A property with 2,738 units dedicated to crypto mining in Salto del Guairá, Paraguay, was recently confiscated by the National Electricity Administration (ANDE) after an investigation revealed unauthorized power connection in the area.
President Joe Biden of the United States has rejected a resolution aimed at overturning the SEC’s Staff Accounting Bulletin (SAB) No. 121.
A recent report from blockchain security firm Immunefi revealed a 12% decrease in losses from fraud and hacks in the crypto industry compared to the previous year.
BlackRock submitted an updated registration statement for its proposed Ethereum fund, highlighting the ongoing efforts of financial firms to offer and trade similar products.
The implementation of the Financial Innovation and Technology for the 21st Century Act (FIT21) is expected to be a lengthy process, potentially taking several months or even years for coordination between regulators in the United States prior to the enforcement of the rules.
Israel is looking to accelerate the development of its national digital currency, the digital shekel, through a collaboration with various service providers.
Crypto Exchange Gemini has initiated the reimbursement process for users of its defunct lending program, Earn.
