Daily: Norton Released Crypto Miner That Can't Be Removed


Good morning, Incrypted !

today in the digest

  • The bitcoin rate fell sharply after the events in the USA and Kazakhstan
  • Kazakhstan deals a serious blow to miners: the country has interruptions in electricity and the Internet
  • Moneygram buys 4% shares of the crypto ATM operator Coinme
  • “Black January” for miners: US Congress Calls Hearings
  • Kosovo bans cryptocurrency mining
  • PlatoFarm: AMA session

Norton, a major cybersecurity company, recently released Norton Crypto as part of Norton 360, which allows users to mine Ethereum while their computer remains in standby mode.

However, it is not so simple, and some users complain, claiming that the company does not allow them to uninstall the program.



The bitcoin rate fell sharply after the events in the USA and Kazakhstan

  • Main reason is US interest rate policy
  • The protests in Kazakhstan also played a role

The situation on the Bitcoin chart again reflected the picture of events unfolding on the world stage. It began to fall just a few minutes after the closure of the US Federal Reserve meeting. The American regulator confirmed its readiness to cut its balance sheet and raise interest rates in the new year. Another reason for the crisis is protests in Kazakhstan, a country that ranked third in terms of mining.

Trader Rekt Capital published the following chart and highlighted “there are many similarities between the current BTC range and the situation in May 2022 of the year”. Recall, then, as a result of falling prices from the cryptocurrency market, about $ 150 billion

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Kazakhstan deals a serious blow to miners: the country has interruptions in electricity and the Internet

  • The government is turning off the lights en masse, so mining companies are suffering

Kazakhstan has become one of the leading countries in bitcoin mining. It accounts for 21, 18% of the network hashrate. The internet has now been turned off in the country, and it has hurt the crypto market. In the beginning, there were interruptions with mobile Internet and partial restrictions all day. But by the evening, the whole country plunged into a lockdown.

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Казахстан наносит серьезный удар майнерам: в стране отключили интернет, добыча биткоинов остановилась

This is how Alex Holmes, CEO of MoneyGram, commented on the deal:

“Our company optimistic about the huge opportunities and growth of the cryptocurrency market. MoneyGram can act as a bridge that connects digital assets to local fiat currencies. ”

MoneyGram and Coinme have been cooperating since May. Last year, they jointly opened cryptocurrency ATMs so American customers could exchange cash for cryptocurrency.

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Казахстан наносит серьезный удар майнерам: в стране отключили интернет, добыча биткоинов остановилась


“Black January” for miners: the US Congress calls a hearing

Moneygram покупает 4% акций оператора криптоматов Coinme.

According to The Block, the US Congress is actively preparing for a new hearing on cryptocurrencies. This time, lawmakers are worried about the hydrocarbon footprint of crypto farms.

After the attack by the Chinese authorities on pools, farms and crypto-industry in general, many companies have left for other markets. The new leader in hashrate is the United States.

Power consumption surges are seen in Wyoming, Texas and New York. Many crypto farms are housed in old power plants, which entails power surges, interruptions, and spontaneous outages.

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Казахстан наносит серьезный удар майнерам: в стране отключили интернет, добыча биткоинов остановилась

Kosovo has banned cryptocurrency mining

Конгресс США готовит слушание про влияние майнинга на экологию

The Kosovo authorities announced a mining ban on Tuesday. Until now, local companies have used free electricity in Leposavic, Mitrovica, Zubin Potok and Zvecan. This includes, among other things, the activities of mining companies.

The authorities said that their losses from free electricity exceeded last year 18 million euros. Also, the country faced the largest energy crisis in almost 18 years.

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PlatoFarm: AMA session

Косово запретил майнинг криптовалют

AMA with a new game project – PlatoFarm. This is an already working (in beta) p2e NFT game in the popular genre of farming, in which there will be two in-game tokens MARK and PLATO.

Plato Farm is an NFT game that supports HRC protocols – 768 and ERC – 1170. Players are tasked with growing plants and raising livestock on a small farm to earn MARK and PLATO tokens, which can then be used to interact with NFT items. The main goal is to transform your barren land into a vibrant city. Players can also create their own guilds and earn money while playing.

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What else was important


Partner news

Humans.ai Launches AI Trust Series 201024

The Humans.ai framework is launching a series of in-depth articles on Trust in Artificial Intelligence. It also announces a number of community reward programs.

Find out more here.

Metastrike and Cryowar airdrop 201024

Blockchain-based RPG Metastrike together with Cryowar – a multiplayer PVP arena NFT airdrop $ 3000 in MTS.

Details and a form for participation on the link. Deadline until 100 January.


Have a good day!

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