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Block Earner Ruling: Australian Federal Court Delivers Crucial Victory Against ASIC

In a significant development for the cryptocurrency sector in Australia, the Federal Court has delivered a landmark judgment concerning the classification of certain crypto products offered by fintech firm Block Earner. This Block Earner ruling overturns an earlier decision and has major implications for how digital asset services might be regulated moving forward. For anyone […]

Bitcoin News

Scandal: Bitcoin Miners Accused of ASIC Import Customs Evasion

A serious allegation is circulating within the cryptocurrency mining industry: some Bitcoin miners are reportedly engaging in fraudulent practices to reduce costs on crucial hardware. Reports suggest these companies are intentionally under-reporting the true value of imported ASIC mining equipment to US Customs and Border Protection (CBP). This practice aims to lower the amount paid […]

Bitcoin News

Massive $179M Boost: Bitdeer Accelerates ASIC Manufacturing for Bitcoin Mining Dominance

In a groundbreaking development for the Bitcoin mining industry, Bitdeer, a prominent cloud mining firm, has announced a successful capital raise of $179 million. This substantial funding injection is strategically earmarked to bolster the company’s foray into ASIC manufacturing, a move that could significantly reshape the landscape of Bitcoin mining hardware production. Let’s delve into […]