Zapala Free Zone to Offer New Opportunities to Bitcoin Miners in Argentina
The Zapala Free Zone, an area located in Neuquen, Argentina that has the objective of incentivizing various productive activities, will receive its first bitcoin mining-related investment this year. The company that will create the power infrastructure for the mining farm aims to generate more than 114 MW of power for mining operations in the first year. Zapala Free Zone Gets Into Bitcoin Mining Zapala, a free trade zone in the...
Canadian Police Seize Bitcoin Worth $28 Million From Former Government Employee in Ransomware Case
Canada’s police have seized bitcoin worth more than $28 million from a former government employee who has been extradited to the U.S. to “face charges for dozens of ransomware attacks resulting in the payment of tens of millions of dollars in ransoms.” Canadian Authority Seizes Bitcoin Worth $28 Million The U.S. Department of Justice (DOJ) announced Thursday that a former Canadian government employee was extradited the previous day...
AMC Theatres Now Accepts Dogecoin and Shiba Inu Crypto Payments
The world’s largest movie exhibition company, AMC Entertainment, has finally begun accepting payments in dogecoin and shiba inu. Supporters of DOGE and SHIB have been waiting for AMC Theatres to accept the two meme cryptocurrencies since September last year. AMC Customers Can Now Pay With Dogecoin and Shiba Inu AMC Theatres now accepts payments in dogecoin (DOGE) and shiba inu (SHIB) cryptocurrencies. AMC Entertainment (NYSE: AMC),...
US Treasury Launching Cryptocurrency Awareness Program
The U.S. Department of the Treasury is launching a cryptocurrency awareness program. “We’re just trying to raise awareness without trying to stamp out new technology and new innovation,” said an official of the Treasury. Treasury’s Efforts to Raise Crypto Awareness The U.S. Department of the Treasury is launching an initiative to raise awareness about cryptocurrency investing, Reuters reported Tuesday, citing an interview with Nellie...
Chainalysis Launches Screening Tools Designed to Prevent Sanctions Evasion
Blockchain forensics company Chainalysis is launching two tools that will allow crypto companies to deny sanctioned persons and entities access to their platforms. The move comes amid concerns that Russia may use cryptocurrencies to evade sanctions imposed due to its invasion of Ukraine. Chainalysis Offers Crypto Industry New Sanctions-Screening Tools As the military conflict in Ukraine intensifies, western allies continue to expand...
