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China-based Crypto Mining Firm Submitted $400 Million IPO To be Publicly Listed in The US

Canaan Creative – the major China-based crypto mining firm – has submitted required documents to be listed as a publicly-traded company in the United States. Specifically, on October 28,...

Chris Torres | Oct 30, 2019 10:57

Malware-infected WAW Utilized by Hackers for Illegal Crypto Mining

Threat experts have come across malicious code, based on WAV audio files, which is utilized by hackers to operate illegal crypto mining. Specifically, on October 16, the research team at BlackBerry...

Emily Rys | Oct 19, 2019 14:33

Armenian Tech Firm Charged with Illegally Harvesting Electric Power for Crypto Mining

A tech company headquartered in Armenia has reportedly been charged with illegally utilizing electricity for their crypto mining operations. As announced by the Armenian National Security Service on...

Chris Torres | Sep 23, 2019 13:44

Kyrgyzstan Introduces Draft Law for Crypto Mining Taxation

The draft law “On Amending the Tax Code” has been submitted by the Ministry of Economy of Kyrgyzstan, providing introductions of crypto mining taxation. Specifically, the taxation law aims at...

Emily Rys | Sep 01, 2019 21:43

Ukrainian Power Plant Operators Detained for Compromising Security System by Crypto Mining

The Security Service of Ukraine (SBU) have reportedly brought into custody power plant runners, for illegally operate crypto mining activities in the Yuzhnoukrainsk nuclear power plant. Reported by...

Emily Rys | Aug 23, 2019 03:19

Iranian Authorities Arrested Crypto Mining Parts Smuggler and Confiscated 117 Pieces

The police in an Iranian province has brought into custody a smuggler, illegally bringing crypto mining machines into the region, as reported by Fars News on July 31. Specifically, the...

Daniel T. | Aug 04, 2019 03:49

Culprits behind a Crypto Mining Scheme Arrested by Chinese Police

The culprits behind an illegal crypto mining scheme have recently been arrested by Chinese police by stealing energy worth of nearly $3 million. According to the report of Chinese agency...

Emily Rys | Jul 14, 2019 03:38

Japanese SBI Sets Out New Crypto Mining Chips

Financial giant SBI Group has opened a subsidiary to produce crypto mining chips, according to a press release on March 22. The new subsidiary, SBI Mining Chip Co., Ltd. (SBIMC), will carry out the...

Mary T. | Mar 24, 2019 04:20

Crypto Mining Canaan Raises Hundreds of Million Dollars

As Securities Times reported on 11th March, Canaan Creative, the Avalon line of mining devices makers, has raised hundreds million U.S. dollars in a new funding round, which values the firm at over $1...

Anne W. | Mar 13, 2019 11:20

Bitmain Launches Next-Gen ASIC Chip for Crypto Mining

Bitmain Technologies Limited has officially announced its latest next-generation 7nm (nanometer) Bitcoin mining chip – the new BM1397 – claiming it “achieves new feats in performance,...

Daniel T. | Feb 22, 2019 04:03