SEC Sues Consensys Over MetaMask Ethereum Staking Service
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SEC Sues Consensys Over MetaMask Ethereum Staking Service

The United States Securities and Exchange Commission (SEC) filed suit against Ethereum software firm Consensys on Friday, alleging that the company “acted as an unregistered broker of crypto asset securities through its MetaMask Swaps service.” “Since January 2023, Consensys has engaged in the unregistered offer and sale of securities in the form of crypto asset staking programs, and acted as…

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Bitget Launches Campaign in Vietnam to Combat Crypto Scams

Cryptocurrency exchange Bitget has announced a new social project in Vietnam aimed at educating the public on secure cryptocurrency usage and fraud prevention. The initiative will use engaging posters and banners displayed in public areas like bus stops, subways, and street billboards to provide tips on detecting and avoiding crypto scams. Raising Awareness About Crypto Scams According to a report…

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How Bitcoin Mining is Becoming a Sustainable Hub for BTC Adoption: GoMining Ecosystem Outlook
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How Bitcoin Mining is Becoming a Sustainable Hub for BTC Adoption: GoMining Ecosystem Outlook

The Bitcoin mining industry has come a long way since the days when block rewards were 25 or even 50 BTC, and individuals had a high chance of success using just a single PC to solve blockchain “puzzles.” Today, the competition to mine the next block is intense, with large mining enterprises predominantly dominating the […] Source: https://news.bitcoin.com/how-bitcoin-mining-is-becoming-a-sustainable-hub-for-btc-adoption-gomining-ecosystem-outlook/

Bitcoin Mining Firm Bitdeer Partners With Ohio Port Authority for 570 MW Expansion
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Bitcoin Mining Firm Bitdeer Partners With Ohio Port Authority for 570 MW Expansion

Bitdeer Technologies Group has signed a lease agreement with the Monroe County Port Authority to secure an additional 570 megawatts (MW) of power capacity. This expansion brings Bitdeer’s total global capacity to 2.5 gigawatts (GW). Bitdeer Expands Power Capacity With New Partnership in Ohio Bitdeer, a Nasdaq-listed company, has leased land at the Hannibal Industrial […] Source: https://news.bitcoin.com/bitcoin-mining-firm-bitdeer-partners-with-ohio-port-authority-for-570-mw-expansion/

CleanSpark
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CleanSpark Acquires Griid Infrastructure in $155 Million Deal

Bitcoin miner CleanSpark (NASDAQ:CLSK) announced a major acquisition, merging with Griid Infrastructure in a $155 million deal. CleanSpark will acquire all common shares of Griid Infrastructure, significantly enhancing its operational capacity by gaining access to 20 megawatts of Griid’s available power. The acquisition is projected to increase CleanSpark’s power capacity by over 400 MW within the next two years. Strategic…

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