Category Archives for "Crypto News"

Iceland’s ‘Big Bitcoin Heist’: Suspects Charged With Over $2M in Stolen Mining Rigs

News Police in Iceland charged seven individuals for conspiracy, burglary, and theft for stealing from the region’s mining facilities. Iceland prosecutors are charging the suspects with over $871,000 in stolen goods, but the group of individuals are also being sued for $1.7 million in damages from three separate mining firms. Also read: James Bond-Like Villain in […]

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Russian Industry Association Launching Crypto Certification Program

Finance The Russian crypto industry association is launching a crypto certification program. Applicants will be evaluated and issued a certificate showing their competency level which can be verified on the association’s website. Training will be offered to those that do not score the required number of points. Also read: 160 Crypto Exchanges Seek to Enter Japanese […]

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Denmark’s Largest Bank May Have Facilitated up to $150 Billion in Money Laundering

News Companies from Russia and other parts of the former Soviet Union have apparently turned the small country of Estonia into a massive money laundering haven. An investigation into the Estonian branch of Denmark’s largest bank is examining up to $150 billion which may have been involved. Also Read: The Daily: Robinhood Aiming for IPO, […]

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MLB’s Los Angeles Dodgers to Host Crypto Giveaway in Late September

Fans who visit the Dodgers vs. Padres baseball game in September will have the opportunity to download a digital bobblehead to their Ethereum wallet. In a recent blog post, the Los Angeles Dodgers said they are hosting what is purported to be “the first Crypto giveaway in sports.” The opportunity will take place on September […]

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Japan’s GMO Launches Live Crypto Trading Platform, Adds Mining Facilities

Exchanges Japanese internet giant GMO has launched a live crypto trading platform via its subsidiary GMO Coin. This is the company’s third crypto exchange and trading service. Meanwhile, the group has established more mining facilities and has mined almost 3,000 BTC and over 660 BCH so far. Also read: 160 Crypto Exchanges Seek to Enter Japanese […]

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Bitcoin: Goldman Sachs Calls Trading Desk Pullback Report ‘Fake News’

Earlier this week, a report suggested Goldman Sachs was backing away from its plans to open a cryptocurrency trading desk, as it was rumored to have intended to do this summer. The news sparked a bloodbath in the market for Bitcoin and other virtual coins, as it signaled a weakening of institutional support for cryptocurrencies […]

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Iran Recognizes Cryptocurrency Mining as Industry

Iran has purportedly accepted cryptocurrency mining as an official industry. According to a high-ranking official, all related institutions have already agreed on it. A Breath of Fresh Air Iran has historically been fairly controversial in its stance towards cryptocurrencies. As Bitcoinist reported in April, the country banned banks from touching Bitcoin as well as other cryptocurrencies. […]

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Washington Mining Enclave to Be Hit with Increased Power Costs

Low energy prices from the local hydroelectric plant attracted many cryptocurrency miners to Grant County, Washington. But it seems like the gravy train may soon hit the buffers as authorities announced a series of price hikes. Evolving Industries International Business Times reports that a late-August meeting saw the Grant County Public Utility District (PUD) vote-in […]

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