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News about Bitcoin, ICO, Blockchain Technology, investment, mining

DOJ charges cryptocurrency miner for stealing $5M worth of computing power

DOJ charges cryptocurrency miner for stealing $5M worth of computing power

The U.S. Attorney's Office for the Western District of Washington has formally charged Ho Jun Jia, a Singapore citizen, for allegedly stealing computing power and services to mine cryptocurrencies.

11 OCTOBER 2019

Ripple Hires General Counsel from Lending Giant CIT Group

Ripple has hired a new general counsel, filling a position that had been vacant for several months.

31 JANUARY 2019

9 Crypto Firms Sue Washington State Utility Over 50 Percent Rate Hike

A major utility in the U.S. state of Washington, Grant County public utility district, and its commissioners are facing a lawsuit filed by nine cryptocurrency firms. The suit alleges that they “acted inappropriately in creating and approving a new rate that raises electricity costs” for cryptocurrency miners.

14 JANUARY 2019

Washington’s Douglas County is Looking to Build a Blockchain Innovation Campus

Local officials of United States’ Douglas County located in central Washington want to build a blockchain innovation campus, local daily newspaper The Seattle Times reports on Jan. 11.

13 JANUARY 2019

Rural Washington County Utility Proposes Increased Electricity Costs for Crypto Miners

Washington’s Chelan County Public Utility District (PUD) has proposed a new electricity pricing structure for cryptocurrency miners meant to pass down the cost of increased electricity demand, Central Washington radio station KPQ reported Nov. 14.

19 NOVEMBER 2018

English Rightist Tommy Robinson Receives £20,000 In Bitcoin Donations

Supporters of English rightist Tommy Robinson, who was recently released on bail after a 13-month jail term for contempt of court was reversed, have donated nearly £20,000 in bitcoin.

5 AUGUST 2018

Washington Utility Stops Accepting Applications for Crypto Mining

A customer-owned utilities company in rural Washington has stopped accepting applications for electricity from crypto mining and similar blockchain operations, the Seattle Times reported July 30.

31 JULY 2018

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