convert US Defense Department Data Center Into Crypto Mining Farm
Chinese holding company Wuhan General Group (China), Inc. has entered negotiations to transform a U.S. Defense Department facility into a crypto mining farm, according to a press release published September 11.Per the press release, in case of a successful outcome to the negotiation, the company will receive the first order of rigs in late October,…

Winklevoss Biographer Writes Newest, BTC-Heavy Episode of ‘Billions’
Crypto fans witnessed another episode of Billions featuring a plot focused on a Bitcoin mining operation. 2691 Total views 52 Total shares The world of cryptocurrencies figured prominently in the newest episode of the Showtime series Billions, which was broadcast on Sunday. The story revolved around a crypto mining scheme in a preparatory school. Notably, the episode…

Russia’s Central Bank tries to stem the tide of rubles leaving bank accounts
With the declared intent of reducing risk, the moves look to cut new investors off from opportunities to get out of the ruble. 3474 Total views 13 Total shares Beginning investors in Russia will soon find themselves with fewer options to beat plummeting interest rates offered at Russian savings accounts. In addition to the investors…

Report: Ethereum’s Gas-Guzzling Suspected Ponzi FairWin Funds at Risk
The biggest Ethereum contract in the industry, dubbed FairWin, is allegedly putting user funds at risk and continues to guzzle a major amount of gas on the network.Multiple crypto social media users have been analyzing what they believe to be the fastest-growing Ponzi scheme on Ethereum. On Sept. 27, blockchain developer Philippe Castonguay warned:“The http://FairWin.me…

Major Swiss Stock Exchange SIX Lists XRP Exchange Traded Product
According to its official website, Switzerland’s principal stock exchange, SIX, has listed a Ripple (XRP)-based Exchange Traded Product (ETP) today, April 2.As Cointelegraph reported in March, the exchange had already confirmed that it was planning to list the product, dubbed Amun Ripple (AXRP). Hany Rashwan, co-founder and CEO of Amun — the cryptocurrency derivative development…

MENA Climate Week notes blockchain’s potential for climate action
Panelists at the recent MENA Climate Week 2022 examined how blockchain technology can contribute to green initiatives.Hosted by Dubai’s Ministry of Climate Change and Environment, Dubai Electricity and Water Authority, and the World Green Economy Organization along with various institutions under the United Nations Environment Programme and in partnership with renewable energy groups, the event…

Scammers share crypto keys aiming to steal from wannabe thieves: Kaspersky
Kaspersky says scammers are targeting digital thieves — baiting them with keys to loaded-up crypto wallets and swiping any crypto added to pay fees.

New Bitmain Z11 Antminer Comes With Pledge to Preserve Values of Zcash
Cryptocurrency mining giant Bitmain has released a new version of its Antminer Z series machines for Equihash algorithm coins, the company confirmed in a blog post on March 19.The Antminer Z11, which comes around ten months after the release of its predecessor the Z9, claims to treble the hashing power available for its target cryptocurrencies.Equihash…