South Korea Cracks Down On 17 Crypto Exchanges

South Korea regulators have requested Google to block access to 17 crypto exchanges. Affected exchanges include Kucoin, MEXC, Phemex, Coinex, Poloneix and more. “The Financial Intelligence Unit ( FIU) has identified overseas unreported businesses ( 16 companies in 2022, 6 companies in 2023) and is providing guidance to reporting businesses to refrain from doing business…

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Canaan Advances North American Mining Strategy via New Agreements

Canaan Inc. announced Wednesday that subsidiaries have signed agreements to expand self-mining operations at facilities in Pennsylvania and Texas, adding approximately 4.7 exahash per second (EH/s) to its computing power. Canaan Eyes U.S. Growth with Pennsylvania, Texas Mining Sites Canaan (Nasdaq: CAN) entered a three-year colocation agreement with Mawson Infrastructure Group affiliate Mawson Hosting LLC…

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