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US Bitcoin Miner Aims to Repatriate 30% of Hash Rate Citing National Security

Bitcoin mining startup Layer1 Technologies has begun operations at its West Texas facility, with an ambitious roadmap to secure 30% of the hash rate.Layer1, which raised $50 million in November from Thiel, Shasta Ventures and Digital Currency Group, said it has now brought multiple 2.5-megawatt liquid-cooled mining containers online.Its

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Google Suspends MetaMask From Its Play App Store, Citing “Deceptive Services”

Google has banned Ethereum (ETH) wallet and decentralized app (DApp) browser Metamask’s android client from its Play app store.The MetaMask team took to Twitter on Dec. 26, where they announced that Google had suspended MetaMask’s android client from Google Play’s app store, claiming MetaMask was in violation of Google’s

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CryptoBridge Decentralized Exchange Shuts Down Citing Regulations, Markets

The decentralized cryptocurrency exchange (DEX) CryptoBridge announced that it is closing down in a message on its website.In the announcement, the exchange warns users that all of the firm’s services and servers will terminate after Dec. 15. Users will be able to withdraw funds from the exchange until the

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Philippines’ Central Bank Will Continue to Closely Monitor Crypto, Citing Terror Financing

The governor of the Philippines’ central bank, Benjamin Diokno, has warned against the potential use of cryptocurrencies for terrorism financing and underscored that the Bangko Sentral ng Pilipinas (BSP) will continue to closely monitor their use in the country. The news was reported by local English language newspaper The

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Indian Crypto Exchange Coinome Halts Services Citing Regulatory Pressure

Indian cryptocurrency exchange Coinome has announced it will be halting operations as of May 15, ostensibly due to regulatory difficulties. The development was announced in an official tweet from the exchange on May 9.As CryptoX has reported, exchanges in the country have faced a moratorium on banking services since

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