Crypto Updates – Page 16 – WORLD CRYPTO BUSINESS

Bitcoin’s Mining Difficulty Slides 5% Dropping to Levels Not Seen Since March

[ad_1] On July 21, 2022, at 2:14 p.m. (ET) at block height 745,920, Bitcoin’s mining difficulty dropped by 5.01% outpacing the last two epoch changes. The latest downward shift makes it 5%... Read more »

New York Attorney General Wants to Hear From Investors Deceived by Crypto Platforms

[ad_1] New York Attorney General Letitia James has urged investors in her state who believe they have been deceived by a crypto platform to contact her office. “Investors were promised large returns... Read more »

Moscow, Karelia, Irkutsk — Study Lists Most Popular Crypto Mining Destinations in Russia

[ad_1] Russia could be a large player in the crypto mining space, experts in the field have established in research naming the most attractive regions for coin minting operations in the country.... Read more »

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

[ad_1] The U.S. Securities and Exchange Commission (SEC) has charged four founders and seven promoters of Forsage, which it described as “a fraudulent crypto pyramid and Ponzi scheme.” The scheme allegedly raised... Read more »

Foundry Digital Launches Logistics Arm to Advance Standards in the Cryptocurrency Mining Industry

[ad_1] On Thursday, Foundry Digital LLC, the mining company and subsidiary of Digital Currency Group (DCG), announced the launch of Foundry Logistics in order to advance standards in the cryptocurrency mining industry.... Read more »

Central Bank of Uruguay Summons to Binance Due to Its Savings Focused Cryptocurrency Products

[ad_1] The Central Bank of Uruguay has issued a summon to Binance, one of the biggest exchanges in the world, due to the series of crypto-based savings products they are offering in... Read more »

Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy

[ad_1] Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced... Read more »

China Bank Account Freeze Controversy: Authorities Reveal Latest Reimbursement Plan, Three Officials Now Under Investigation

[ad_1] In a move seen as an attempt to pacify protesting bank clients, Chinese authorities in Henan province announced their latest repayment plan which sees customers with deposits ranging between $14,827 and... Read more »

Bitfarms Adds 18 MW of Capacity to ‘The Bunker’ — Miner’s Daily Production Taps 16.8 BTC per Day

[ad_1] On July 28, the bitcoin mining company Bitfarms announced the completion of the second phase of its facility expansion, by adding roughly 18 megawatts (MW) of capacity to the operation. The... Read more »

Regulation of Cryptocurrency in South Africa Should Not Scare Away Investors Experts Say

[ad_1] Two experts have said they welcome South Africa’s planned regulation of cryptocurrency but warned this should not scare away investors. If the regulation is balanced between the need to protect investors... Read more »