Author: Derek Andersen
South Korea has been taking steps to suppress crypto scams. This newest one is the largest ever although. A monetary influencer in South Korea is alleged to have arrange an enormous cryptocurrency rip-off after dissatisfied traders wished a refund for dangerous inventory recommendation he had given. Police have arrested 215 individuals in reference to the alleged fraud.Of the 215 individuals arrested, 12 stay in custody, South Korean information company Yonhap reported. These detained embody the alleged ringleader of the rip-off, who was recognized because the middle-aged head of an funding advisory firm and YouTuber with 620,000 subscribers. He was referred…
Bitcoin miner Hive Digital is upgrading its infrastructure because it begins development of services in Paraguay, the fourth nation it should function in. The Nasdaq-listed Canadian miner has bought 6,500 Canaan Avalon A1566 application-specific built-in circuits (ASICs) for supply from December by way of March 2025.Hive Digital revs upThe primary 500 new ASICs have been delivered within the second week of November, with 4 extra shipments coming by way of the primary quarter of 2025. They may enhance Hive Digital’s hash price from 5.6 EH/s to six EH/s by March, the corporate stated.Shortly after the completion of the ASICs supply,…