SEC Sues Geosyn Mining for $5.6M Investor Fraud
The SEC accuses Geosyn Mining of defrauding investors, lying about crypto rig counts, and misusing funds for lavish personal expenses.
Cheng YuanThe SEC accuses Geosyn Mining of defrauding investors, lying about crypto rig counts, and misusing funds for lavish personal expenses.
Cheng YuanResearchers from PayPal's Blockchain Group propose incentivizing Bitcoin miners to adopt greener practices using economic principles, potentially reducing Bitcoin's environmental impact significantly.
Cheng YuanThe Crypto-Asset Environmental Transparency Act would direct the EPA to impose greenhouse gas emission reporting rules on crypto mining facilities.
OthersBitcoin uses half the energy that is wasted every year in the U.S.
BeincryptoCompass Mining parts ways with 15% of its workforce while senior employees and executives take major pay-cuts in the wake of the cryptocurrency downturn.
CointelegraphDecentralized, disintermediated, and borderless blockchain networks pose challenges for regulators, but DeFi is the future of finance.
Cointelegraph“This quarter, we saw significant improvements in the energy efficiency and sustainability of Bitcoin mining, a trend that will continue,” said MicroStrategy founder and CEO Michael Saylor.
Cointelegraph