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“We don’t plan to look for new sites in Russia, but we are developing more than 300 megawatts in the next six to eight months,” Roman Zabuga, a spokesman for BWC UG, a Germany-based mining hosting firm, told CryptoX. BWC UG will likely host Chinese miners from Kazakhstan once the
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Fears of a recession and a 1970s-style stagflation economy continue to grip Wall Street and investors this week, as multiple reports show that recession signals have intensified. With oil and commodity prices surging, Reuters reports that investors are “recalibrating their portfolios for an expected period of high inflation and weaker
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While Russia’s Ukraine invasion has been at the forefront of people’s minds, a global recession and the possibility of an energy crisis have been thrown into the conversation. Reports concerning the U.S. economy note that risks of an economic recession are climbing, and energy market historian Daniel Yergin thinks the
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It might seem unlikely that BlockFi founder and CEO Zac Prince would describe a prosecution that resulted in a $100-million fine for his company as “a win not only for BlockFi but for the broader cryptocurrency industry,” but that is indeed what he said. And, he might be right, although
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Support for Coinbase and its CEO, Brian Armstrong, has been pouring from the crypto community since the company disclosed in a regulatory filing on Wednesday that it had received a Wells notice from the U.S. Securities Exchange Commission. The regulator has threatened to sue the exchange over its proposed Lend
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“One of the greatest tragedies in life,” according to author K. L. Toth, “is to lose your own sense of self and accept the version of you that is expected by everyone else.” For the people of Afghanistan — almost 40 million of them — the loss of self, as
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The summer of regulatory action has now become a global phenomenon. Lawmakers and politicians are waving their fingers and making threats toward the industry’s leading virtual asset service providers — a term coined by the FATF to describe exchanges, wallets, custodians and even DeFi platforms. But when it comes to crackdowns
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Dreams is now out and people have already set about recreating some pretty impressive games in the new engine. Already we’ve seen Fallout 4 and Red Dead Redemption 2 brought to life in Dreams. Now someone just needs to re-create Fallout 76 so we can experience the story without paying money into
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On the first day of November, it came to light that popular crypto derivatives exchange BitMEX had accidentally leaked sensitive data related to its users, which occurred as a result of the company failing to apply a blind copy protocol to its mass mail servers.The lapse was acknowledged by the
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Ever since Facebook announced its cryptocurrency Libra, the social media giant has had to face wave after wave of backlash from regulators across the spectrum from countries all over the world. With that, Libra has essentially managed to put all cryptocurrencies in the crosshairs of these regulators.Now, lobbyists and supporters
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