Category: KAZAKHSTAN

Poland Confirms Arrest Of Former Wex Exchange Executive In Warsaw

Reports of the detention of Dmitry Vasiliev, ex-head of the bankrupt cryptocurrency exchange Wex, have been confirmed by authorities in Poland. The former executive of the platform, allegedly involved in…

Ex-Head оf Wex Crypto Exchange Reportedly Arrested In Poland, Faces Extradition To Kazakhstan

Dmitry Vasiliev, former chief executive of Russian cryptocurrency exchange Wex, has been detained in Warsaw, the Polish press reported. Vasiliev is wanted in Kazakhstan where he is accused of fraud…

While Chinese Bitcoin Miners Escaped Crackdowns, Sichuan’s Hydropower Plants Were Not So Lucky

Regional reports from China indicate that government officials have been reviewing over 5,100 small-sized hydropower plants in order to get them to adapt to China’s cleanup and rectification process concerning…

Bitmain To Host Miners In 180-Megawatt Data Center In Kazakhstan

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…

Russian Crypto Industry Scrambles To Attract Miners As Kazakhstan Overtakes Russia In Mining Volume

An industry association representing the Russian crypto sector has launched a project to entice bitcoin miners. Despite its abundant sources of cheap energy, Russia is now lagging behind Kazakhstan, another…

University Of Cambridge Bitcoin Mining Map Shows China’s Hashrate Dropped To 46%

After the researchers from the Cambridge Bitcoin Electricity Consumption Index (CBECI) project said that the website’s “Bitcoin Mining Map” had not been updated since April 2020, the map has finally…

Gold Spikes Higher As Fed’s Minutes Report Looms, Central Bank Bullion Purchases Begin To Swell

After a long break, monthly purchasing data shows that central banks are buying gold again. The World Gold Council says throughout March and April, the organization recorded a higher level…