Crypto Retro

2024-03-22 18:31:03 Russian Crypto Mining Hotspot Cracks Down on Illegal Miners

Irkutsk Takes a Stand Against Power Pilferers
The Irkutsk Prosecution Service is taking legal action against a 35-year-old crypto miner for allegedly stealing electricity in Cheremkhovo.

Avoiding a Power Struggle
Following the closure of 17 illegal mining farms in Krasnoyarsk, Omsk, and Khakassia, Irkutsk hopes to prevent a power overload by clamping down on unauthorized miners.

No Room for Grey Areas
Similar crackdowns have been witnessed in Abkhazia, as authorities aim to distinguish between legitimate and "grey" miners.

Higher Energy Prices as a Solution?
Irkutsk Oblast is banking on the Russian energy ministry's plan to increase energy costs for miners, hoping it will deter newcomers and alleviate strain on their power grids.

Seizing Equipment, Seeking Justice
Prosecution officials have shared images of the confiscated mining gear, with the accused facing charges of causing property damage through deception or abuse of trust.

From Land Lease to Mining Farm
The miner allegedly rented land and set up shop with over 200 pieces of computer equipment, utilizing an integrated transformer substation for his operations. Open / Comment

2024-03-19 17:01:52 China's Central Bank Unveils Digital Yuan Guide for Global Travelers

China's central bank, the People's Bank of China, is making it easier for foreign visitors to experience the wonders of the country with its latest offering: a comprehensive digital yuan service guide.

Titled "Explore the Splendors of China with e-CNY Service Guide for Visitors in China," this informative publication highlights how international tourists can now embrace the convenience of contactless payments using the official mobile app.

To get started, all one needs to do is download the "e-CNY" app from either the App Store or Google Play. This user-friendly platform allows for hassle-free registration through authorized local banks.

Even if you don't have an account with a Chinese bank, fret not! The digital yuan wallet welcomes users from over 210 countries and regions, and you can even opt for an anonymous wallet without any need for physical visits or personal information.

By simply linking your Visa or Mastercard to the wallet, you can effortlessly make deposits and enjoy a transaction cap of 2,000 yuan (~$282) per payment, with a daily limit of 5,000 yuan (~$705) for anonymous users.

Need to top up your digital funds? No problem! Just use your linked account to add money to your wallet. And if you have any unused balance, it's as easy as pie to transfer it back to your original account.

For those in Hong Kong SAR, there's an added bonus: the "Faster Payment System" lets you top up fee-free using local banking accounts such as HSBC and Standard Chartered Bank.

When it comes to spending, the options are aplenty. Whether you prefer scanning QR codes or tapping like Apple Pay, the digital yuan wallet is your gateway to seamless transactions with online retailers and local vendors. Open / Comment

2024-03-18 16:02:07 BeFi Labs LBP sale is Live on FjordFoundry!
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2024-03-17 19:02:14 Onmi's Epic Journey Begins!

This month, the game changes. Onmi, the groundbreaking mobile game blending AAA+ excitement with blockchain's cutting-edge tech, is here. It’s more than a game; it's the future of play, offering real rewards for your adventures.

Pre-Airdrop Alert: Seize the Moment!

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Your Quest Begins:
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3. Treasure Awaits: Grab $300 worth of tokens.

Onmi isn't just a game; it’s a new world. A place where your courage, strategy, and curiosity earn you more than just points. They earn you a legacy.

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Will you be among the pioneers? Create your account NOW: onmi.io Open / Comment

2024-03-16 18:30:33 US Department of Justice Strikes Back: $2.3 Million ‘Pig Butchering’ Scam Exposed!

The romance turned into a nightmare for a Massachusetts resident who fell prey to a cunning "pig butchering" scam, losing over $400,000 to a crypto wallet.

The investigation uncovered a pattern of deceit, with 37 victims across the US ensnared in this web of lies. But justice is swift, as the DOJ seized crypto from two Binance accounts worth an estimated $2.3 million!

These scams aren't just about broken hearts; they're about breaking the bank too. Scammers build trust online before slicing away at victims' savings, leaving behind financial and emotional wreckage.

The seized cryptocurrency, including USDC, USDT, TRX, SOL, BNB, ADA, and ETH, is now on the chopping block for forfeiture. But first, third parties can stake their claim before the funds are returned to the victims.

It's not just one bad apple; the FBI reports a whopping 53% surge in crypto-related investment losses in 2023 alone. With losses totaling $3.94 billion, it's clear that vigilance is key in this digital investment landscape. Open / Comment

2024-03-15 20:04:23 Investments can be not only profitable, but also eco-friendly and super profitable . Like, for example, the #Chimpzee project!

#CHMPZ is a reliable investment for your long-term portfolio. The project provides investors with four ways to profit: participation in the NFT game, NFT marketplace, and Chimpzee shop. In addition, there is an opportunity to stake tokens and get up to 40% per year and earn on the growth of the coin's price.

A technical analysis of this coin shows that after unlocking a portion of it, many people have been selling it to make a quick cash. However, the recent chart shows us a strong uptrend with a target to close the GAP zone. Our long-term goal is to close the GAP zone and reach $0.0005, earning 130%.

Read more:
@officialchimpzeetelegramgroup
Chimpzee.io Open / Comment

2024-03-15 19:00:05 Are you ready to embark on an unforgettable gaming journey? Look no further, because Bombastic has got you covered!

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2024-03-13 18:31:10 Tether Expands Reach: USDT Now Available on Celo Chain

Tether, the powerhouse behind the world's largest stablecoin USDT, has made a groundbreaking move by launching its stablecoin on the Celo chain.

This development is not just a feather in Tether's cap but also a significant milestone for Celo, as it gains access to the colossal USDT market.

With a whopping $100 billion market cap, USDT continues to dominate the stablecoin space, assuring users that each token is backed by real-world assets like cash and treasury bills.

The integration of USDT on Celo means faster transfers and lower transaction fees, making it an attractive option for those without traditional banking services.

Designed with mobile users in mind, Celo aims to foster financial inclusion globally, especially in emerging markets where mobile phone usage is high.

The Celo ecosystem boasts an impressive network of 1,000 projects across 150 countries, with Opera MiniPay and SocialConnect gaining traction in Africa.

Tether's collaboration with Celo goes beyond offering USDT; there are discussions about using the stablecoin to pay transaction fees, potentially streamlining operations for decentralized applications.

This move aligns with Tether's vision of making digital currencies more accessible and reliable. As CEO Paolo Ardoino puts it, "Together, we can make Tether more usable and accessible for millions."

Notably, Celo's recent integration with Rarible brings advanced tools to NFT developers, further enriching the blockchain ecosystem. Open / Comment

2024-03-11 20:00:22 Exciting Times Ahead: BabyChita Token Unveils Chita Rush Game and ChitaVerse Assistant!

BabyChita Token is not just another meme coin! This ambitious project has been making waves in the world of artificial intelligence and now, they are ready to take it up a notch with their latest releases.

ChitaVerse Assistant is an open project that promises to be your ultimate guide in the ever-evolving web3 and crypto sector. Ask it anything, and it will not only provide detailed answers but also double up as your personal financial advisor – all for free, no membership required!

But that's not all! Mark your calendars for March because BabyChita Token is set to drop their highly anticipated game, "Chita Rush". Get ready to dive into a thrilling adventure that combines the classic temple parkour experience with the cutting-edge world of web3 metaverse.

Want to know more? Head over to their website and follow their social media accounts for updates on Chita Rush and to start exploring the incredible capabilities of ChitaVerse Assistant. The future of gaming and AI is here, and BabyChita Token is leading the charge!

Stay tuned for more exciting news from the BabyChita Token team!

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