A day after the second-largest Ethereum mining pool in the world, SparkPool, announced it was shutting down, the fourth-largest mining pool is following suit. China-based BeePool has announced it will shut down on October 15.
Beijing-based cryptocurrency mining hardware manufacturer Bitmain is planning to suspend sales of its machines to miners in mainland China following the country’s latest cryptocurrency ban.
Popular cryptocurrency exchange Kraken will have to pay $1.25 million to settle charges with the U.S. Commodity Futures Trading Commission (CFTC). The CFTC went after Kraken as it was offering margined digital asset trading services without registering as a futures commodity merchant with regulators.
Sponsored: B-cube is a blockchain-based ecosystem built on top of audited Smart Contracts, fueled by a unique multi-usage $BCUBE token at the core.
Top stories in the Crypto Roundup today:
- Second Major Ethereum Mining Pool Shuts Down
- Crypto Mining Hardware Maker Bitmain to Halt Sales in China
- Kraken to Pay CFTC $1.25 Million to Settle Charges
- What Is Merged Mining?
- Sponsored: All-In-One Platform For Automatic AI-Driven Bots