The gaming hardware confiscated by the Ukrainian police was being used to create in-game currency and not for farming cryptocurrency.
Last week, Cointelegraph reported on the seizure of 3,800 PlayStation consoles allegedly being used to mine cryptocurrency. The confiscated gaming units were among a stash of hardware discovered by Ukrainian authorities during a raid on a farmhouse accused of tampering with electric meters to steal power from the local grid.Based on the initial reports at the time, the PS4 consoles, graphics cards, processing units and other hardware found at the scene was being used for illegal crypto mining operations. However, according to an investigation by Ukrainian business publication Delo, the seized PlayStation consoles were being used to generate cards and coins for FIFA Ultimate Team (FUT), a game mode in the popular FIFA football game title.Players usually have to earn FUT coins and cards by winni
Bank of Thailand To Legalize Virtual Banks by 2025 To Boost Economy
By the end of 2023, applications will be ready for virtual banks to get licensed. By the year…