Cryptocurrency mining company, Enegix Global, has announced the construction of a new 80 MW data center in Brazil, marking a significant expansion of its operations. The two-phase project, set to launch its initial 20 MW phase in September 2024, will operate on natural gas with an uptime of 96%. This strategic move comes amid shifting […] Source: https://news.bitcoin.com/enegix-global-builds-natural-gas-powered-80-mw-crypto-mining-center-in-brazil/
Month: July 2024
Bitcoin speculators hodl 2.8M BTC in 'worst performing' price cycle
Bitcoin unrealized losses mount, but unlike previous market cycles, BTC hodlers underwater are keeping a lid on their emotions. Source: https://cointelegraph.com/news/bitcoin-speculators-hodl-2-8-m-btc-worst-performing-price-cycle?utm_source=rss_feed&utm_medium=rss%3FREFRESH1635367920506&utm_campaign=rss_partner_inbound
Bitcoin speculators hodl 2.8M BTC in 'worst performing' price cycle
Bitcoin unrealized losses mount, but unlike previous market cycles, BTC hodlers underwater are keeping a lid on their emotions. Source: https://cointelegraph.com/news/bitcoin-speculators-hodl-2-8-m-btc-worst-performing-price-cycle?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
UK regulator alerts public to fake solicitor Bitcoin scam
Email scams requesting cryptocurrency have been gaining popularity among criminals around the world. Source: https://cointelegraph.com/news/sra-warns-bitcoin-scam-fake-solicitors?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Compound Finance site potentially breached — ZachXBT
Crypto investigator ZachXBT has warned users to avoid the Compound Finance website, which appears to have been hijacked and may be redirecting visitors to a phishing site. Source: https://cointelegraph.com/news/compound-finance-website-hijacked-security-warning?utm_source=rss_feed&utm_medium=rss%3FREFRESH1635323030502&utm_campaign=rss_partner_inbound
Compound Finance site potentially breached: ZachXBT
Crypto investigator ZachXBT has warned users to avoid the Compound Finance website, which appears to have been hijacked and may be redirecting to a phishing site. Source: https://cointelegraph.com/news/compound-finance-website-hijacked-security-warning?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BitMEX expects ‘no further fines’ for ‘old’ AML violation in US
BitMEX addresses the DOJ’s BSA charge as a past issue, highlighting their compliance improvements and founders’ prior penalties. Source: https://cointelegraph.com/news/bitmex-no-further-fines-aml-violation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Lithuania Fines Crypto Firm $10M for Russian Sanctions Violations
The Lithuanian Financial Crime Investigation Service (FNTT) has fined the crypto firm Payeer nearly 9.3 million euros ($10 million) for international sanctions violations and anti-money laundering (AML) breaches. Specifically, Payeer was fined 8.23 million euros for facilitating transactions in Russian rubles through its platform, involving sanctioned Russian banks and clients. Additionally, a 1.06 million euro […] Source: https://news.bitcoin.com/lithuania-fines-crypto-firm-10m-for-russian-sanctions-violations/
OpenAI partners with lab that created the atomic bomb, but for bioscience
OpenAI is partnering with Los Alamos National Laboratory, which conducts research in fields including national security, space exploration, renewable energy and medicine. Source: https://cointelegraph.com/news/openai-partners-los-alamos-bioscience-research?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tanzania Fintech Startup Nala Secures $40 Million via Series A Round
Tanzanian fintech startup Nala recently secured $40 million in a Series A funding round led by San Francisco-based venture capital firm Acrew Capital. The funds will be used to bolster Nala’s business-to-business (B2B) payment platform and support its overall growth plans. New Funding to Support Nala’s Growth Plans Tanzanian fintech startup Nala recently secured $40 […] Source: https://news.bitcoin.com/tanzania-fintech-startup-nala-secures-40-million-via-series-a-round/