$290 million lost in crypto mining scam in China
A company was reportedly selling mining hardware and was able to sell around $290 million in goods. However, it was all a big lie.
A company was reportedly selling mining hardware and was able to sell around $290 million in goods. However, it was all a big lie.
Hut 8 has been forced to rethink its priorities as a result of the losses, with swinging cutbacks needed to manage cash flow throughout the reporting period.
Argo Blockchain, the London-listed cryptocurrency mining company, has invested in 1,000 new miners in a bid to shore up its ailing financial performance.
Hackers have found a way to use popular documentation app Confluence to install their cryptojacking software.
Bitmain may try to put on a happy face and tell the world that everything is going well, but there’s one thing about the truth—it cannot be suppressed forever.
They might have a reputation for using lots of energy, but Bitcoin miners argue they are mostly using clean energy, and driving its production and adoption.
Cryptocurrency mining giant Bitmain has had an extremely rough 12 months and has had to shutter many of its operations this year.
A new wave of malware selfishly turns off all other mining going on and takes all the processing power for itself.
In a win-win deal, Quebec will now offer guaranteed power and rates to crypto miners, so long as they have a business plan that benefits the province.
Brazilian police thought they had caught a drug smuggler, but it turns out he was linked to an illegal BTC mine as well.
Researchers at security firm Symantec said it had uncovered a surge in the so-called Beapy malware, which uses exploits leaked from the National Security Agency two years ago.
Swiss investment firm Final Frontier has partnered with blockchain company Bitfury to launch a new regulated cryptocurrency mining fund aimed at attracting institutional investors.