Bitfarms mined 21% more Bitcoin in June amid Riot takeover attempts
Bitfarms increased its online hashrate to 10.4 exahashes per second in June, marking a 39% month-on-month increase.
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Canada
Binance’s global operations under fire as fines and suspensions mount
Binance, the world’s largest crypto exchange by trading volume, faces escalating regulatory challenges in multiple jurisdictions, including India, Canada, and the United States.
India imposes $2.2 Million fine
On June 19, India’s Financial Intelligence Unit (FIU) fined Binance 188.
Binance to appeal $4.4M fine from Canadian regulator
The cryptocurrency exchange announced plans to exit the Canadian market in 2023 but may still face enforcement action from local regulators.
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