News with the tag "Libya"

The Libyan dinar’s recent devaluation has been blamed on a flood of illicit banknotes exchanged for U.S. dollars. A report identified the Russian state money printer as a potential source of the banknotes, which the Central Bank of Libya has labelled counterfeit. Russia Linked to Illicit Libyan Bank...

In the wake of the destructive floods that have ravaged Libya, Binance has announced its commitment to provide aid through a unique approach. The leading cryptocurrency exchange will airdrop BNB tokens worth up to $500,000 to users in Libya to support their recovery efforts. With a focus on facilita...

In an audacious scenario that spotlights the clandestine world of cryptocurrency mining, 50 Chinese citizens have been taken into custody by the Libyan authorities. Their apprehension follows accusations of them orchestrating a crypto mining operation in Zliten, a city located in the east of the Tri...

Around 50 Chinese nationals have reportedly been apprehended by Libyan authorities following allegations of running a cryptocurrency mining facility within the city of Zliten, local reports detail. Cryptocurrency mining is strictly prohibited by law in Libya. Libyan law enforcement officials have di...