Binance Pool Unveils a $500M Fund to Support Crypto Miners
Binance Pool has recently announced that it has created a $500 million fund to provide debt financing to struggling crypto miners.
Kazakhstan Greenlights Crypto Regulation and Mining Bills
The lower house of Kazakhstan’s parliament yesterday approved in the first reading five bills regulating the issuance and circulation of cryptocurrencies in the country.
Bitcoin Mining Difficulty Reaches a New Record
After the latest adjustment to the difficulty of Bitcoin mining that took place yesterday, the figure is up 13.55%.
Miners Sold Fewer Bitcoins Last Month
most miners refrained from selling cryptocurrencies in September. After the August reset, they switched to keeping them in their balance sheet.
Russia Intends to Sell Electricity to Kazakhstan for Crypto Mining
The Russian government is exploring the possibility of supplying electricity to Kazakhstan for the needs of crypto mining companies.
Crypto Miner Compute North Files for Bankruptcy
Mining firm and provider of infrastructure solutions for cloud mining Compute North has filed for bankruptcy.
Russia Agrees on Bill to Regulate Mining Industry
The Ministry of Finance and the Bank of Russia have recently approved the final version of the regulatory framework for individuals and legal entities involved in cryptocurrency mining.
