2021-6-12 23:11 |
Iranian law enforcement agencies confiscated 3,000 mining machines in the past week as part of their fight against illegal cryptocurrency mining businesses.
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An illegal Bitcoin mining operation was discovered in a house in Malaysia, adding to the toll on the country’s power grid and contributing to the trend in electricity theft driven by illicit crypto mining activities. On Feb. 13, an explosion…
2025-2-14 14:04 | |
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In the latest crackdown on illegal crypto mining, the Security Service of Ukraine (SSU) busted a mining operation, arresting an unspecified number of miners and recovering over 3500 PS4 gaming consoles and about 500 graphics cards that were found on the premises.
2021-7-12 18:56 | |
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While the majority of non-CS folks believe that blockchain is designed to facilitate illegal activity, a fair approach to mining could totally change the game
2020-5-28 17:11 | |
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Russian police seized almost 1,500 mining rigs from an illegal Bitcoin mining farm, spread across several locations
2020-3-28 02:00 | |
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Russian police have taken down an illegal mining farm for stealing state electricity
2020-3-28 23:00 | |
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Check out this week’s Bad Crypto News.
2020-3-22 22:00 | |
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The Federal Investigation Agency (FIA) recently seized two cryptocurrency mining farms in the Shangla district of Khyber Pakhtunkhwa, one of the administrative provinces of Pakistan, as per a report.
2020-1-25 00:00 | |
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Coinspeaker Chinese Authorities Seize 7000 Illegal Cryptocurrency Mining MachinesChinese authorities have discovered a massive surge in illegal cryptocurrency mining farms that are putting additional load on electric networks.
2019-12-24 14:42 | |
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Abkhazia looks to crack down on illegal cryptocurrency mining
2019-12-13 19:12 | |
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Iran, the US Sanctioned nation is very accommodating to Bitcoin and cryptocurrency mining. However, the latest ratified bill deems crypto trading illegal.
2019-8-10 18:16 | |
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No crypto mining is more profitable than the one made with electricity you didn’t pay for. Recently, Malaysian authorities raided the crypto mining farms of people who believed that they would be able to get high profits by stealing electric energy.
2019-8-8 17:20 | |
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Tenaga Nasional Bhd (TNB), Malaysia’s state-owned electricity company has raided 33 buildings illegally using its energy for bitcoin mining operations that gulped RM3. 2 million (roughly $763k) worth of power whereas they only paid a bill of only RM219 ($52), according to a report by local news source, malaymail August 7, 2019.
2019-8-9 17:00 | |
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Major Malaysian electric utility Tenaga Nasional Bhd has fallen victim to an illegal cryptocurrency mining operation, which resulted in a $760,736 loss
2019-8-8 22:36 | |
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Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region.
2019-8-6 21:00 | |
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Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region.
2019-8-8 21:00 | |
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What may come as a shock to the rising Iran’s population that participates in digital coin mining activities, the Iranian government announced a law aimed at regulating cryptocurrencies within its jurisdiction.
2019-8-6 20:30 | |
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Iran's government has introduced a bill that lifts the illegal status of cryptocurrencies and authorizes mining as an official industry.
2019-8-5 12:20 | |
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Тут новости криптовалют сегодня от авторов блога «Новости криптовалют». Статья обновляется в течение дня. CoinDesk Полиция конфисковала более 4000 устройств для добычи (майнинга) биткоина (BTC) на незаконной шахте в Китае.
2019-7-16 09:16 | |
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China Arrests 22 in Illegal Bitcoin Scheme Bitcoin mining is still a thing in China. And according to a recent report from XinhuaNet, a Chinese press agency, so is illegal cryptocurrency mining. Due to the.
2019-7-15 08:30 | |
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Тут новости криптовалют сегодня от авторов блога «Новости криптовалют». Статья обновляется в течение дня. CCNMarkets Незаконное подавление крипто-майнинга в Китае может спровоцировать рост цен на биткойны China's Illegal Crypto Mining Crackdown Could Ignite a Bitcoin Price Rally https://t.
2019-7-14 08:19 | |
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Besides fat-fingered whales, the other species HODLers should learn to fear are large-scale Bitcoin miners whose electricity cost is zero. The reason? Their break-even point is low enough to depress the fair market value of the Bitcoin price, dashing the asset’s seven-figure ambitions.
2019-7-14 22:30 | |
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Power officials in Iran have seized 1,000 bitcoin mining machines in two abandoned factories turned into mining farms in the central province of Yazd, Iran. The officials claim the cryptocurrency mining equipment was seized because their operators illegally made use of government-subsidized electricity, according to a Tech2 report on June 28, 2019.
2019-6-29 01:00 | |
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On Tuesday, the Iranian energy grid corporation Tavanir warned illegal bitcoin mining operations that they would be cut off from their supply. Following the announcement, pictures of a mining facility set up in a mosque went viral on social media.
2019-6-27 20:45 | |
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Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption and has warned that illicit mining facilities will be cut off from the grid.
2019-6-26 00:30 | |
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India is embroiled in rumors of a cryptocurrency ban that would have made cryptocurrency mining, trading, and ownership illegal.
2019-6-8 19:30 | |
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Authorities in China are investigating allegedly illegal Bitcoin (BTC) mining farms that have apparently been built without the required permissions in Sichuan province. This is according to the local media agency Sina in a report on May 30.
2019-5-31 01:54 | |
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This article was originally published by 8btc and written by Vincent He. Although China has shut down bitcoin trading platforms and deemed them illegal, its attitude toward bitcoin mining is still ambiguous.
2019-5-31 20:14 | |
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Chinese authorities are investigating the alleged illegal bitcoin mining farms located in “global mining capital” Sichuan province
2019-5-30 17:30 | |
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Authorities in Sichuan province are reportedly probing into local bitcoin mining farms that may have been constructed without official approval.
2019-5-30 12:00 | |
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China is currently one of the countries with heavily regulated markets, and most especially the crypto market. In fact, the Chinese government seems to be heavily anti-cryptos and mining, although it does encourage the propagation of blockchain technology.
2019-5-22 13:45 | |
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Despite the fact that the price of bitcoin and other digital assets are just trying to recover from the winter of 2018, the crypto fever remains as hot as ever. Now, the Australian Federal Police (AFP) have charged a 33-year-old Sydney man for illegally mining cryptos with the federal government agency’s computers, reports local newsRead MoreRead More.
2019-5-22 11:00 | |
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An unnamed man from Killara in New South Wales, Australia, is being charged by the Australian authorities for making use of government computer systems to mine cryptocurrencies for self-gain. The man, formerly an Australian government employee, worked as an IT contractor and has been accused of converting government computers into cryptocurrency mining devices.
2019-5-21 19:30 | |
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Scams are a common occurrence in cryptocurrency, and there are many scammers in the market today. While there is often legal involvement when these situations happen, that is not the case for one mining farm.
2019-4-29 02:36 | |
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The cryptocurrency ecosystem has been a major target for cybercrime and illegal activities such as online theft and hacking. Cryptocurrency mining is essential for all coins, including Bitcoin [BTC] and Bitcoin Cash [BCH] and over the years, criminals have started to spot loopholes in the system to cash out digital currencies.
2019-3-27 21:30 | |
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Swiss financial regulator FINMA has finished enforcement proceedings against crypto mining firm Envion, concluding that its ICO was illegal
2019-3-28 20:52 | |
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Financial regulators in Switzerland have disclosed the illegal acts committed by Envion AG, a cryptocurrency “mining operation” that illegitimately collected over $90 million with an initial coin offering (ICO) last year.
2019-3-27 18:38 | |
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Our Organization Levblockchain LVE, will help many new, young, passionate people who are trying to work on new technology projects, blockchain projects and products. Many of Greek Developers abandoning because of the country’s educational erroneous infrastructure and frozen economic growth.
2019-3-25 22:16 | |
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An Israeli court has ruled that Union Bank of Israel cannot close the bank account of a crypto mining firm but can refuse certain deposits, as reported on March 17, 2019. Illegal Closure Despite consistent collaborations with various banks around the world, the blockchain industry has continuously faced the challenge of not being able toRead MoreRead More.
2019-3-19 22:00 | |
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Despite the gloomy cryptocurrency market outlook, bad actors are still interested in illegally amassing bitcoin (BTC) and other cryptoassets. In the latest development, a 22-year-old student has been arrested by the Indonesian police for illegally setting up a virtual currency mining operation with college computers, reported The Jakarta Post on February 14, 2019.
2019-2-19 14:09 | |
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German police have arrested six members of a mining ring who were making use of stolen electricity to mine currency since 2017, as reported by Freie Presse, February 6, 2019. Hijacked Power While people around the world enjoy using cryptocurrency, the actual process of mining crypto is quite tedious and more importantly, expensive, particularly inRead MoreRead More.
2019-2-9 06:00 | |
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A Taiwanese Bitcoin miner identified with the last name Yang was recently arrested and charged by authorities for mining 100 million yuan ($14. 5 million) in cryptocurrencies. He used NT$100 million ($3.
2018-12-28 14:29 | |
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Africa (countries in Africa) just like many other countries are still yet to fully adopt the technology of cryptocurrency and the major reason for this can be traced down to law enforcement organizations who are still uncertain on what to categorize cryptocurrencies as and where exactly the digital currencies fall into.
2018-12-20 23:38 | |
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Move Over RansomWare – The Biggest International Cyber Threat Is Rapidly Becoming Illegal Cryptocurrency Mining Is Fast Taking Over The Number One Spot With the increasing growth of literacy in using computers, this means that over a billion people every year are learning to get online. But with that comes an increasing number of people […]
2018-12-15 22:56 | |
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Envion, a Switzerland-based startup that claims to make use of renewable energy in providing off-grid cryptocurrency mining, has reportedly been shut down by the cantonal court of Zug, in crypto-friendly Switzerland following an alleged illegal initial coin offering (ICO), according to a Handelsblatt Global report on November 28, 2018.
2018-11-30 18:00 | |
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Leading cybersecurity unit Kaspersky Labs has warned hackers are “reprofiling” the world’s most well-known botnets en masse in order to spread their cryptocurrency mining malware as widely as possible.
2018-11-28 18:56 | |
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Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it.
2018-10-24 19:38 | |
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The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers.
2018-10-18 20:05 | |
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A local utility company in Russia ordered a church to pay higher electricity rates, in line with Russia’s existing legislation. Church Forced to Pay Higher Electricity Tariff An Evangelical Church in Irkutsk, Russia, which carried out illegal Bitcoin mining, has been asked to pay a one million rubles fine, equivalent to $15,000.
2018-10-16 20:50 | |
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There has been a wealth of news of late about China and the Chinese authorities new position on cryptocurrency. In the shortest possible terms, the government want to totally ban cryptocurrency trading and investment and wish to stamp out the Bitcoin culture that has slowly built up in China.
2018-10-15 23:00 | |
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Chaos Labs has announced it is stepping away from its long-standing role within Aave, marking a significant shift for one of DeFi’s most prominent lending ecosystems. The decision, revealed on Monday, comes after three years of close involvement and reflects what the firm describes as a fundamental disagreement over how risk should be managed moving [...]
Asset management giant BlackRock is stepping into one of the most competitive corners of the exchange-traded fund market, filing with the U. S. Securities and Exchange Commission to launch a new Nasdaq-100 ETF.
Polymarket is preparing to enter a new phase of growth as it announces a sweeping upgrade to its exchange infrastructure, marking what the platform describes as its most significant overhaul since launch.
What initially appeared to be a sudden exploit has now been revealed as a long-term, highly coordinated operation. Drift Protocol has disclosed that the $270 million hack was the result of a six-month infiltration campaign, allegedly tied to North Korean state-linked actors.
Key Takeaways: Binance tokens pioneer Changpeng Zhao confirms that his book Freedom of Money goes live next week E-books are already pre-priced in English and Traditional Chinese The introduction of The post Binance’s CZ Drops ‘Freedom of Money’ Book Next Week appeared first on CryptoNinjas.
Chainlink has successfully executed its latest quarterly token unlock, releasing a significant tranche of LINK into circulation as part of its ongoing distribution schedule. According to on-chain data shared by EmberCN, a total of 19 million LINK tokens, valued at approximately $165 million, were moved out of non-circulating supply.
HypurrFi has confirmed that its hypurr. fi domain was compromised following what the team describes as a social engineering attack targeting its domain registrar. The incident, which unfolded rapidly, raised immediate concerns among users, particularly given the increasing frequency of domain-based exploits in the crypto space.