2018-7-30 19:15 |
Crypto mining firm Sky Mining's CEO Le Minh Tam has reportedly stolen $35 million from investors and fled to America.
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iM Intelligence Mining (iM) today announced the closure of a $2. 5 million funding round that witnessed participation from several prominent individuals and crypto funds. iM Intelligence Mining (iM) Raises $2.
2021-7-22 15:00 | |
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The Chinese Bitcoin mining company announced it had completed a $50 million fundraising that… The post BIT Mining raises $50 million for expansion plans appeared first on Coin Journal.
2021-7-15 14:15 | |
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Bitcoin mining company in the making Gryphon has announced an agreement to purchase 7,200 Antminer S19J Pro for $48 million from Bitmain.
2021-7-8 20:24 | |
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Hut 8 Mining Corp. has raised $8. 3 million from the sale of 6% of its shares to investors. The Canadian bitcoin miner originally intended to raise $7. 5 million from the sale, but it was oversubscribed.
2020-7-1 04:30 | |
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The CEO of Vietnamese cryptocurrency mining firm Sky Mining has reportedly disappeared with investor and company funds worth an alleged $35 million, local media outlet VNExpress reported July 29. According to VNExpress, Sky Mining CEO Le Minh Tam disappeared a week ago, appearing to organize a cleanout of company assets. Tam told investors to go
2018-7-30 18:50 | |
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The CEO of a Vietnamese cryptocurrency mining outfit has allegedly stolen $35 million from investors
2018-7-30 17:01 | |
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In recent mining news, it has been alleged that the CEO of Vietnam-based Sky Mining has fled the country with $35 million USD in investor funds in his possession. Meanwhile, in the US, Tmgcore has acquired a 100-megawatt data center in Dallas, Texas, and local media have reported that Bitmain will open a mining facility […] The post Mining Round-Up: Sky Mining CEO Flees with $35 Million, Texas Attracts Miners appeared first on Bitcoin News.
2018-7-30 03:20 | |
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Advanced Micro Devices (AMD) published its quarterly earnings report this Wednesday reporting that sales of graphics cards (GPUs) to cryptocurrency miners fell during the second quarter. AMD has reported second-quarter earnings of $116 million, or $0.
2018-7-27 19:17 | |
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The world’s biggest mining conglomerate Bitmain announced the digital currency mining giant wants to gather $1 billion in funding before launching its IPO according to Chinese media outlet Toutiao.
2018-7-26 21:00 | |
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In today’s edition of Bitcoin in Brief we cover stories about Skrill launching crypto buying and selling, luxury marketplace The White Company reaching $100 million in transactions, Bitmex setting a trading record, and weak mining-related sales hurting AMD.
2018-7-26 14:55 | |
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Chinese bitcoin mining giant Bitmain has revealed the total hashrate of all its cryptocurrency mining hardware. This was done as part of a larger push towards greater business transparency by the company ahead of its rumored massive IPO.
2018-7-26 23:20 | |
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24 hours saw mining companies selling bitcoins worth $17.3 million in total, while they mined bitcoins only worth $14.4 million.
2018-7-26 17:17 | |
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Trump’s new task force to police crypto, Binance gets $1.4 million for Japanese flood, Kodak admits lies on crypto mining scheme & Black Rock accidentally boost Bitcoin prices
2018-7-23 22:43 | |
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Trump’s new task force to police crypto, Binance gets $1.4 million for Japanese flood, Kodak admits lies on crypto mining scheme & Black Rock accidentally boost Bitcoin prices
2018-7-20 22:07 | |
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On 18th July, Hurun Research Institute released a Q2 report of the Hurun Greater China Unicorn Index. Unicorn Index is valued at $500 million or more and it measures the share price performance of U.
2018-7-20 08:27 | |
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Chinese Trojan developers arrested after being suspected of illicit control of over 300 million computers. A few have already been released on bail. The post China Arrests Trojan Developers Who Controlled over 1 Million Computers for Mining appeared first on CoinCentral.
2018-7-12 18:40 | |
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Bitcoin Press Release: HashByte, a cloud-mining service running purely off of renewable energy launched earlier this year, bringing with it wave of change to what has become a struggling industry.
2018-7-12 13:54 | |
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If you had bought $100 in bitcoin back in 2011, your investment would be worth nearly $4 million today. That sort of precipitous rise is stunning, of course, but bitcoin wasn’t intended to be an investment instrument.
2018-7-11 14:44 | |
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The largest cryptojacking breach, in terms of sheer scale, came to light in China after local authorities identified a group of hackers who ran an illicit mining operation for over two years. Largest Cryptojacking Breach On July 9, 2018, local news Legal Daily reported a massive cryptojacking spree of a group in China’s Dalian city after suspicious activities pointed to.
2018-7-12 04:00 | |
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Local police, recently, arrested a group of Chinese technology professionals in Da Lian City over charges of running a $2 million illegal crypto mining scheme. Of the 20 suspects, 11 were released on bail while 9 others have been jailed.
2018-7-10 16:14 | |
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Malware attacks are one of the easiest ways for hackers to steal money from unsuspecting consumers, especially those that invest in the crypto world. In a report on July 9th, hackers used exactly this method to steal a total of $2 million from over 1 million computers. The hacking took place primarily in China, though […]
2018-7-10 10:13 | |
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Cryptocurrency mining malware that infected over a million computers in China reportedly earned its creators more than $2 million over two years. According to a local news report on Monday, police in China’s Da Lian city have arrested 20 suspects from a computer technology firm who allegedly gained control of the large number of computers
2018-7-9 14:46 | |
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A group of crypto mining malware creators has acquired illegal crypto wealth worth $2 million over the last two years according to Chinese news report. The alleged suspects for the cybercrime include 20 men who were arrested on Monday by Da Lian city Policemen.
2018-7-9 14:43 | |
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Mining Kumamoto Electric Power Company and OZ Mining Corporation have announced that they will start operating a crypto mining farm from August, aiming to install 14,000 mining machines and reach 90 million yen profit by March 2020.
2018-7-9 13:18 | |
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Kumamoto Electric Power Company and OZ Mining Corporation have announced that they will start operating a crypto mining farm from August, aiming to install 14,000 mining machines and reach 90 million yen profit by March 2020.
2018-7-9 11:35 | |
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The world’s largest producer of ASIC mining machines, Bitmain, is expected to invest $50 million into the upcoming IPO of Opera Ltd. Bitmain’s Expanding Circle of Influence Norway-based Opera Ltd.
2018-7-9 23:07 | |
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Bitcoin mining giant Bitmain has just completed a round of funding which takes its value to a reported $12 billion dollars USD. The ASIC chip developer and mining pool operator was founded in 2013.
2018-7-8 19:21 | |
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“Virtual currencies are processed cryptographically, a miner is the machine that supports this encryption process. If you mine Bitcoin, you can process 12. 5 bitcoins in 10 minutes, which would be the equivalent of 10 million yen, (US$ 90,000).
2018-7-7 16:01 | |
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Bitmain, the Bitcoin mining behemoth, is now reportedly valued at $12 billion. This new valuation comes after the company closed a $400 million Series B funding round. Bitmain, which controls a major chunk of the Bitcoin mining hashrate, is also set to invest in the upcoming Opera browser IPO.
2018-7-7 15:00 | |
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$12 Billion: The Value of Mining Giant Bitmain in the New Funding Round Bitmain, the Chinese bitcoin mining giant reportedly closed a Series B funding that valued the company at around $12 billion. Caixin, Chinese business media reported on Friday the equity financing was somewhere between $300 and $400 million, though it is still unclear […]
2018-7-7 23:43 | |
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Having successfully closed a Series B round funding, the China-based cryptocurrency industry giant Bitmain is valued $12 billion. As it has been reported, one of the most popular Chinese bitcoin miner and mining chip designer Bitmain Technologies Ltd.
2018-7-6 18:57 | |
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The company has already collected more than $2 million through a private sale of its coins. This is not surprising, as this platform has the potential to turn the cryptocurrency market on its head in several different ways: secure mining, storage of a large amount of data using gadgets around the world, and financing of blockchain through the creation and development of decentralized applications (DApps).
2018-7-5 20:00 | |
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One of the most popular website in the world with around one million visitors a day goin by their Alexa rank of 82 for US, has begun utilizing a Monero... The post Pirate Bay Starts Mining Crypto on Their Website appeared first on Trustnodes.
2018-7-4 15:40 | |
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Gigabyte Technology Co Ltd announced at a recent investors’ conference that they are expecting a significant revenue drop for the second quarter of 2018. The company is a leading supplier of graphics cards and motherboards – components used in cryptocurrency mining operations.
2018-7-3 06:00 | |
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CoinEx jumped past 70 exchanges in less than 24 hours as its trading volume rose from $5 million to $1. 5 billion following its adoption of a controversial new trading policy. Since offering a version of the ‘trans-fee’ mining model, it has moved into first place by exchange volume.
2018-7-2 17:30 | |
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A new cybersecurity report from Kaspersky Labs notes a significant decline in the amount of ransomware targeting Internet users as compared to the growing increase of cryptojacking, in a report published June 27.
2018-6-30 23:53 | |
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Police in Ruian, East China’s Zhejiang Province, arrested 16 suspects who allegedly implanted programs to secretly control computers in more than 30 cities for cloud mining. According to the police, the suspects controlled more than 100,000 computers and had mined more than 5.
2018-7-9 14:43 | |
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Per the arrests, the agencies confiscated such illicit items as military-grade weapons, drugs and drug manufacturing equipment. They also seized some $3.6 million in hard cash and gold bars, as well as at least 2,000 bitcoin (valued at just over $12 million) and related mining hardware. With these leads, the coalition of federal agencies rooted
2018-6-27 23:02 | |
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The U. S. Department of Justice, in cooperation with the Immigration and Customs Enforcement’s Homeland Security Investigations (HSI), the Secret Service (USSS), the Postal Inspection Service (USPIS) and the Drug Enforcement Administration (DEA), have apprehended more than 35 dark web drugs and arms dealers in a nation-wide bust.
2018-6-27 20:26 | |
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Authorities in Ukraine say that they don't have any plans to regulate the country's $100 million cryptocurrency mining market.
2018-6-26 18:23 | |
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A man has been arrested in China for fraud over the sale of underpriced Bitcoin mining equipment and is awaiting prosecution. According to state media, the man made nearly 100 million yuan ($15 million) from 50 investors within a few months.
2018-6-26 02:30 | |
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Still, good old fashioned methods of separating people from their money have not disappeared. A new example of this comes from China where a man allegedly made about $15 million by just appealing to people’s greed, promising mining hardware at a huge discount, and simply running away with the money. Mr. Zhang, a resident of
2018-6-26 22:53 | |
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A miner has paid $13 million to convert an abandoned Intel chip manufacturing complex into an industrial mining farm. Also Read: Silicon Valley Whales Buy Diamonds in the Millions With Bitcoin New 85,000 Square Feet Mining Operation 3G Venture II, a California-based company, has paid $13 million for a big chuck of an abandoned Intel
2018-6-25 21:01 | |
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Following such places as Quebec and New York, the latest location in North America to attract large Bitcoin mining operations with a cheap supply of electricity is Colorado Springs. A miner has paid $13 million to convert an abandoned Intel chip manufacturing complex into an industrial mining farm.
2018-6-25 19:40 | |
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Bitmain’s ASIC dominance has continued, with Bitmain-based mining pools collectively accounting for nearly 50% of all Bitcoin mining power. Bitmain Dominates Bitcoin ASIC Industry Two prominent Bitcoin mining pools, BTC.
2018-6-25 12:00 | |
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BTCC's mining pool has provisionally agreed to sell a large portion of its equity to a Hong Kong-based financial service firm for $17 million.
2018-6-25 12:00 | |
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Lucara Diamonds, which is one of the most prominent diamond mining companies located in Botswana, is now looking forward to using blockchain technology to revolutionize their business from the ground up.
2018-6-24 22:43 | |
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Mining Companies mining cryptocurrencies are not required to obtain a license, the Ukrainian state agency responsible for licensing regimes said this week. The annual revenue generated by the Ukrainian crypto mining industry amounts to over $100 million, according to recently published data.
2018-6-24 13:22 | |
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Companies mining cryptocurrencies are not required to obtain a license, the Ukrainian state agency responsible for licensing regimes said this week. The annual revenue generated by the Ukrainian crypto mining industry amounts to over $100 million, according to recently published data.
2018-6-24 10:55 | |
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