Thursday, May 19, 2022
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Martin Hoffman

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Kazakhstan shuts down crypto mining farms until February

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The Kazakhstan Electricity Grid Operating Company (KEGOC) has limited the supply of electricity to mining farms, local media revealed. Thus, the letter from KEGOC, distributed...

Cloud miner BitFuFu looks at US listing via SPAC merger

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BitFuFu, the provider of cloud mining services, plans to obtain public status by merging with a special purpose acquisition company (SPAC) Arisz Acquisition Corp....

Fitch Ratings: Mining development creates risks for US power supply

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Fitch Ratings: Mining development creates risks for US power supply. Mining cryptocurrencies in the United States can create financial risks for energy supply companies,...

MicroStrategy will continue to buy Bitcoin despite market plummeting

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MicroStrategy Inc. plans to continue buying Bitcoin (BTC), despite its falling price and claims from regulators. Chief Financial Officer of the company Phong Le...

BCB Group raised $60M

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BCB Group, a London-based crypto payments services provider, raised $60 million. Foundation Capital led the Series A funding round. https://twitter.com/BCBcrypto/status/1485905544414212103 BACKED VC, PayU, Wintermute, Digital Currency...

SEC must surrender Hinman email on Ether to Ripple

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Magistrate Judge Sarah Netburn ordered the U.S. Securities and Exchange Commission (SEC) to hand over to Ripple an email with a draft of a...

Allbridge attracted $2M from Race Capital

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Allbridge, the company behind the development of the cross-chain bridge, has attracted $2 million in funding from the venture capital firm Race Capital. https://twitter.com/CryptoSlate/status/1481703857231220737 Launched in...

Funds lost to DeFi hacks reached $1.3B in 2021: CertiK

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In 2021, the number of funds stolen by hackers from decentralized finance (DeFi) applications more than doubled, reaching $1.3 billion. Problems related to the...

House of Lords sees ‘no convincing case’ for UK CBDC

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Central bank digital currency (CBDC) can provide certain advantages and at the same time create serious problems for financial stability, as well as protection...

Pakistan plans to ban cryptocurrencies

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The State Bank of Pakistan (SBP) and the federal government have decided to ban the use of all cryptocurrencies. Local news Samaa reported this,...
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