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Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO

Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO

One of China’s largest bitcoin mining hardware makers, Canaan Creative, publicly filed for a U.S. IPO on Monday, The Block Reports.

Iran Government Offers Up To 20% Reward To Anyone Who Exposes Illicit Cryptocurrency Mining In The Country

Iran Government Offers Up To 20% Reward To Anyone Who Exposes Illicit Cryptocurrency Mining In The Country

Iran just offered a reward to anyone who exposes illicit cryptocurrency mining in the country.

117 Smuggled Crypto Mining Machines Seized by Iranian Police

117 Smuggled Crypto Mining Machines Seized by Iranian Police

The Iranian provincial police had apprehended an individual who was said to be smuggling in cryptocurrency mining machines. This was reported by the local news agency Fars News, on July 31.

Malware Botnets Hijacked Microsoft SQL Databases to Mine Cryptocurrency Causing Concern

Malware Botnets Hijacked Microsoft SQL Databases to Mine Cryptocurrency Causing Concern

Guardicore, a cloud security and data center firm, has issued a report showing how a malware botnet, tracked as Vollgar botnet, has been hijacking Microsoft SQL Server (MS-SQL) databases around the world and forcing them to mine the cryptocurrencies Vollar and Monero.

Uniswap Reaches $3 Billion in TVL, Anticipates Community Call to Deliberate Liquidity Mining Rewards

Uniswap Reaches $3 Billion in TVL, Anticipates Community Call to Deliberate Liquidity Mining Rewards

The Uniswap community has set a community meeting to discuss the network’s liquidity mining rewards program, as it is about to end in a week.

COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency

COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency

Publicly-listed Canadian crypto mining form Bitfarms has temporarily reduced employees because of the social and economic challenges caused by the coronavirus outbreak.

Bitcoin Experiences the Second-Largest Drop in Mining Difficulty in History

Bitcoin Experiences the Second-Largest Drop in Mining Difficulty in History

The latest Bitcoin mining difficulty adjustment has experienced a major decline of 16%, representing the largest drop since late 2012.

Ethereum's Vitalik Buterin Thinks Mining Monero on HTC Phones is a “Fool’s Game”

Ethereum's Vitalik Buterin Thinks Mining Monero on HTC Phones is a “Fool’s Game”

Ethereum co-creator has downplayed the partnership between HTC and Midas Labs, which enables Monero mining on mobile phones.

Chinese Police Discover Illegal Bitcoin Mining Activity in Mysterious Graves

Chinese Police Discover Illegal Bitcoin Mining Activity in Mysterious Graves

Police in China recently discovered illegal Bitcoin mining, which was buried underneath a local cemetery. Power losses within the area caused the initial suspicion. A Chinese oil field company submitted a tip to the local police requesting them to investigate suspicious power losses in the northern city of Daqing, Heilongjiang province. The police officers arrived at the scene and spotted mysterious two grave mounds lying in the field.

Microsoft Patents Cutting Edge Human-Powered Crypto Mining System

Microsoft Patents Cutting Edge Human-Powered Crypto Mining System

Microsoft has filed for a patent for a cryptocurrency mining system that will leverage the data collected from people as they interact with advertising or exercise.

North America To Get Its First Bitcoin Mining Pool to Rival China’s Crypto Mining Dominance

North America To Get Its First Bitcoin Mining Pool to Rival China’s Crypto Mining Dominance

US-based Titan crypto mining software company sets to launch the first Enterprise-Grade Bitcoin Mining Pool in North America.

Romanian Programmer Confesses to Orchestrating BitClub Crypto Scam Worth $722 Million

Romanian Programmer Confesses to Orchestrating BitClub Crypto Scam Worth $722 Million

Silviu Catalin Balaci, a 35-year old Romanian citizen living in Germany, has owned up to helping create BitClub Network, a crypto mining Ponzi scheme that siphoned off investors’ funds worth $722 million.

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