Daily Archives: 23.05.2019

Australian Civil Servant Caught Mining Crypto With Government Hardware | Bitcoin Magazine

Australian Civil Servant Caught Mining Crypto With Government Hardware The Australian Federal Police (AFP) has charged a government employee alleged to have misused government IT infrastructure for personal cryptomining operations, per a press release. In the release, the AFP states that the unnamed 33-year-old man is an IT contractor with the Australian government, who took advantage of his access to ...

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Tether Partly Backed by Bitcoin, Court Transcription Reveals | Bitcoin Magazine

Tether Partly Backed by Bitcoin, Court Transcription Reveals Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets. This ...

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