Binance Fined .25M By India’s Financial Intelligence Unit For Anti-Money Laundering Violations (UPDATED) – Forum Energy Technologies (NYSE:FET)

Binance Fined $2.25M By India’s Financial Intelligence Unit For Anti-Money Laundering Violations (UPDATED) – Forum Energy Technologies (NYSE:FET)

Editor’s note: This story has been updated with comments from Binance. India’s Financial Intelligence Unit (FIU) has levied a fine of 188.2 million rupees ($2.25 million) on Binance, the world’s largest cryptocurrency... Read more »
Southeast Asia Can Turn Excess Energy Into Economic Value Through Bitcoin Mining: Expert

Southeast Asia Can Turn Excess Energy Into Economic Value Through Bitcoin Mining: Expert

KEY POINTS Bitcoin mining rigs have popped up in some Southeast Asian nations in recent months Southeast Asia suitable BTC mining hub due to improving renewable energy transition targets: Marathon Digital EMEA... Read more »
Bitcoin uses more renewable energy, but will Tesla accept it again?

Bitcoin uses more renewable energy, but will Tesla accept it again?

Four years have passed since Tesla stopped accepting Bitcoin, citing environmental concerns. While the Bitcoin mining industry has reportedly increased its share of renewable energy consumption, Tesla doesn’t appear ready to return... Read more »
Venezuela cuts off crypto mining to tackle energy crisis

Venezuela cuts off crypto mining to tackle energy crisis

Venezuela becomes the latest nation to put a ban on crypto mining firms, citing heavy energy consumption. According to local news outlet AlbertoNews, Venezuela’s Ministry of Electric Power plans to cut off crypto-mining companies drawing power... Read more »
This is How Much Bitcoin (BTC) El Salvador Has Mined Using Volcanic Energy: Report

This is How Much Bitcoin (BTC) El Salvador Has Mined Using Volcanic Energy: Report

Table of Contents Since 2021 when El Salvador began validating Bitcoin blocks with volcanic energy, the Central American country has mined 474 BTC worth approximately $29.6 million at current prices. According to... Read more »
Russian Energy Firms Prepare to ‘Hunt’ Private Crypto Miners

Russian Energy Firms Prepare to ‘Hunt’ Private Crypto Miners

Last updated: May 12, 2024 19:30 EDT | 3 min read Russian energy firms are preparing to “hunt down” private crypto miners and crack down on people mining cryptoassets at home, a... Read more »

Kenyan govt engages in crypto policy & Bitcoin mining energy consumption discussion 

Table of Contents Experts noted that Kenyan government agencies are in discussion with the crypto players to introduce new policies for the crypto sector. Kenya has a budding interest in cryptocurrency, but... Read more »
Kenya mulls crypto mining to fund energy needs

Kenya mulls crypto mining to fund energy needs

By Jimmy Mbogoh Published on: April 28, 2024 02:42 (EAT) President William Ruto (C) speaks during a forum with the American Chamber of Commerce (AmCham) Business Summit in Nairobi on April 25,... Read more »
Capitalizing On Crypto: Riot And Iris Energy Present Opportunities, Analyst Sees 100% Upside – Iris Energy (NASDAQ:IREN), Riot Platforms (NASDAQ:RIOT)

Capitalizing On Crypto: Riot And Iris Energy Present Opportunities, Analyst Sees 100% Upside – Iris Energy (NASDAQ:IREN), Riot Platforms (NASDAQ:RIOT)

JPMorgan analyst Reginald L. Smith highlights the investment cases for Riot Platforms Inc RIOT and Iris Energy Ltd. IREN, emphasizing their potential for growth and profitability. Riot Riot Blockchain stands out as... Read more »
Can Bitcoin mining really support renewable energy?

Can Bitcoin mining really support renewable energy?

A new study finds that Bitcoin mining paired with green hydrogen could help speed up a transition to clean energy — an eyebrow-raising claim, considering strong evidence that the cryptocurrency is a... Read more »