decrypt·
Thailand's DSI says a Chinese "grey capital" network used illegal crypto mining and cash mules to launder more than $300 million a year.
Read full articleZcash miner Fortitude Mining Holdings has secured a path to the public markets through an all-stock merger with HeartSciences, a transaction that will place the crypto mining company on the Nasdaq without a traditional IPO. According to a joint announcement…
Thailand has expanded a probe into a transnational Chinese criminal network that used illegal crypto-mining to launder over $300 million annually from online scams and gambling. Rigs Seized and Power Stolen Thai authorities have expanded an investigation into illegal cryptocurrency mining networks allegedly run by Chinese financiers that laundered more than $300 million (10 billion […]
A bill that would make crypto mining and staking more attractive is a top priority for industry leaders—and a growing concern for House Democrats.
The crackdown highlights the need for stricter regulatory oversight to prevent infrastructure risks and financial burdens on local communities. The post Thailand busts illegal Bitcoin mining operation, seizes 315 rigs across five provinces appeared first on Crypto Briefing.
The 26 institutions are Chinese bank branches located in Brazil, Qatar, Thailand, Hong Kong, and Macau, plus China’s branch of Standard Chartered, and will join PBOC’s Cross-border e-CNY Transfer Services (CBETS). The move seeks to increase adoption of the digital yuan’s institutional cross-border payments. China Intensifies Global Digital Yuan Push With New Institutional Partners China […]
IREN's AI infrastructure pivot highlights the industry's shift from crypto mining, raising concerns about execution risks and shareholder value. The post IREN faces $21B funding gap to transition to AI infrastructure appeared first on Crypto Briefing.
Accelerated grid connections for AI data centers could reshape energy markets, impacting cloud computing, crypto mining, and digital infrastructure. The post US government to fast-track grid connections for AI data centers appeared first on Crypto Briefing.
Dell's AI server growth signals a transformative shift in tech investment, with implications for infrastructure, crypto mining, and market dynamics. The post Dell Technologies sees bullish outlook amid AI and non-AI server demand appeared first on Crypto Briefing.
