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Russia's Irkutsk intensifies crackdown on illegal mining, seizes over 8,000 hidden mining sites

Russia's Irkutsk intensifies crackdown on illegal mining, seizes over 8,000 hidden mining sites

Techub News reported, according to DL News, the state-owned power company Irkutskenergosbyt in Russia's Irkutsk region recently disclosed that it has discovered over 8,000 illegal cryptocurrency mining sites. To evade regulation, these mining farms are often disguised as chicken coops, greenhouses, forests, paper mills, or even abandoned gas stations, and frequently use agricultural electricity or electric vehicle charging as a cover, causing significant strain on the local power grid.Since 2019, the company has filed a total of 2,170 lawsuits against illegal miners, seeking damages amounting to $18.5 million. Currently, courts have ordered fines for approximately half of the claimed amount, with some cases resolved through out-of-court settlements. To maintain grid stability, multiple regions in Russia have taken measures to shut down licensed industrial mining operations and plan to introduce artificial intelligence tools to more accurately track and combat hidden illegal mining activities.

17:27
Euro stablecoin EURAU lands on Stellar network

Euro stablecoin EURAU lands on Stellar network

Techub News reports that Stellar posted on platform X, stating that the euro stablecoin EURAU has officially launched on the Stellar network.

17:19
Binance Alpha Box launches ANOME, VELO, and POWER airdrops with a threshold of 235 points.

Binance Alpha Box launches ANOME, VELO, and POWER airdrops with a threshold of 235 points.

Techub News reports that Binance Alpha Box is now live. This event features an updated Alpha Box model, with the airdrop pool containing tokens from three projects: Anome token ANOME, Velo token VELO, and Power Protocol token POWER. Users holding at least 235 Binance Alpha points can claim one airdrop on a first-come, first-served basis. After claiming, users will be assigned to different tiers and randomly receive 824/1030/2942 ANOME, 8750/10938/31250 VELO, or 315/390/1115 POWER, first-come, first-served. If the airdrop is not fully distributed, the points threshold will automatically decrease by 5 points every 5 minutes.

17:15
The address starting with 0x884 purchased 4,093 Ethereum in the past half hour, worth approximately $9.74 million.

The address starting with 0x884 purchased 4,093 Ethereum in the past half hour, worth approximately $9.74 million.

Techub News reports, according to Onchain Lens monitoring, an address starting with 0x884 purchased 4093 Ethereum in the past half hour, worth approximately $9.74 million.

16:42
The founder of the Solana ecosystem application Believe has been accused of allegedly embezzling millions of dollars.

The founder of the Solana ecosystem application Believe has been accused of allegedly embezzling millions of dollars.

Techub News reported, according to SolanaFloor, Sydney entrepreneur and founder of the Solana ecosystem application Believe, Pasternak, is facing charges in a New York court. Prosecutors allege his involvement in an elaborate cryptocurrency Rug Pull scheme, which resulted in investors suffering losses amounting to millions of dollars.

16:08
Upbit will list ZAMA Korean Won, Bitcoin, and USDT trading pairs.

Upbit will list ZAMA Korean Won, Bitcoin, and USDT trading pairs.

Techub News reports that Upbit will list ZAMA trading pairs for KRW, Bitcoin, and USDT today at 20:00.

15:54
Venus Protocol: Independent pools cease operation, user withdrawal rights remain intact

Venus Protocol: Independent pools cease operation, user withdrawal rights remain intact

Techub News reports that Venus Protocol posted on platform X, stating that its Isolated pools have currently ceased operations. Although all related pools are in a paused state, the official emphasized the safety of user funds, and withdrawal channels remain open. Users can choose to migrate their assets or withdraw directly based on whether their assets belong to the Venus Core protocol.

15:44
Binance Alpha will distribute the airdrop today at 17:00, with a threshold of 235 points.

Binance Alpha will distribute the airdrop today at 17:00, with a threshold of 235 points.

Techub News reports that Binance Alpha will distribute airdrops at 17:00 Hong Kong time today. This event adopts an updated Binance Alpha Box model, where the airdrop pool contains tokens from multiple projects. Users with at least 235 Binance Alpha points can claim one token reward on a first-come, first-served basis. Additionally, this airdrop features three reward tiers: Common (80% of the reward pool), Rare (15%), and Super Rare (5%), with each tier corresponding to a different alpha box value. Upon claiming, users will be assigned to one of these tiers. Rewards will be distributed according to the proportions of these tiers. If rewards are not fully distributed, the points threshold will automatically decrease by 5 points every 5 minutes.

15:22
The U.S. Department of Justice Initiates Compensation Process for OneCoin Ponzi Scheme, Seizes Over $40 Million in Assets

The U.S. Department of Justice Initiates Compensation Process for OneCoin Ponzi Scheme, Seizes Over $40 Million in Assets

Techub News reports, according to Cointelegraph, the United States Department of Justice (DOJ) has officially initiated the compensation process for victims of the OneCoin Ponzi scheme. The compensation funds originate from assets seized from individuals associated with the fraudulent scheme. A DOJ notice indicates that over $40 million in seized funds are currently available to compensate victims who suffered net losses from purchasing OneCoin tokens between 2014 and 2019.Founded in Bulgaria in 2014, OneCoin was falsely promoted as a top-tier cryptocurrency and ultimately collapsed due to a lack of practical utility, causing global investors losses exceeding $4 billion. Currently, co-founder Ruja Ignatova remains missing since 2017, is listed on the FBI's Ten Most Wanted Fugitives list with a $5 million reward; the other co-founder, Karl Sebastian Greenwood, was sentenced to 20 years in prison in September 2023.

14:40
There were no net subscriptions or net redemptions for Hong Kong's Bitcoin spot ETFs yesterday, while Ethereum spot ETFs saw net redemptions of 483.67 units.

There were no net subscriptions or net redemptions for Hong Kong's Bitcoin spot ETFs yesterday, while Ethereum spot ETFs saw net redemptions of 483.67 units.

Techub News reports, according to SoSoValue data, there were no net subscriptions or net redemptions for Hong Kong Bitcoin spot ETFs yesterday, while Hong Kong Ethereum spot ETFs saw net redemptions of 483.67 coins; currently, the total asset holdings of Hong Kong Bitcoin spot ETFs are approximately 3960 coins, with total net assets of about $280 million; the total asset holdings of Hong Kong Ethereum spot ETFs are approximately 29940 coins, with total net assets of about $65.55 million.

14:24
Today’s Newsflash
2026-04-14
More
17:27

Russia's Irkutsk intensifies crackdown on illegal mining, seizes over 8,000 hidden mining sites

17:19

Euro stablecoin EURAU lands on Stellar network

17:15

Binance Alpha Box launches ANOME, VELO, and POWER airdrops with a threshold of 235 points.

16:42

The address starting with 0x884 purchased 4,093 Ethereum in the past half hour, worth approximately $9.74 million.

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