262 days ago • cryptodaily
CryptoMinerBros Celebrates 5 Years of Building the Future in the Crypto Mining Community
Kowloon city, HongKong, August 7th, 2023, ChainwireFounded in August 2018 and headquartered in Hong Kong, Crypto Miner Bros has become one of the leading crypto mining hardware distributors within five years of its launch. With a dedicated team of blockchain experts, e-commerce specialists, and crypto mining professionals, Crypto Miner Bros has become a reputable name in the crypto mining industry.Crypto Miner Bros has built an incredible mining community that wholeheartedly believes in the company’s vision of making crypto mining accessible to everyone. The company’s progress and achievements would not have been possible without the invaluable support of the clients. Crypto Miner Bros is committed to giving back to the community by offering the world’s finest crypto mining tools and comprehensive end-to-end crypto mining solutions.In August 2018, Crypto Miner Bros started as an E-commerce platform specializing in crypto mining hardware with a vision of providing miners with a positive crypto mining experience. Within one year of its launch, the company had already become one of the world’s most trusted platforms for crypto mining hardware. Crypto Miner Bros is endorsed by globally recognized brands such as Nicehash, Asic Miner Value, Crypto Compare, Whattomine, and CoinWarz. The company’s goal for the upcoming year is to continue making crypto mining accessible to everyone, spreading the benefits of this technology far and wide.Buying crypto mining hardware from a reliable source has always been challenging for international buyers. Crypto Miner Bros provides an excellent platform for miners by joining hands with reputed mining hardware manufacturers in China and Hong Kong. Miners can find all the reputed mining hardware brands from Bitmain to Canaan Avalon Goldshell, Jasminer, MicroBT, Innosilicon, and more on the Crypto Miner Bros website.Entering its sixth year, Crypto Miner Bros focuses on bridging the gap between miners and manufacturers and getting quality crypto mining products to the global market. The company constantly strives to expand the mining community of Crypto Miner Bros in the coming year by introducing P2P (Peer-to-Peer) deals. Thus, miners can readily access advanced ASICs at better deals and enjoy hassle-free buying. The company also aids faster shipping to customers worldwide with its dedicated sales team. Though Crypto Miner Bros has an active international sales team, the organization plans to have dedicated technical support centers in every continent. Thus, the company can promptly ship the miners to any location and assist the customer with their queries. Besides, Crypto Miner Bros will continue to act as a reliable platform for all crypto miners with a rich source of information related to crypto mining, cryptocurrencies, blockchain, and other related topics. Moreover, the company’s dedicated customer support team will assist the customers 24/7 in setting up the ASIC or any hiccups customers may face with crypto mining.About Crypto Miner BrosCrypto Miner Bros, a leading Asic hardware provider, continues delivering high-quality products and services worldwide to all crypto mining enthusiasts. The company partners with reputed mining hardware manufacturers and deals with high-quality mining equipment to provide a positive mining experience to its customers. For more information visit Crypto Miner's official website.Crypto Miner Bros extends its heartfelt gratitude to its customers, stakeholders, and employees. Crypto Miner Bros promises to continue delivering excellent products and services in the years to come. Miners can look forward to Crypto Miner Bros for advanced mining equipment, informative videos, educational content, and, of course, 24/7 assistance.Contact Crypto Miner BrosWhatsapp / Wechat / Call : +86-13530796464USA Hotline: +1-806-305-324ContactCOOHan SuCrypto Miner [email protected]+86-13530796464
262 days ago • cryptodaily
CryptoMinerBros Celebrates 5 Years of Building the Future in the Crypto Mining Community
Kowloon city, HongKong, August 7th, 2023, ChainwireFounded in August 2018 and headquartered in Hong Kong, Crypto Miner Bros has become one of the leading crypto mining hardware distributors within five years of its launch. With a dedicated team of blockchain experts, e-commerce specialists, and crypto mining professionals, Crypto Miner Bros has become a reputable name in the crypto mining industry.Crypto Miner Bros has built an incredible mining community that wholeheartedly believes in the company’s vision of making crypto mining accessible to everyone. The company’s progress and achievements would not have been possible without the invaluable support of the clients. Crypto Miner Bros is committed to giving back to the community by offering the world’s finest crypto mining tools and comprehensive end-to-end crypto mining solutions.In August 2018, Crypto Miner Bros started as an E-commerce platform specializing in crypto mining hardware with a vision of providing miners with a positive crypto mining experience. Within one year of its launch, the company had already become one of the world’s most trusted platforms for crypto mining hardware. Crypto Miner Bros is endorsed by globally recognized brands such as Nicehash, Asic Miner Value, Crypto Compare, Whattomine, and CoinWarz. The company’s goal for the upcoming year is to continue making crypto mining accessible to everyone, spreading the benefits of this technology far and wide.Buying crypto mining hardware from a reliable source has always been challenging for international buyers. Crypto Miner Bros provides an excellent platform for miners by joining hands with reputed mining hardware manufacturers in China and Hong Kong. Miners can find all the reputed mining hardware brands from Bitmain to Canaan Avalon Goldshell, Jasminer, MicroBT, Innosilicon, and more on the Crypto Miner Bros website.Entering its sixth year, Crypto Miner Bros focuses on bridging the gap between miners and manufacturers and getting quality crypto mining products to the global market. The company constantly strives to expand the mining community of Crypto Miner Bros in the coming year by introducing P2P (Peer-to-Peer) deals. Thus, miners can readily access advanced ASICs at better deals and enjoy hassle-free buying. The company also aids faster shipping to customers worldwide with its dedicated sales team. Though Crypto Miner Bros has an active international sales team, the organization plans to have dedicated technical support centers in every continent. Thus, the company can promptly ship the miners to any location and assist the customer with their queries. Besides, Crypto Miner Bros will continue to act as a reliable platform for all crypto miners with a rich source of information related to crypto mining, cryptocurrencies, blockchain, and other related topics. Moreover, the company’s dedicated customer support team will assist the customers 24/7 in setting up the ASIC or any hiccups customers may face with crypto mining.About Crypto Miner BrosCrypto Miner Bros, a leading Asic hardware provider, continues delivering high-quality products and services worldwide to all crypto mining enthusiasts. The company partners with reputed mining hardware manufacturers and deals with high-quality mining equipment to provide a positive mining experience to its customers. For more information visit Crypto Miner's official website.Crypto Miner Bros extends its heartfelt gratitude to its customers, stakeholders, and employees. Crypto Miner Bros promises to continue delivering excellent products and services in the years to come. Miners can look forward to Crypto Miner Bros for advanced mining equipment, informative videos, educational content, and, of course, 24/7 assistance.Contact Crypto Miner BrosWhatsapp / Wechat / Call : +86-13530796464USA Hotline: +1-806-305-324ContactCOOHan SuCrypto Miner [email protected]+86-13530796464
281 day ago • cryptodaily
Chinese Authorities Bust $55M USDT Money Laundering Scheme
Enforcement authorities in China’s northern province of Shanxi have uncovered an alleged USDT money laundering scheme amounting to over $55 million.
According to local news reports, the police have arrested 21 individuals in connection with the money laundering ring.
A Major Bust
The laundering operation came to light when authorities in Qinshui County observed that a bank account operated under the name of Mouyue Zhao had a highly erratic flow of funds. This abnormal flow of funds sparked suspicions of money laundering, leading to the police launching a thorough investigation. The investigation revealed staggering details about how an organized group of criminals had been orchestrating an over-the-counter (OTC) trading ring involving USDT since October 2021, according to a report by China’s national broadcasting service.
USDT is the world’s largest stablecoin and has its value pegged to the US Dollar. It is operated by Tether Limited Inc.
Modus Operandi
Investigators revealed that the accused individuals operated across four provinces, purchasing USDT at a low price and then selling it at higher prices through WeChat groups and money laundering platforms and making significant illegal profits. Authorities stated that the laundering operation had completed transactions totaling nearly $55 million over the nearly three-year period of their operations.
Authorities were able to track down members of the operation across six cities in the provinces of Jiangxi, Henan, Guangxi, and Anhui. Over 50 officers were dispatched to arrest the perpetrators. Along with the arrests, the police also seized over 40 mobile phones, along with 200,000 yuan ($28,000) in cash and over 1 million yuan worth of USDT ($140,000).
Suspects Confess
The suspects were interrogated by the authorities and, according to local news agencies, have confessed to the accusations made against them. The accusations include facilitating the conversion of the Chinese Yuan to USDT and helping criminals launder their money. However, the case is still open and remains under investigation. According to the authorities, USDT has quickly become a preferred choice for crypto money launderers thanks to the ease and anonymity that it offers.
China’s Stance On Crypto
China has historically taken a tough stance against crypto. However, the country’s stance comes as no surprise to long-time observers of the crypto space. Chinese citizens first caught wind of cryptocurrencies in 2011 thanks to the centralized exchange Bitcoin China, set up by Bobby C. Lee. Bobby C. Lee is the brother of Litecoin’s Charlie Lee. During the early days of Bitcoin, Bitcoin China was responsible for a significant chunk of the global Bitcoin trading activity.
Bitcoin soon became widely accepted in China, with businesses beginning to accept it as payment. However, 2013 saw China’s first attempt at stifling the crypto space in the country, even though Bitcoin adoption was skyrocketing, with the People’s Bank of China prohibiting banks from holding or transacting in digital currencies. However, Chinese citizens could still buy, send, and store crypto. During the 2017 bull run, Chinese authorities put further sanctions on the crypto space, outlawing all platforms offering ICOs (Initial Coin Offerings). Additionally, authorities also forced several exchanges to shut down operations.
In 2021, Chinese officials banned crypto mining, effectively crippling the industry in China. The impact on the markets was severe, with Bitcoin’s hash rate falling to 50% and its price registering a dramatic drop. Along with the ban on mining, authorities also outlawed all crypto trading and transactions. Additionally, anyone working with Chinese firms associated with the crypto space could potentially face jail time. However, despite all these hurdles, Chinese citizens can still access cryptocurrencies through proxy internet servers and decentralized finance (DeFi) platforms.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
329 days ago • cointelegraph
Yuan stablecoin team arrested, WeChat’s new Bitcoin prices, HK crypto rules: Asia Express
Chinese RMB stablecoin issuer’s Shanghai office reportedly deserted after police raid, and WeChat offers Bitcoin prices — but for how long?
847 days ago • bitcoinexchangeguide
StarkWare Proposes to Deploy Aave on its ZK-Rollup L2 StarkNet
A new proposal has been submitted to Aave’s governance forum that calls for deploying the DeFi lending protocol to StarkNet, StarkWare’s permissionless and decentralized ZK-Rollup. Yael Doweck, product manager at StarkWare, submitted the proposal to onboard the protocol on behalf of StarkNet creator, much like MakerDAO has on its L2. “With the success of the […]
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