UAE identified as holding $700M in Bitcoin from mining operations
According to blockchain analytics platform Arkham Intelligence, the United Arab Emirates holds about $700 million in Bitcoin. Arkham traced the mining activity to Citadel Mining, which it said was established…
US sanctions tech firm tied to multi million dollar crypto scam operations
The US government on Thursday imposed sanctions on Funnull Technology Inc. Tools provided by Funnull made it easier for fraud networks to switch domains and evade detection. Under the sanctions,…
Tether to relocate operations to El Salvador
Tether announces its service relocation plans after acquiring a Digital Asset Service Provider (DASP) license. USDT issuer Tether joins Bitfinex Derivatives in moving operations to El Salvador. Tether is on…
BingX Restores Full Operations and Unveils “ShieldX” for Enhanced Security
Vilnius, Lithuanian, 24th October 2024, Chainwire The post BingX Restores Full Operations and Unveils “ShieldX” for Enhanced Security appeared first on CoinJournal.
Casper Network resumes operations after the recent security incident
Casper Network has resumed operations after resolving the recent security breach. Two blocks were removed; a new Casper-node binary was deployed and scanned. Other July breaches affected WazirX ($230M), Compound…
Swan Bitcoin halts IPO plans and shuts down mining operations
Swan Bitcoin delays IPO plans due to shutdown of its mining operations. CEO cites reduced revenue from mining as reason for halting IPO efforts. Mining sector faces challenges, with firms…
BCB Group migrates its digital asset custody operations to Ripple’s Metaco platform
BCB Group migrates custody to Metaco’s platform, enhancing security and governance. Ripple’s strategic acquisition of Metaco strengthens its position in the crypto industry. The collaboration aims to drive innovation and…
Hut 8 to manage mining operations for Celsius’s newly-created MiningCo
Hut 8 says it will manage mining operations for MiningCo at five sites under a four-year contract. The digital asset miner will oversee 122,000 miners with 12 EH/s of computing…
Circle secures French DASP license, appoints head of operations
Circle Secures French DASP License: The licensing aligns Circle with MiCA regulation. Director of European Operations and financial expert appointed to lead Circle’s compliance efforts. In a strategic move towards…
Nomura Bank’s Laser Digital receives approval for operations in Abu Dhabi
Key takeaways Laser Digital has become the latest digital asset firm to receive approval to operate in Abu Dhabi. The firm is owned by Japanese banking giant Nomura Bank. Laser…