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Markethive News

Markethive News

Bitcoin Miners Win Reprieve as New York Lets Anti-Mining Bill Die

Bitcoin Miners Win Reprieve as New York Lets Anti-Mining Bill Die The New York Assembly failed to act on legislation passed earlier this week by the Senate. By Jeff Benson In brief Legislators framed the bill around environmental concerns. The legislative session ran out before the Assembly could vote on it. …

China Arrests Over 1000 in Crypto Laundering Scandal

China Arrests Over 1,000 in Crypto Laundering Scandal China has arrested approximately 1,100 people for laundering criminal proceeds by buying cryptocurrencies. By Scott Chipolina In brief China has arrested 1,100 people for laundering the proceeds of crime with cryptocurrency. The announcement was made by China's Ministry of Public Security. On Wednesday, …

Iran’s Bitcoin Mining Could Be Generating 1 Billion in Annual Revenue: Study

Iran's Bitcoin Mining Could Be Generating $1 Billion in Annual Revenue: Study Iran accounts for 4.5% of all Bitcoin mining in the world, says blockchain data firm Elliptic. By Will Gottsegen In brief 4.5% of all Bitcoin mining takes place in Iran, according to a new study. Oil that would otherwise …