US Fed, Regulators warns about liquidity risks of crypto assets
The Federal Reserve and other banking authorities in the US require financial institutions to continuously monitor liquidity issues of crypto assets and build effective risk management systems. The United States Federal Reserve and other banking regulators issued a warning to financial institutions regarding the liquidity concerns connected with entities related to crypto assets. According to […]
Montana’s crypto mining bill getting closer to becoming law
After clearing the Montana Senate, a crypto mining rights bill containing legislation prohibiting discrimination against crypto miners is one step closer to becoming a reality. The proposed legislation would entrench a “right to mine digital assets,” prevent “discriminatory” electricity rates for crypto miners, safeguard “at home” mining, and deprive municipal governments of the authority to […]
Man risks arrest for allegedly hiding crypto mine beneath school
A former facilities worker in the United States state of Massachusetts is accused of stealing about $18,000 in electricity to power 11 crypto miners in a school’s crawl area. A former facilities worker who reportedly set up a hidden crypto mining business inside a Massachusetts school’s crawl space is poised to be arrested after failing […]
Israel crypto fraud syndicate targets Australians
According to evidence, Australians were one of the top countries targeted in a sophisticated cryptocurrency investment fraud network with alleged Israeli kingpins. Australians have been identified as one of the critical targets of a sophisticated network of crypto call-centre scammers allegedly managed by Israeli crime lords. Information discovered following a full-scale operation on four Serbian […]