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Iris Energy to Triple Mining Capacity With Thousands of New Rigs
asic

Iris Energy to Triple Mining Capacity With Thousands of New Rigs

Iris Energy will triple its crypto mining capacity with 44,000 ASIC machines.

Core Scientific to Pay Outstanding Debt with Mining Machines
asic

Core Scientific to Pay Outstanding Debt with Mining Machines

In a court filing, crypto mining firm Core Scientific stated the equipment were no longer needed for its operations and future plans.

Australia's Government is Bolstering Its Market Regulator's Digital Asset
asic

Australia's Government is Bolstering Its Market Regulator's Digital Asset

The new Australian government has devised a "multi-stage strategy" to combat cryptocurrency frauds, safeguard consumers, and increase enforcement.

Bitmain Business Booming Despite Public Feud Between Co-Founders Jihan Wu and Micree Ketuan Zhan
asic

Bitmain Business Booming Despite Public Feud Between Co-Founders Jihan Wu and Micree Ketuan Zhan

Bitcoin mining giant Bitmain, continues to grow despite the public feud of its co-founders Jihan Wu and MicreeKetuan Zhan dominating the news over the last year.

Australian Regulator Takes Legal Action Against eToro Over High-Risk and Volatile Trading Products
asic

Australian Regulator Takes Legal Action Against eToro Over High-Risk and Volatile Trading Products

The Australian Securities and Investments Commission (ASIC) has filed a case in the Federal Court against the online investing platform eToro Aus Capital Limited about the suitability of eToro's target market for contract for difference (CFD) products.

Jihan Wu Regains Control Of China Bitcoin Miner Making Giant Bitmain
asic

Jihan Wu Regains Control Of China Bitcoin Miner Making Giant Bitmain

Jihan Wu has regained his status as legal representative and executive director of Bitmain stripping Micree Zhan of broad controlling powers.

Australia’s Securities Regulator Approves the Launch of Crypto ETFs
asic

Australia’s Securities Regulator Approves the Launch of Crypto ETFs

Australia Securities and Investments Commission (ASIC) has finally opened the door for crypto ETFs to trade on Australian stock exchanges.

Unregistered Crypto Asset Manager BPS Sued by Aussie Regulator
asic

Unregistered Crypto Asset Manager BPS Sued by Aussie Regulator

Australia's ASIC has sued BPS Financial Pty Ltd for misleading investors about Qoin Token

Scammers Target Australians in Cryptocurrency Call Center Scheme
asic

Scammers Target Australians in Cryptocurrency Call Center Scheme

An Israeli-run cryptocurrency fraud targets Australians, according to a raid on Eastern European scam call centers.

Texas Authorities Slap “Bitcoin Pope” and Forex Birds with Cease and Desist Order for Fraudulent Investment Scheme
asic

Texas Authorities Slap “Bitcoin Pope” and Forex Birds with Cease and Desist Order for Fraudulent Investment Scheme

An emergency cease and desist order has been issued against the “Bitcoin Pope” trader, under allegations of fraudulent cryptocurrency investments.

Bitcoin Experiences the Second-Largest Drop in Mining Difficulty in History
asic

Bitcoin Experiences the Second-Largest Drop in Mining Difficulty in History

The latest Bitcoin mining difficulty adjustment has experienced a major decline of 16%, representing the largest drop since late 2012.

Bitcoin Miners’ Control of BTC Network is Gradually Shrinking
asic

Bitcoin Miners’ Control of BTC Network is Gradually Shrinking

Coin Metrics, a provider of on-chain and off-chain crypto asset market data, has released a new report showing Bitcoin miners’ control of the BTC network is decreasing.

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