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New York State Senator Pushes Legislation To Tax Crypto Miners
New York State Senator Liz Krueger introduced a bill on Wednesday to impose excise taxes on energy used by crypto mining companies operating facilities in the state. The proposed excise tax, which is not the […]
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SBI Crypto hit with $21 million theft linked to North Korea hackers
Japanese mining pool operator SBI Crypto has suffered a $21 million theft in a breach that investigators are linking to North Korea attackers. On Oct. 1, blockchain researcher ZachXBT identified unusual outflows from the firm […]
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UAE Regulator Clamps Down on Farmland Used for Crypto Mining
The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA), the agricultural regulator for the emirate of Abu Dhabi, United Arab Emirates (UAE), announced a ban on using agricultural land for crypto mining. Violators will face […]
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What an SEC No Action Letter Means for Solana DePIN Token DoubleZero
In brief The SEC issued a “no action” letter to Solana-based project, DoubleZero The regulator indicated that its 2Z token does not resemble a security. The token is set to debut on Friday alongside its […]
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Woman Pleads Guilty In $7 Billion Bitcoin Fraud Case In UK
A Chinese national accused of laundering bitcoin linked to a multi-billion-pound fraud pleaded guilty on the first day of her trial at the Southwark Crown Court in London, England. Qian Zhimin, also known as Zhang […]
