Russian Law Enforcement Apprehends Suspect in Cryptocurrency Fraud Case Worth $3.2 Million
A suspect has been arrested in Russia for a crypto mining fraud scheme that defrauded victims of 270 million rubles.
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A suspect has been arrested in Russia for a crypto mining fraud scheme that defrauded victims of 270 million rubles.
Bitmain has launched its new Antminer S23 Hydro, boasting advanced energy efficiency, but miners are facing challenges due to reduced profitability despite rising Bitcoin prices.
MARA CEO Fred Thiel emphasizes the need for the U.S. to mine Bitcoin for its strategic reserve, expressing the importance of taking definitive action.
Bitlayer collaborates with leading Bitcoin mining pools to advance the implementation of BitVM, a new technology for Bitcoin-native DeFi.
In April, bitcoin miners sold more BTC than they produced, marking an unprecedented sell-off period amidst rising bitcoin prices.
Mining profitability for Bitcoin decreased in April as the network's hashrate saw a rise, according to a report by Jefferies.
JPMorgan notes a 2% rise in Bitcoin's hashrate in early May, indicating improved mining economics.
Electricity theft linked to crypto mining has risen by 300% from 2018 to 2024 as authorities intensify crackdown efforts.
MARA stock increased following a positive reception from analysts due to its commitment to reducing energy expenses despite missing earnings forecasts.
According to a JPMorgan report, Bitcoin miners with high-performance computing exposure have faced losses for three consecutive months, amidst an increase in network hashrate.
CoinShares reports that bitcoin miners are likely to see disappointing first-quarter results stemming from a decrease in hashprice and increasing trade tariffs on mining equipment.
Z Squared, a DOGE mining firm, is set to merge with the biopharmaceutical company Coeptis in a deal expected to finalize in Q3 2025.
Crypto stocks rallied as bitcoin eclipsed $90,000, reviving interest among investors.
The bitcoin mining sector is facing scrutiny as some companies are reportedly undervaluing their ASIC imports to avoid tariffs.
Despite Bitcoin's price nearing $84,000, miners face significant revenue challenges due to operational costs and recent halving events.
JPMorgan's report reveals that Bitcoin miners with traditional operations outperformed those utilizing high-performance computing.
CleanSpark has decided to shift its bitcoin mining strategy, opting to sell part of its mined BTC to minimize dilution from equity raises.
Jefferies highlights a significant downturn in Bitcoin mining profitability driven largely by reduced Bitcoin prices and transaction fees.
Bitcoin miners face mounting pressures as tariffs threaten equipment costs and operational viability, drawing comparisons to previous industry disruptions.
Pierre Rochard discusses his vision for integrating Bitcoin into traditional credit markets, reflecting on his extensive journey within the cryptocurrency space.
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