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Massive Mining Farm Shutdowns In Kazakhstan
Massive Mining Farm Shutdowns In Kazakhstan
News  •  Bitcoin  •  Mar 15, 2022 by Deniz Saat

On March 15th, 2022 the Financial Monitoring Agency (FMA) of the Republic of Kazakhstan released a report that shows their progress on enforcing a ban for unregistered Bitcoin and cryptocurrency miners. Kazakhstan has been experiencing rolling blackouts since the beginning of the year and government agencies have taken steps to

El Salvador's Chivo Wallet to See Needed Improvements
El Salvador's Chivo Wallet to See Needed Improvements
News  •  Bitcoin  •  Mar 15, 2022 by Philipe F

When Bitcoin was announced as legal tender in El Salvador, thousands of Salvadorians eagerly downloaded the Chivo wallet furnished by the countries government. However, many users experienced challenges and the hyperbitcoinization dream was slowed. After several user complaints about the Chivo wallet, El Salvador reached out to Alpha Point, which

UK's NCA Looks to Regulate "Crypto Mixers"
UK's NCA Looks to Regulate "Crypto Mixers"

The United Kingdom’s National Crime Agency (NCA) has announced its plans to regulate “crypto mixers” to decrease criminals’ money laundering activities. The agency is concerned that criminals looking to launder funds are using this practice to allow themselves greater protection and anonymity.   Coin mixing is essentially the practice of

News  •  Technology  •  Mar 16, 2022
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UK's NCA Looks to Regulate "Crypto Mixers"
UK's NCA Looks to Regulate "Crypto Mixers"

The United Kingdom’s National Crime Agency (NCA) has announced its plans to regulate “crypto mixers” to decrease criminals’ money laundering activities. The agency is concerned that criminals looking to launder funds are using this practice to allow themselves greater protection and anonymity.   Coin mixing is essentially the practice of

News  •  Technology  •  Mar 16, 2022
Massive Mining Farm Shutdowns In Kazakhstan
Massive Mining Farm Shutdowns In Kazakhstan

On March 15th, 2022 the Financial Monitoring Agency (FMA) of the Republic of Kazakhstan released a report that shows their progress on enforcing a ban for unregistered Bitcoin and cryptocurrency miners. Kazakhstan has been experiencing rolling blackouts since the beginning of the year and government agencies have taken steps to

News  •  Bitcoin  •  Mar 15, 2022
El Salvador's Chivo Wallet to See Needed Improvements
El Salvador's Chivo Wallet to See Needed Improvements

When Bitcoin was announced as legal tender in El Salvador, thousands of Salvadorians eagerly downloaded the Chivo wallet furnished by the countries government. However, many users experienced challenges and the hyperbitcoinization dream was slowed. After several user complaints about the Chivo wallet, El Salvador reached out to Alpha Point, which

News  •  Bitcoin  •  Mar 15, 2022
UK's Warning to Bitcoin and Crypto ATM Owners
UK's Warning to Bitcoin and Crypto ATM Owners

The Financial Conduct Authority (FCA) in the United Kingdom issued a warning on March 11th, 2022 to Bitcoin and cryptocurrency ATM (CATM) owners that all of their kiosks must be registered with FCA and comply with UK Money Laundering Regulations (MLR).  In a statement, the FCA claims that none of

News  •  Bitcoin  •  Mar 11, 2022
Iran's Tight Crypto Mining Conditions
Iran's Tight Crypto Mining Conditions

After a four-month mining ban, crypto miners will now be able to resume operations in Iran. The ban was due to blackouts that began back in December after more than 600 megawatts of energy was being used by illegal mining operations.  However, new mining licenses will be difficult to obtain

News  •  Politics  •  Mar 10, 2022
Ukraine Cancels Airdrop for Crypto Donors
Ukraine Cancels Airdrop for Crypto Donors

While the country of Ukraine has been fighting off a war against invading Russians, Bitcoin and crypto users all around the world have donated their assets to help Ukraine fund their military. To respond and give thanks to the community, Ukraine announced an airdrop which would give back some crypto

News  •  Altcoins  •  Mar 03, 2022
Ukraine War Effort Donations Rewarded With Airdrop
Ukraine War Effort Donations Rewarded With Airdrop

Airdropping crypto, a relatively new method of reverse-crowdfunding, could have huge impact in the geopolitical environment. Airdrops typically involve businesses or crypto projects creating tokens or NFTs to give to their communities as a way to monetarily incentivize adoption of a project. Since the Ukraine has been fighting off a

News  •  Altcoins  •  Mar 02, 2022
Specs for Intel’s Second Generation ‘Bonanza Mine’ Revealed
Specs for Intel’s Second Generation ‘Bonanza Mine’ Revealed

Information included in a recent SEC filing from Bitcoin mining company GRIID revealed details about Intel’s second generation “Bonanza Mine” Bitcoin miner. The mining system, referred to as BMZ2, apparently provides 135 TH/s at 3510W, with an efficiency of 26 J/THs. The miner is priced at nearly

News  •  Bitcoin  •  Feb 28, 2022
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