From Blackouts to Bitcoin: South African Power Utility’s Surreal Pivot to High-Intensity Power Sales
Eskom, South Africa’s state-owned power utility, is reversing its previous stance by targeting high-intensity energy consumers, specifically bitcoin mining companies. Nyati announced plans to sell excess electricity gene...
Original source
Read on Bitcoin NewsRelated market context
Crypto News, June 11: Bitcoin Price Unfazed by Trump and His Threat to Flatten Tehran, Chainlink and Kraken Power FIFA World Cup
Crypto markets open with Bitcoin price showing surprising strength despite Trump threats on Iran. Chainlink and World Cup partners...
Europe Just Got the Power to Ban Entire Countries From Crypto, And Russia Hit Back With Fees on USDT and USDC the Same Day
Europe Commission President Ursula von der Leyen announced the EU’s 21st sanctions package against Russia, and buried inside it wa...
South Korea finance ministry says tokenized stocks are securities, not crypto assets, opening door to taxes: report
South Korea’s finance ministry said tokenized stocks are securities, opening potential taxation as early as H2 2026 if regulators...
IEM Cologne Major drops crypto sponsors entirely as esports pivots to traditional funding
Esports' shift from crypto to traditional funding may stabilize financial backing, fostering long-term growth and sustainability i...
South Korea’s World Cup comeback highlights crypto’s deepening FIFA integration
Crypto's integration into FIFA events could significantly boost mainstream adoption and reshape sports marketing strategies global...
South Korea defeats Czech Republic 2-1 in World Cup opener, and crypto is all over the tournament
The integration of crypto in the World Cup highlights its growing influence in sports, potentially reshaping fan engagement and in...