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ASIC Bans BitConnect National Executive for His Part in Multi-Billion Dollar Crypto Ponzi Scheme
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ASIC Bans BitConnect National Executive for His Part in Multi-Billion Dollar Crypto Ponzi Scheme

Australian Securities and Investments Commission (ASIC) has officially banned a former National Representative of BitConnect from providing financial services for seven years.

Bitfinex: Bitaxe Ultra is Pioneering Open-Source Bitcoin Mining Hardware
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Bitfinex: Bitaxe Ultra is Pioneering Open-Source Bitcoin Mining Hardware

Discover the Bitaxe Ultra, an open-source Bitcoin ASIC miner leveraging Bitmain's BM1366 chip for efficient home mining.

Crypto Scams Surge in 2024: ASIC Cracks Down on Fraudulent Schemes
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Crypto Scams Surge in 2024: ASIC Cracks Down on Fraudulent Schemes

The rise in crypto scams in 2024 underscores the need for vigilance in the Web3 space, according to the Australian Securities and Investments Commission (ASIC).

ASIC Arms Race Continues Unabated with No End in Sight
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ASIC Arms Race Continues Unabated with No End in Sight

The ongoing depreciation challenge faced by ASIC owners as technological advancements in mining equipment persist, according to CoinShares.

Canaan Inc. Submits 2024 Annual Report to SEC
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Canaan Inc. Submits 2024 Annual Report to SEC

Canaan Inc. has filed its 2024 annual report on Form 20-F with the SEC, showcasing its continued innovation in crypto mining and ASIC technology.

US Mint Miner Revolutionizes Crypto Mining with Low-Cost ASIC Hosting
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US Mint Miner Revolutionizes Crypto Mining with Low-Cost ASIC Hosting

US Mint Miner offers ASIC hosting with $0.01 electricity and no service fees, emphasizing renewable energy and 24/7 support, according to CoinMarketCap.

Bit Digital Signs Partnership with BitMine to Host 7,000 ASIC Miners
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Bit Digital Signs Partnership with BitMine to Host 7,000 ASIC Miners

Bit Digital has signed on with BitMine to buy ASIC miners that use oil cooled immersion technology to create a highly efficient environment for heat dissipation, provide superior mining production, and machine longevity.

ASIC Raids Binance Australia as Global Regulatory Hurdles Mount
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ASIC Raids Binance Australia as Global Regulatory Hurdles Mount

As reported by Bloomberg, the Australian Securities and Investments Commission (ASIC) executed a search operation at the offices of Binance Australia. This operation is a part of an ongoing inquiry into the crypto giant's now-closed local derivatives business, highlighting the intensifying regulatory scrutiny Binance is encountering.

Aussie Trading Platform Collapses after User's Damning Complaints
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Aussie Trading Platform Collapses after User's Damning Complaints

MyCryptoWallet, a platform that operates as a trading platform in Australia went bankrupt. A situation that was inevitable as many of the platform’s users started complaining that they were unable to access their funds on the exchange.

Binance Australia Derivatives License Canceled by ASIC
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Binance Australia Derivatives License Canceled by ASIC

ASIC has canceled the financial services license of Binance Australia Derivatives after reviewing Binance's operations in the country. Clients must close their existing derivatives positions before April 21.

Hive Digital Technologies Bolsters Global Reach with Swedish Data Center Acquisition
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Hive Digital Technologies Bolsters Global Reach with Swedish Data Center Acquisition

Hive Digital Technologies acquires a data center in Boden, Sweden, enhancing its Bitcoin production and affirming its commitment to green energy and AI.

Block's 5nm Bitcoin Mining Chip Prototype
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Block's 5nm Bitcoin Mining Chip Prototype

Block has completed the prototype design for its 5nm Bitcoin mining chip, with plans to decentralize the supply of mining rigs through open-source technology. The company has purchased a large batch of ASIC chips from Intel to fast-track development of its proprietary 3nm chip.

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