Bitcoin Mining Firm Cleanspark Purchases 10,000 Bitmain Miners for $28 Million

The bitcoin mining firm Cleanspark revealed on Wednesday that the corporate has signed a purchase order settlement for 10,000 new Bitmain Antminer S19j Professional mining rigs for $28 million. Cleanspark expects the... Read more »

Crypto Miners in Russia’s Irkutsk Region Fined Almost $1.7 Million This Year

Authorities within the energy-rich Russian area of Irkutsk have imposed hefty fines on crypto miners this yr for unlawful use of electrical energy to supply digital currencies. Energy utilities have additionally filed... Read more »

Opensea CEO Dismisses $200 Million Hack Rumor, Claims Incident Was a Phishing Attack

Opensea co-founder and CEO, Devin Finzer, has denied rumors that the non-fungible token (NFT) market’s codebase was breached and that attackers had stolen $200 million. Based on Finzer, an investigation had proven... Read more »

Bit Mining Secures $9.3 Million Registered Direct Offering From Institutional Investors

Bit Mining Restricted has introduced that it has entered a $9.Three million registered direct providing with particular institutional buyers. Bit Mining defined that it goals to make use of the funds from... Read more »

India’s ED freezes $46 million of Vauld’s funds on money-laundering charges

Singapore-based Crypto Lender Vauld is dealing with cash laundering fees in India after $46.5 million (3.70 billion Indian rupees) was frozen from its native entity, Flipvolt Expertise. India’s Enforcement Directorate (ED) confirmed... Read more »

Marathon Digital Posts Negative Q2 Results, but Increases Bitcoin Production 8% YoY

Marathon Digital, one of many largest mining firms within the Bitcoin ecosystem, has posted its monetary outcomes equivalent to the second quarter of the yr. The corporate revealed that even having elevated... Read more »

Robinhood Crypto Fined $30 Million by New York Regulator for ‘Significant Failures’ in Multiple Areas

The New York State Division of Monetary Companies (DFS) has fined Robinhood Crypto $30 million for “important failures within the areas of financial institution secrecy act/anti-money laundering (‘BSA/AML’) obligations and cybersecurity.” Robinhood... Read more »

SEC Charges 11 People in $300 Million Forsage Crypto Pyramid and Ponzi Scheme

The U.S. Securities and Change Fee (SEC) has charged 4 founders and 7 promoters of Forsage, which it described as “a fraudulent crypto pyramid and Ponzi scheme.” The scheme allegedly raised greater... Read more »

GameFi sector down, but not out

Whereas the Web3 GameFi sector continued to bleed customers in June and see funding rounds slashed, a number of fashionable video games have stored their token costs and consumer numbers comparatively secure.... Read more »