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US Charges Singaporean Miner Who Stole $5M Worth of Cloud Computing Power

The United States prosecutors have officially indicted a man from Singapore for using stolen identities to illegally utilize Amazon Web Services’ cloud computing power for crypto mining.According to the indictment initially filed on Oct. 1, Ho Jun Jia was charged with eight counts of wire fraud, four counts of

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Bitfinex ‘Chainswaps’ $5M Worth of USDT Onto EOS Protocol

Cryptocurrency exchange Bitfinex in conjunction with EOSFinex, its decentralized trading platform, have announced that they had successfully completed a “chainswap” to convert $5 million worth of Tether (USDT) stablecoins onto the EOS blockchain protocol.According to a press release shared with Cointelegraph on Oct. 5, this way the companies aim

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