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Amid Electricity Shortages, Kosovo Government Places Ban On Crypto Mining

Kosovo has banned crypto mining on Tuesday in an effort to reduce electricity use as the country grapples with its worst energy crisis in a decade as a result of electricity disruptions. Kosovo Bans Crypto Mining Operations Due to electricity shortages during the winter season, the government of Kosovo has decided to

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UAE-Based Phoenix Technology Consultants Places Order for $650M Worth of Crypto Mining Rigs

U.A.E.-based Phoenix Technology Consultants has signed a $650 million order for crypto mining rigs, one of the largest purchases on record, CEO Munaf Ali said at the World Digital Mining Summit (WDMS), which started in Dubai.Deliveries of the “new generation” machines will start in 2022. Phoenix will also place orders

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LedgerX Places Founders on Administrative Leave After Tussle With CFTC

LedgerX offers bitcoin derivatives products to institutional and retail investors in the U.S., primarily physically-settled options and swaps contracts. The company failed in a bid to launch physically-settled bitcoin futures earlier this year, though its application to modify a Commodity Futures Trading Commission (CFTC) registration allowing it to do so

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