Latest News and Articles about Cryptocurrency Mining
Hackers Turn Russian Smart Homes into Crypto Mining Botnets
Hackers Exploit Russian Smart Homes for Cryptocurrency Mining Hackers are turning Russian smart homes into crypto farms, using botnets to mine cryptocurrency and launch cyberattacks. This concerning development, reported by Russia’s state-controlled news agency TASS, highlights the dark side of our increasingly connected world. Hackers exploit Russian smart homes for botnets. Botnets used for cryptocurrency […]
Read MoreUAE Clarifies VAT Rules: 5% on Commercial Crypto Mining, Personal Exempt
UAE Tax Authority Clarifies VAT on Cryptocurrency Mining Services The UAE’s Federal Tax Authority (FTA) has introduced new VAT rules that distinguish between personal and commercial cryptocurrency mining, aiming to foster clarity and growth in the crypto sector. Crypto miners providing services to others must pay a 5% VAT. Personal miners are exempt from VAT. […]
Read MorePhoenix Group Ventures to Nasdaq: Dual Listing to Propel Crypto Mining Giant’s Global Reach
Phoenix Group’s Ambitious Leap: Dual Listing on Nasdaq in 2025 Phoenix Group is setting the stage for a groundbreaking expansion in the global cryptocurrency market. This heavyweight in crypto mining, freshly listed on the Abu Dhabi Stock Exchange, plans to make a splash on Nasdaq by 2025. Their ambitious dual listing aims to solidify their […]
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