Authorities in Russia’s Republic of Buryatia uncovered an unauthorized crypto mining operation concealed in a KamAZ truck, illegally drawing electricity from a 10-kilovolt power line meant for a village. The setup included 95 mining rigs and a mobile transformer station. Two suspects fled before police arrived, highlighting the growing issue of electricity theft linked to crypto mining in the region. The discovery underscores the challenges regulators face in curbing illicit mining activities that strain local power grids.
about Illegal Crypto Mining Rig Found in Russian TruckCryptocurrency Innovations
0 in Finance and 0 in Crypto last week
Cardano Network Successfully Defends Against DDoS Attack
Late Tuesday, the Cardano network faced a DDoS attack, but its robust blockchain mechanisms effectively countered the surge in malicious activity, ensuring continued stability and operation. The attack did not disrupt Cardano’s operations.
about Cardano Network Successfully Defends Against DDoS AttackArbitrum and Solana Compete Amid WW3 Shiba’s Rising Influence in Crypto
Arbitrum and Solana compete for transaction speed dominance in the crypto space, while WW3 Shiba gains attention with its highly-subscribed presale and potential in blockchain gaming. Arbitrum’s native token, ARB, has rallied 7% to $0.8335, while Solana has surged 8% to $138.44, aiming for $150. WW3 Shiba, a new SocialFi memecoin, has attracted interest from investors and plans to enter the blockchain gaming space, offering potential gains of 580% during its presale.
about Arbitrum and Solana Compete Amid WW3 Shiba's Rising Influence in CryptoChainlink, Tezos, and Rollblock: Altcoins Poised for Bullish Rallies
Chainlink, Tezos, and Rollblock are showing signs of gearing up for major bullish rallies, with Chainlink gaining momentum despite a bearish market, Tezos set to soar following a collaboration with Google Cloud, and Rollblock’s presale gaining traction with analysts predicting a 100x surge. Rollblock’s innovative features and revenue-sharing model position it as a formidable player in the market, potentially surpassing much-established cryptocurrencies like Chainlink and Tezos.
about Chainlink, Tezos, and Rollblock: Altcoins Poised for Bullish RalliesUnlock Free Kitty Coin Solana Tokens with DappRadar Airdrop Guide
Discover how to claim free Kitty Coin Solana tokens through DappRadar’s step-by-step guide. By staying tuned for updates and engaging with various dapps, users can maximize their chances of qualifying for airdrops. DappRadar provides a secure platform for managing multiple airdrop campaigns and offers comprehensive information about upcoming opportunities in the crypto space.
about Unlock Free Kitty Coin Solana Tokens with DappRadar Airdrop GuideSumsub Introduces Innovative eID Verification Solution for German Users
A global platform, Sumsub, has introduced an innovative eID verification solution in Germany, automating the verification process for German users and eliminating the need for video verifications. The eID solution complies with legal standards and enhances protection against fraudulent activities. It offers three verification methods for German end-users and aims to simplify and scale the identity verification process for both Sumsub’s clients and their users.
about Sumsub Introduces Innovative eID Verification Solution for German UsersCrypto Market Analysis: Bitcoin Cash, BNB, Kaspa, and Rollblock Growth Trends
The crypto market is displaying signs of potential decline, with Bitcoin Cash and Binance (BNB) experiencing increased volatility, while Kaspa (KAS) and Rollblock are also part of the market overview and growth dynamics.
about Crypto Market Analysis: Bitcoin Cash, BNB, Kaspa, and Rollblock Growth TrendsNew Cat-Meets-Trump PolitiFi Memecoin Launches on Solana Blockchain
A new PolitiFi memecoin called MAGA Puss, launching on the Solana blockchain, aims to capitalize on the viral popularity of cat memes and the upcoming US election. With 100% of its Liquidity Pool burned for stability, the coin is expected to attract investors and potentially reach a market cap of $500,000 within two weeks.
about New Cat-Meets-Trump PolitiFi Memecoin Launches on Solana BlockchainAvalanche Gains Traction with Major Financial Institutions for On-Chain Solutions
Avalanche is gaining traction among major financial institutions like JPMorgan and ANZ, as they adopt its network for on-chain solutions, showcasing its potential to transform finance. With the rise of tokenized assets expected to reach $16.1 trillion by 2030, blockchain’s ability to bring real-world assets on-chain is set to revolutionize the financial landscape, as institutions leverage Avalanche to test the merits of on-chain finance.
about Avalanche Gains Traction with Major Financial Institutions for On-Chain SolutionsChainlink Expands Partnerships and Institutional Adoption in 2024
Chainlink, the blockchain oracle protocol, has been forging partnerships with major traditional finance players like Swift and DTCC. Co-founder Sergey Nazarov discusses the protocol’s efforts to bring real-world assets onto the blockchain and its push for institutional adoption in a recent interview. Recorded on June 24, 2024.
about Chainlink Expands Partnerships and Institutional Adoption in 2024