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Banks in Kazakhstan to Open Accounts for Registered Crypto Exchanges

July 27th, 2021|

Companies providing trading services for digital assets will be able to open accounts with banks in Kazakhstan, local media reported, quoting the country’s crypto industry association. The service should allow Kazakhs to legally invest in

Kubernetes Clusters Used to Mine Monero by Attackers

July 26th, 2021|

Attackers are abusing an attack vector present in one of the most popular execution engines (Argo Workflows) to repurpose Kubernetes systems to mine cryptocurrencies. The attack exploits a vulnerability in the system of permissions of

Bitmain to Host Miners in 180-Megawatt Data Center in Kazakhstan

July 24th, 2021|

Crypto mining hardware manufacturer Bitmain has partnered with Enegix to host Antminer S19 Pro devices in one of the world’s largest data centers. The facility located in Kazakhstan is designed to accommodate more than 50,000

Chinese Miners Pivot to Alternative Currencies to Keep Operating

July 23rd, 2021|

The Chinese mining crackdown forced many miners to stop their operations and relocate. But another group of miners is planning to pivot to new, more efficient mining schemes to keep operating in the country. Lesser-known

Crypto miner Argo Blockchain seeks US listing

July 21st, 2021|

Argo will raise money from US investors by selling American Depositary Shares (ADS), an instrument commonly used by overseas companies looking to tap the US market.

Museum of Bitcoin Mining History Opens Its Doors in Venezuela

July 20th, 2021|

A new museum dedicated to the history of bitcoin mining opened its doors in Venezuela last weekend. The institution will allow visitors to learn about the history of cryptocurrency mining, going from its roots to

Ukraine’s ‘Largest Illegal’ Mining Facility May Have Been a FIFA Bot Farm

July 18th, 2021|

A data center busted by Ukrainian law enforcement this month for suspected electricity theft may have had a purpose different from mining cryptocurrencies. Ukraine’s security service described the facility as the “largest underground crypto farm”