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Illegal Crypto Mining is Booming in the Republic of Abkhazia

The Republic of Abkhazia is witnessing a surge in crypto mining activities despite crypto-related activities being illegal since 2018. Customs have reported that mining hardware worth over $589,000 has crossed the border over the past six months.According to Nuzhnaya Gazeta, importing crypto mining rigs remains legally permissible. Importers are required

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Investment Platform Republic Aims for Asset Creation on Algorand Chain

Republic, a platform letting users invest in early-stage companies, announced plans to launch its own digital asset on Algorand’s blockchain. “We are excited to be using their cutting edge blockchain technology to enable the creation of a new dynamic digital asset,” Republic co-founder Kendrick Nguyen said of Algorand in a

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