Pool-X Launches BurningDrop, Supporting KTSt Genesis Mining

Pool-X Launches BurningDrop, Supporting KTSt Genesis Mining

Disclaimer: The text below is a press release that was not written by Cryptonews.com. On September 16, 2020, KuCoin, an IDG-backed crypto exchange, announced that its Pool-X platform has launched the BurningDrop program and will provide services for the Kratos Genesis token (KTSt) Distribution. Users…

Mining on the Moon will be biggest 'economic revolution' in history, expert says

Mining on the Moon will be biggest 'economic revolution' in history, expert says

Mining on the Moon is decades away and will become the biggest “economic revolution” in history, an expert says. Planetary scientist Dr Philip Metzger said nations, companies and entrepreneurs will soon be racing to be the first to set up a permanent lunar base. He…

Bitcoin Mining Company Spending $10M to Buy Back Shares

Bitcoin Mining Company Spending $10M to Buy Back Shares

In brief Canaan is spending $ 10 million to buy back stock, which currently costs about $ 2. The maker of Bitcoin mining hardware received $ 90 from a 2019 IPO that sold shares for $ 9. The Chinese company reported a year-over-year decline in…

Russian Ministry’s Crypto Mining Plans ‘a Cause for Concern’

Russian Ministry’s Crypto Mining Plans ‘a Cause for Concern’

Source: Adobe/Oleg The Russian Ministry of Finance wants to ban crypto miners from receiving token rewards leading to what newspaper Izvestia has called “a de facto ban on the circulation of cryptoassets in Russia.” The newspaper said it has seen Ministry of Finance-drafted legislation proposals…

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