Enegix Global Builds Natural Gas-Powered 80 MW Crypto Mining Center in Brazil
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Enegix Global Builds Natural Gas-Powered 80 MW Crypto Mining Center in Brazil

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/

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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

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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

Lithuania Fines Crypto Firm $10M for Russian Sanctions Violations
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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/

Tanzania Fintech Startup Nala Secures $40 Million via Series A Round 
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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/