Russian authorities have confiscated 238 mining rigs from a community that is said to be entirely focused on gardening. The Irkutsk region in Southeastern Siberia has become the unofficial capital of the Russian Bitcoin mining sector, where illegal crypto mining continues. This is due to its famously low energy rates,
As cryptocurrencies are booming over past years, the hackers and scammers are also rising on the same hand. In addition, the U.S market is one of the largest and leading cryptocurrency marketplace in the world. Moreover, as crypto hackers are playing their smart games, the governments are also keeping an
Chinese police have seized over $4.2 billion in crypto assets over the PlusToken Ponzi scheme as per The Block blog post. The PlusToken, a South Korean crypto exchange, and wallet provider. Moreover, the Ponzi scheme first released its white in February 2018. It promised users attractive payouts capable of generating
Seoul Metropolitan Police Agency’s Intelligent Crime Investigation Unit raided Bithumb for the second time in connection to the BXA token fraud allegations against its Chairman. Bithumb is the largest crypto asset exchange in South Korea. It has over 8 million registered users. One million mobile app users and the current
