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2 mins read
A crypto trading platform that recruited users through prayer circles was a pyramid scheme that made $1 billion for its 'Reverand CEO,' lawsuit says
NovaTechFx, once one of the fastest-growing financial platforms, now faces a lawsuit that says it s…
Kenneth Niemeyer
1 min read
6,000 old bitcoin-mining machines will be refurbished and sold overseas after the long-awaited halving event
Outdated machines are being moved to countries with lower electricity costs, like Ethiopia, where t…
Aruni Soni
2 mins read
Bitcoin is undergoing a tech expansion that one expert says will drive 5-fold growth in just 2 years
Bitcoin programmers have been expanding the possibilities behind the blockchain. It could mean fres…
Filip De Mott
1 min read
Bitcoin could see a wave of forced selling as miners face the reality of lower rewards post-halving, research firm says
"If miners were forced to sell even a fraction of their holdings over the coming month this would h…
Filip De Mott
1 min read
Cryptocurrency Mining and Energy
Cryptocurrency Mining and Energy
2 mins read
A lawsuit filed against a bitcoin mine in Texas has shed light on a growing trend: US crypto mines backed by millions of dollars from Chinese investors
A rise in cryptocurrency-mining facilities in Texas and other states has come under scrutiny for th…
Kiera Fields
2 mins read
A major copper miner thinks it's got a way to turbocharge output without having to open new mines
Freeport-McMoRan CEO Kathleen Quirk told Bloomberg it's developed a way to boost copper without ope…
Filip De Mott
1 min read
Israel news anchor fired after commenting on rescued hostage's appearance: 'Look at her eyebrows, they look better than mine?'
Israeli news channel Keshet 12 fired an Arab-Israeli anchor after she made dismissive comments abou…
Joshua Zitser
2 mins read
A Ukrainian unit is flying drones at night to drop mines inside Russia: report
A Ukrainian unit uses drones to drop mines deeper inside Russian territory at night, per CNN. It cl…
Thibault Spirlet
2 mins read
Prepare for bitcoin to fall after the long-awaited halving, JPMorgan says
"We do not expect bitcoin price increases post halving as it has been already priced in," JPMorgan …
Yuheng Zhan
5 mins read
Fervent Bitcoin trading approaches fresh supply crunch; Here’s what this week’s ‘halving’ event implies
Bitcoin's recent surge to record-breaking highs has left many scratching their heads in awe. Within…
1 min read
New research says bitcoin mining is sucking up more and more water, with use increasing 278% since 2020
"The total water footprint of US Bitcoin miners could be equivalent to the average annual water con…
Filip De Mott
1 min read
Remote mountain Kingdom of Bhutan is operating secret, state-owned Bitcoin mining facilities, report says
The remote Himalayan kingdom has never publicly announced its Bitcoin operations, but it has been s…
Polly Thompson
2 mins read
A Chinese takeaway worker who had 61,000 bitcoin worth $1.8 billion seized by police found guilty of money laundering
Jian Wen was convicted of money laundering in a London court on Wednesday after police seized 61,00…
George Glover
2 mins read
Bitcoin's been sliding ahead of the 'halving' but crypto bulls aren't worried
Crypto bulls are confident that a looming "halving" event could power bitcoin to new highs, despite…
George Glover
2 mins read
Cardi B says she doesn't want to rely on her parents to care for her kids: 'They mine'
"Nobody could solve what's going on in my home, and what's going on in my home is we have a shortag…
Amanda Goh
2 mins read
Gina Rinehart, a mining magnate worth $22 billion, wants her portrait removed from an Australian gallery
Gina Rinehart and her representatives have made multiple approaches to the National Gallery of Aust…
George Glover,Mia Jankowicz
1 min read
Bitcoin hits new record above $73,000 as demand from ETFs soars
BlackRock's bitcoin ETF now owns 215,625 bitcoin, which is bigger than MicroStrategy's 205,000 bitc…
Matthew Fox
2 mins read
Crypto and AI will drive exorbitant energy use after decades of flat demand, analyst says
Data centers are expected to drive a surge in electricity demand growth, tripling their power consu…
Aruni Soni
2 mins read
Crypto miners are pulling in more money than ever as bitcoin shatters records
Crypto mining revenue hit $78 million a day on Monday, a new all-time high for the industry, accord…