The Abu Dhabi Agriculture and Food Safety Authority in the UAE has issued a new advisory prohibiting the use of farms for cryptocurrency mining. The advisory explicitly states that farms cannot be repurposed for cryptocurrency mining, which authorities consider a “misuse of the farm for purposes other than its intended use. Farmers caught engaging in […] Source: https://news.bitcoin.com/abu-dhabi-regulator-prohibits-cryptocurrency-mining-on-farms-threatens-fines-up-to-2700/
The recent surge in transactional activity on Aptos is attributed to the launch of Tapos Cat, a new tap-to-earn game that has gained rapid popularity. \ Source: https://cointelegraph.com/news/aptos-sets-new-record-for-daily-transactions-with-115-million-txs
Marathon Digital Holdings and the Kenyan Ministry of Energy and Petroleum recently signed an agreement which sees the crypto mining firm committing to invest $80 million in Kenya’s digital infrastructure. Following the memorandum of understanding (MOU) signing, the Kenyan government will establish a steering committee comprised of ministry officials and executives from Marathon. Joint Steering […] Source: https://news.bitcoin.com/marathon-digital-inks-renewable-energy-deal-with-kenya-crypto-miner-to-invest-80m/
Spot Ether ETFs approval brings in “another line of defense for Bitcoin,” argues MicroStrategy founder Michael Saylor. Source: https://cointelegraph.com/news/spot-ethereum-etf-cryptocurrency-michael-saylor-microstrategy-sec
An investigation into the law firm Sullivan & Cromwell LLP, which worked with the now-defunct crypto exchange FTX, revealed that the firm was neither involved in the fraud nor aware of the financial troubles that plagued the collapsed trading platform. Sullivan & Cromwell Cleared of Negligence in FTX Collapse Following a recent investigation, former U.S. […] Source: https://news.bitcoin.com/report-investigation-finds-no-fault-with-sullivan-cromwell-in-ftx-bankruptcy/
Law enforcement officials in Malaysia recently arrested ten individuals linked to a criminal syndicate that allegedly used cryptocurrencies to launder fraudulent proceeds. Assets, including motor vehicles, valued at more than $7.7 million were seized, and bank accounts holding approximately $10.8 million were frozen. Syndicate Accused of Channeling Illegally Acquired Funds into Malaysia Authorities in Malaysia […] Source: https://news.bitcoin.com/malaysian-authorities-bust-syndicate-accused-of-laundering-fraud-proceeds-via-cryptocurrency/
Former United States President Donald Trump vows to free Silk Road founder Ross Ulbricht if re-elected. Source: https://cointelegraph.com/news/donald-trump-ross-ulbricht-silk-road
An Indian national has pleaded guilty in the U.S. to wire fraud conspiracy for stealing over $37 million by spoofing crypto exchange Coinbase’s website. He and his co-conspirators created a fake Coinbase Pro site to steal login credentials and two-factor authentication codes, transferring victims’ cryptocurrency to their own wallets. Guilty Plea in $37M Coinbase Crypto […] Source: https://news.bitcoin.com/indian-citizen-faces-20-years-in-us-prison-for-stealing-crypto-in-37m-coinbase-spoofing-scam/
Major cryptocurrency exchanges, including Binance, Coinbase, Okx, and Crypto.com, are expanding their workforces, collectively offering over 1,200 job openings. Binance leads this hiring surge with 460 roles, followed by Okx with 414, Crypto.com with 335, and Coinbase with 224. This recruitment drive is fueled by market optimism, particularly surrounding bitcoin and ethereum exchange-traded funds (ETFs), […] Source: https://news.bitcoin.com/major-crypto-exchanges-announce-over-1200-job-openings/
Former United States President Donald Trump claims he is “very open minded” to “all things related to this new and burgeoning industry.” Source: https://cointelegraph.com/news/donald-trump-president-campaign-cryptocurrency-adoption-global
