ASIC Suspends FTX Australia’s AFS Licence
ASIC has suspended the Australian financial services licence of FTX Australia Pty Ltd (AFS licence 323193) until 15 May 2023.
OthersASIC has suspended the Australian financial services licence of FTX Australia Pty Ltd (AFS licence 323193) until 15 May 2023.
OthersChina banned crypto trading and mining last year.
CoindeskThe company is offering to move approximately 8,000 machines to Texas.
CoindeskThe Nasdaq-listed Bitcoin miner expects to generate $50 million in annual revenue once the ASIC servers are fully operational.
CointelegraphThe Bitcoin mining company plans to expand its fleet of mining devices, coming on the back of staff lay-offs and executive salary cuts just weeks before.
CointelegraphCompass Mining parts ways with 15% of its workforce while senior employees and executives take major pay-cuts in the wake of the cryptocurrency downturn.
CointelegraphThe facility owner Dynamics Mining publicly took to Twitter to share the letter terminating its hosting agreement with Compass Mining, saying it had unpaid bills.
CointelegraphIn a message to the ASX Pump Organization on Telegram, ASIC said: "Joint pumping up shares is illegal. We can see all trades and use trader identities."
CointelegraphThe bitcoin mining company is expanding into Texas with new custom-built "green" mining rigs that will be powered by Intel Bonanza Mine chips.
Cointelegraph