The founders of HashFlare, a crypto mining company behind a $577 million Ponzi scheme, have escaped additional jail time after admitting to their roles in the scheme. Sergei Potapenko and Ivan Turõgin have been in […]
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Update (Aug. 12, 2025, at 1:30 pm UTC): This article has been updated to add a Qubic announcement. Layer-1 blockchain Qubic said it has “completed its attempt to dominate the Monero network,” claiming a month-long […]
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A 100% tariff on imported semiconductors, formally enacted by the Trump administration on August 7, is reshaping the economics of crypto mining in the United States. The tariff, which targets chips made outside the U.S., […]
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The co-founders of the defunct crypto mining service HashFlare asked a US judge to spare them additional prison time after admitting to wire fraud, but prosecutors said they deserve a decade in prison for orchestrating […]
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Crypto projects captured $2.67 billion in investments last month and is equivalent to 85% of money raised during the entire second quarter. DefiLlama data shows that the funding amount in July is 6% larger than […]
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