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AMBER Mining launches new cloud mining program for cryptocurrency enthusiasts to earn free Bitcoin

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AMBER Mining launches new cloud mining program for cryptocurrency enthusiasts to earn free Bitcoin

London, UK , Jan. 04, 2025 (GLOBE NEWSWIRE) —

Amber Mining has emerged as a game-changer in the cloud mining industry with its announcement of FCA-regulated mining contracts. This significant development ensures that cryptocurrency investors can participate in mining with greater transparency and security, backed by the stringent oversight of the UK Financial Conduct Authority (FCA).

A Milestone in Cloud Mining

Amber Mining’s FCA compliance marks a pivotal shift in the cryptocurrency mining landscape. With this move, the platform addresses common industry concerns such as fraud and lack of accountability, creating a reliable space for investors to explore cryptocurrency mining.

Amber Mining CEO stated:
“The introduction of FCA-regulated contracts underscores our commitment to protecting investors while driving innovation in the cryptocurrency mining space. We aim to set a new standard for security and trust in the industry.”

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Features of Amber Mining

Amber Mining combines cutting-edge technology and strict compliance measures to offer unparalleled services to its users. Key features include:

  • Global Operations: Over 100 mining centers worldwide ensure extensive service coverage.
  • Advanced Hardware: Partnerships with manufacturers like Bitmain, Canaan, and Nvidia ensure efficient mining operations.
  • High Hashrate Management: The platform operates with over 10 EH/s capacity, delivering significant mining efficiency.
  • User-Friendly Design: The platform eliminates the need for users to manage hardware or software, making it ideal for both novice and experienced miners.
  • Expert Support: A dedicated team of blockchain engineers ensures smooth technical operations.
  • Consistent Earnings: Earnings are automatically credited every 24 hours for a stable income stream.

Getting Started with Amber Mining

Using the Amber Mining platform is straightforward:

  1. Register on the Platform: Sign up in minutes and receive $12 immediately as a welcome bonus.
  2. Choose a Mining Contract: Select from various tailored contracts based on your budget and goals. Contracts range in duration and profitability, catering to diverse investment strategies.
  3. Start Profiting: Activate your chosen contract and let the system manage the mining process. Track your earnings through the platform’s intuitive dashboard and withdraw your profits as needed.

Amber Mining Contract Options

Below is a summary of the available contracts:

Contract Price Contract Duration Daily Interest Rate Total Income (Principal + Profit)
$12 1 Day 10% $12 + $1.2
$150 2 Days 4% $150 + $12
$500 5 Days 1.55% $500 + $38.75
$1,000 4 Days 1.58% $1,000 + $63.2
$2,000 10 Days 1.6% $2,000 + $320

Conclusion

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Amber Mining’s FCA-regulated contracts set a new benchmark in the cloud mining industry. By offering transparency, regulatory assurance, and cutting-edge technology, the platform empowers investors to navigate the complexities of cryptocurrency mining confidently. With global reach, user-friendly operations, and consistent earnings, Amber Mining is poised to become a leading force in the cryptocurrency mining sector.

For more details, please visit https://ambermining.com

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.


            

Crypto

Arthur Hayes Bets $2.2 Million on SYN, Backing Hypercall to Challenge Deribit

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Arthur Hayes Bets .2 Million on SYN, Backing Hypercall to Challenge Deribit

Key Takeaways

A $2.2 Million Vote of Confidence

Arthur Hayes, the co-founder and former chief executive of derivatives exchange BitMEX, has placed a fresh bet on the Hyperliquid ecosystem, buying roughly $2.2 million of synapse (SYN) and publicly endorsing the project behind an onchain options exchange.

The purchase, made on June 29 through over-the-counter trading firm Flowdesk, totaled about 6.16 million SYN tokens. Hayes, not one to keep quiet, subsequently took to X and commented:

“I still want to be long the Hyperliquid ecosystem but I need some asymmetry. It’s time for an options dex to properly take on Deribit. Hypercall, owned by $SYN, is that challenger. Let’s see if they can cook.”

Hypercall is an onchain options trading protocol built on Hyperliquid’s HyperEVM, the smart-contract layer of the fast-growing Hyperliquid network. The platform lets users trade options, with positions tradeable around the clock and risk capped at the premium a trader pays. Moreover, it has been developed by the team behind Synapse, whose SYN token is the asset Hayes bought.

A Run-Up in SYN

The endorsement landed on a token that was already on a tear as SYN surged more than tenfold in June, and Hayes’s purchase and public backing added fuel, with Synapse’s market capitalization climbing toward the $55 million to $60 million range and daily trading volume running above $95 million in the wake of his comments.

SYN token’s 10x surge over the past month, per Coingecko

Hayes commands an unusually large following among crypto traders, both for his market essays and his willingness to put capital behind his theses. Not only that, he has become one of the most closely watched voices in the Hyperliquid orbit, repeatedly championing the network’s HYPE token, at one point setting a $150 price target, though his wallet activity has not always matched his rhetoric.

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Bitcoin.com News reported recently that a wallet linked to Hayes sold HYPE near $54 before buying back in at a higher price, a sequence that drew attention to the gap between his public calls and his trades.

Targeting Deribit’s Turf

Deribit has been the dominant venue for crypto options, a corner of the market long underserved by decentralized platforms because options are harder to build onchain than simple spot or perpetual-futures trading. By putting forth Hypercall as a credible challenger, Hayes is betting that Hyperliquid’s infrastructure can finally support a decentralized options market at scale and that SYN is the way to gain exposure to that bet.

That said, an endorsement and a price spike are not the same as trading volume, open interest, and users, the metrics that ultimately decide whether an options DEX can pressure an incumbent like Deribit. For the time being, Hayes and his $2.2 million bet have put a considerable megaphone behind the idea and the next thing to look out for is whether Hypercall can convert the hype and capital into durable trading activity before the attention inadvertently fades.

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Elizabeth Warren Says US Enemies Exploiting Crypto To ‘Move Billions’ After Iran Reportedly Uses CoinEx T

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Elizabeth Warren Says US Enemies Exploiting Crypto To ‘Move Billions’ After Iran Reportedly Uses CoinEx T

Sen. Elizabeth Warren (D-Mass.) expressed concerns on Sunday over the potential misuse of cryptocurrencies by America’s adversaries.

Warren Says Crypto Legislation Will Make The Problem Worse

Warren cited a Wall Street Journal report on X detailing how Iran-affiliated entities moved billions in transactions through CoinEx, a cryptocurrency exchange that withdrew from the U.S. after a 2023 lawsuit.

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“More evidence that our adversaries exploit crypto to move billions,” the senior lawmaker said.

Warren argued that the cryptocurrency legislation, i.e., the Clarity Act, would make the problem “worse” by creating new loopholes and urged Congress to strengthen the bill before passage.

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CoinEx Serving As A Conduit?

The WSJ report noted that CoinEx has played a “growing role” in connecting Iran’s cryptocurrency operations to the global markets, with wallets hosted by the exchange moving more than $3.84 billion over the last 7 years.

The wallets received hacked cryptocurrency that originated with Iran’s Central Bank and were used to transact directly with accounts U.S. officials have since linked to the Islamic Revolutionary Guard Corps, the report said.

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In 2023, CoinEx was sued by New York Attorney General Letitia James for allegedly conducting business without proper registration in the state of New York.

The exchange didn’t immediately return Benzinga’s request for comment.