Iran Bans Crypto Mining, seizes 7k Rigs
In the last 48 hours, officials stormed 50 places across Iran’s capital, uncovering 3,000 unlawfully operating crypto miners, according to Tehran’s police head. Iranian provincial police have announced that they have seized more than 7,000 crypto mining machines at a farm in Tehran, extending their assault on large and small crypto miners. Police confiscated crypto […]
MicroStrategy Goes Down After Purchasing Bitcoin
After the Bitcoin purchase of MicroStrategy’s stock price crumbled in early trading on Monday, MicroStrategy fell 7.5%, as investors showed a more cautious attitude towards the company’s cryptocurrency investments. In its most recent purchase, the company spent roughly $489 million to procure 13,005 tokens. At the time of the disclosure, the price of Bitcoin continued […]