π Illegal crypto mining is on the rise in Tajikistan and Kazakhstan.
πΉπ― In Tajikistan, damages to the power grid reached $3.52 million in the first half of 2025, with dozens of mining setups uncovered and several criminal cases opened.
π°πΏ In Kazakhstan, power company employees illegally supplied mining farms for two years, causing $16.5 million in damages; the organizerβs property was confiscated.
Mining is legal in both countries but tightly regulated due to its strain on the energy system.
@DeCenterOrg
πΉπ― In Tajikistan, damages to the power grid reached $3.52 million in the first half of 2025, with dozens of mining setups uncovered and several criminal cases opened.
π°πΏ In Kazakhstan, power company employees illegally supplied mining farms for two years, causing $16.5 million in damages; the organizerβs property was confiscated.
Mining is legal in both countries but tightly regulated due to its strain on the energy system.
@DeCenterOrg
πΉπ On August 18, Thailand will launch TouristDigiPay, a service allowing foreign visitors to convert cryptocurrency into Thai baht and pay online via QR code.
To use it, tourists must have an account with a licensed provider and complete KYC. The initiative will be introduced by Deputy Prime Minister and Finance Minister Pichai Chunhavajira.
@DeCenterOrg
To use it, tourists must have an account with a licensed provider and complete KYC. The initiative will be introduced by Deputy Prime Minister and Finance Minister Pichai Chunhavajira.
@DeCenterOrg
π Bitcoin has been in a bull market for about three years straight. Since November 2022, when its price hit a low of $15.7K, it has kept climbing.
Investor sentiment has stayed mostly positive, and this is now the longest bull run in Bitcoinβs history.
@DeCenterOrg
Investor sentiment has stayed mostly positive, and this is now the longest bull run in Bitcoinβs history.
@DeCenterOrg
@DeCenterOrg
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π―π΅ Metaplanet buys another 775 Bitcoin worth $90 million.
They now hold 18 888 BTC worth $2.2 billion.
@DeCenterOrg
They now hold 18 888 BTC worth $2.2 billion.
@DeCenterOrg
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π Ethereum ETFs recorded a historic weekly inflow β from August 11 to 15, the funds attracted $2.85 billion.
For comparison, over the same period, spot Bitcoin ETFs brought in $548 million.
@DeCenterOrg
For comparison, over the same period, spot Bitcoin ETFs brought in $548 million.
@DeCenterOrg
π°π· The tax authorities of South Koreaβs Jeju Province have begun freezing and seizing cryptocurrency (on CEX exchanges) from local residents suspected of tax evasion.
@DeCenterOrg
@DeCenterOrg
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Most likely, this was caused by a platform interface lag.
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Previously, Google invested $3.7 billion in TeraWulf.
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πͺπΈ In Spain, a crypto trader has been hit with a β¬9 000 000 tax bill for a standard DeFi operation β locking assets as collateral for a loan.
In essence, it was a technical transaction with no realized profit, but three years later the tax authority (AEAT) reclassified the asset transfer as 'realization of economic gain.'
Lawyers consider the situation utterly absurd.
@DeCenterOrg
In essence, it was a technical transaction with no realized profit, but three years later the tax authority (AEAT) reclassified the asset transfer as 'realization of economic gain.'
Lawyers consider the situation utterly absurd.
@DeCenterOrg
DeCenter β Blockchain and Bitcoin
ποΈ Public companies and funds now control over 2% of the total Ethereum supply. @DeCenterOrg
If the current growth trend continues, by September the share of ETH held in ETFs could surpass that of BTC.
@DeCenterOrg
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πΊπΈ The state of Wyoming has launched Frontier Stable Token (FRNT) β the first U.S. stablecoin issued by a public entity.
The token is already available on several networks, backed by U.S. dollars and short-term Treasuries with 2% overcollateralization.
@DeCenterOrg
The token is already available on several networks, backed by U.S. dollars and short-term Treasuries with 2% overcollateralization.
@DeCenterOrg
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