University of Cambridge Bitcoin Mining Map Shows China’s Hashrate Dropped to 46%

After the researchers from the Cambridge Bitcoin Electricity Consumption Index (CBECI) project said that the website’s “Bitcoin Mining Map” had not been updated since April 2020, the map has finally been updated.... Read more »

France Proposes EU-Wide Cryptocurrency Regulation

France has proposed giving more power to the Paris-based European Securities and Markets Authority (ESMA) and making it responsible for cryptocurrency oversight. French regulators say cryptocurrencies need EU-wide regulation. EU-Wide Crypto Regulation... Read more »

Internet Company The9 Reveals Hosting Partnership With Russian Bitcoin Miner Bitriver

During the first week of April, the publicly-listed gaming and internet company The9 Limited revealed its intentions to purchase 2,000 Avalonminers from the manufacturer Canaan. On Monday, The9 announced it has signed... Read more »

South Korean Regulator Analyzing 578 Cryptocurrencies

South Korea is deliberating on four crypto-related bills for the regulation of cryptocurrencies. “We are currently doing groundwork by searching for and analyzing data on 578 coins that have various forms,” the... Read more »

UAE Central Bank Unveils Plan to Launch Digital Currency

The Central Bank of the United Arab Emirates has unveiled its plan to launch a digital currency as part of its 2023-2026 strategy to become one of the world’s top 10 central... Read more »

Indian Bank Blocks Use of RBI’s Remittance System for Crypto While Government Delays Bill

Major Indian bank ICICI has asked customers not to use the Reserve Bank of India (RBI)’s liberalised remittance scheme (LRS) for any crypto-related investments. ICICI, a leading private sector bank in India,... Read more »

Thailand Sees Rising Adoption of Cryptocurrencies as Means of Payment — Warns of Risks

Bank of Thailand says a growing number of companies are asking for payments in cryptocurrencies, such as bitcoin and ether. The central bank reiterates its stance on crypto and warns of the... Read more »

California Man Arrested for Using Government’s Covid-19 PPP Loan to Buy Cryptocurrency and Tesla

The U.S. has arrested a man on criminal charges after he allegedly defrauded the government’s Covid-19 loan programs and used the money to buy cryptocurrency and Tesla. Using PPP Loan to Buy... Read more »

Creator of Video Downloading Websites Sentenced to Prison in US — Over $1 Million in Cryptocurrency Seized

The U.S. has sentenced a creator of video streaming and downloading websites to prison for 12 months and one day. The feds also seized $3.9 million from him, including more than $1... Read more »

SEC Charges 3 Individuals for Alleged Long Blockchain Insider Trading Scheme

The U.S. SEC charged three individuals that allegedly conducted insider trading related to the Long Blockchain company back in 2017. One of the individuals allegedly traded stocks ahead of the name change... Read more »