Tether Finally Winds Down Mining Operations in Uruguay

[ad_1] Tether, one of the largest cryptocurrency companies, has finally confirmed its exit from Uruguay after a breakdown in its negotiations with UTE, the national power company. The local press reported that... Read more »

Bitfarms to Wind Down Bitcoin Mining Operations, Announces AI Pivot

[ad_1] Bitfarms’ CEO Ben Gagnon announced that the company was focused on abandoning the bitcoin mining business and converting its sites to support artificial intelligence workloads in the following two years. The... Read more »

China’s iris data warning raises red flags for Worldcoin operations

[ad_1] China’s Ministry of State Security (MSS) has warned that a foreign crypto company is collecting iris scan data under the guise of token distribution, raising serious concerns about personal and national... Read more »

Phoenix Group Mines 350 Bitcoin in Q1, Bolsters North American Operations With Texas Facility

[ad_1] This week, Phoenix Group PLC reported $31 million in Q1 2025 revenue alongside progress toward 500 megawatts (MW) of global bitcoin mining capacity, including a newly operational 20 MW facility in... Read more »

Crypto.com becomes first exchange to secure MiCA license for EU operations

[ad_1] Crypto.com announced it has received in-principle approval for a Markets in Crypto Assets (MiCA) license, becoming the first major global crypto exchange to achieve this milestone. The license will enable the... Read more »

Jordan turns to blockchain tech for enhancing government operations

[ad_1] Jordan’s government has introduced a new Blockchain Technology Policy for 2025, which aims to increase transparency, improve public services, and drive economic growth. The initiative, approved by the Jordanian Council of... Read more »

Russia Enacts Ban on Crypto Mining Operations in 10 Regions, Hints at Expansion

[ad_1] Russia recently enacted a ban on crypto mining operations in 10 regions until 2031, citing high energy consumption issues as the cause. Deputy Prime Minister Alexander Novak stated that this list... Read more »

BTC Miner Cipher Expands Texas Operations With 100 MW Data Center

[ad_1] Cipher Mining Inc., a bitcoin mining company listed on Nasdaq, has announced the acquisition of a 250-acre site in West Texas. Cipher Mining Secures Strategic Site for Bitcoin Mining Expansion According... Read more »

Canaan Expands North American Bitcoin Mining Operations, Secures Order From Hive

[ad_1] Canaan Inc., a publicly listed manufacturer of bitcoin (BTC) mining hardware and blockchain infrastructure provider, has shared plans to broaden its self-mining footprint in North America. Publicly Listed Bitcoin Miner Canaan... Read more »

Russia enacts control measure on Bitcoin mining operations

[ad_1] Key Takeaways The new Russian law allows the government to ban digital currency mining in specific areas. Federal agencies now have access to digital currency identifier addresses. Share this article The... Read more »