On Friday, the publicly listed mining company Bitdeer Technologies Group revealed that the leading stablecoin firm Tether has purchased $100 million in Bitdeer shares. Additionally,
Read more
Tether invests $150M in Jihan Wu’s crypto mining firm Bitdeer
Following the investment, Tether expects close collaboration with Bitdeer across several key infrastructure areas, CEO Paolo Ardoino said.
Read moreArkbit crypto mining MLM fraud busted by Texas regulators
Arkbit falsely claimed to operate Arkansas-based data centers for cloud mining various cryptocurrencies.
Read more
Abu Dhabi Regulator Prohibits Cryptocurrency Mining on Farms, Threatens Fines Up to $2,700
The Abu Dhabi Agriculture and Food Safety Authority in the UAE has issued a new advisory prohibiting the use of farms for cryptocurrency mining. The
Read moreMicroStrategy 500% yearly gains beat Bitcoin, Tesla stock — Is MSTR the best short-term bet?
MicroStrategy’s premium to Bitcoin reflects investor confidence in its management, debt-leveraging strategy to acquire more BTC, and potential for future growth beyond its crypto holdings.
Read moreVenezuela bans crypto mining to protect power grid
This move follows a recent crackdown that involved confiscating 2,000 cryptocurrency mining devices as part of an anti-corruption initiative.
Read more