Crypto
Quid Miner Launches Global Cloud Mining Mobile App to Help Cryptocurrency Investors Generate Daily Income
Newbury, Berkshire, UK, June 27, 2025 (GLOBE NEWSWIRE) — As the blockchain ecosystem becomes more and more complete, the cryptocurrency market is gradually integrated into the global financial system, but market fluctuations are still frequent. Coupled with the factors of intensified geopolitical tensions, in this uncertain background, a question worthy of attention has begun to become particularly urgent:
“Besides holding onto my coins and waiting for the price to go up, how else can I use these assets more robustly?
British cloud mining platform Quid Miner has launched a new solution, dedicated to helping crypto asset holders move from “static coin holding” to “continuous appreciation”. Through the Quid Miner intelligent cloud mining service platform, let digital assets truly start to “work for you every day”. Convert idle assets into productive assets. Let crypto assets truly realize their effectiveness.
Activate your crypto assets with computing power contracts
Many crypto investors choose to hold their coins and wait for prices to rise, but the frequent market fluctuations often catch people off guard. Quid Miner provides a smarter and more proactive method: through secure cloud mining contracts, you can convert your holdings of mainstream currencies such as LTC, XRP, ETH, DOGE, etc. into daily stable income. Truly realize the efficient use of assets.
This model does not involve complex trading operations, and there is no need to worry about “buying at a high point”. Digital assets directly participate in the operation of cloud mining machines through contracts, and the platform manages technology, energy consumption and maintenance in a unified manner. Users only need to wait for daily income to be automatically settled.
Multi-currency support:
including mainstream currencies such as DOGE, BTC, ETH, SOL, BCH, XRP, USDC, LTC, USDT (TRC20 / ERC20), and you can switch currencies and configure mining strategies at any time.
Diversified contracts: meet the mining strategies of different users:
Classic contracts (1-7 days): suitable for novices to try, short cycle, experience the complete process.
Flexible contracts (12-30 days): balance income and cycle, suitable for users who want stable accumulation.
Advanced contracts (36-50 days): suitable for long-term coin holders, get higher computing power configuration and better income
Safe and compliant, simple operation:
Relying on the dual protection of McAfee® and Cloudflare®, it operates legally and compliantly, and supports access by users around the world. All fee structures are fully transparent, with no hidden fees.
Zero hardware investment, green energy mining:
Both the mobile version and the web version can be operated, no equipment or technical foundation is required. , one-click to start cloud mining. 100% renewable energy is used to achieve both environmental protection and efficiency
What is cloud mining?
Cloud mining is a method of mining cryptocurrencies such as Bitcoin by renting remote cloud computing power. Users only need to purchase contracts through legal investment to mine. The platform can run computing power mining for users in the cloud, which is simple and convenient, allowing more users around the world to participate directly and earn stable passive income every day.
How to start your mining journey with QuidMiner
⦁ Visit the official website: https://quidminer.com/
⦁ Create your account via email. New users can receive a $15 computing power reward
Flexible configuration according to personal budget, different contracts have different computing power, amount and cycle, and the income will also vary.
Please click to download the official mobile app to check your mining progress and income anytime, anywhere.
Quid Company Platform Overview
Quid Miner was founded in the UK in 2010. It strictly abides by international regulatory standards and provides services to more than 8 million users in more than 180 countries/regions around the world. Users do not need to bear the risk of drastic market fluctuations. They only need to choose the right mining contract investment to enjoy stable passive income. Whether you are a novice investor or an experienced trader, the mining solution provided by Quid Miner is becoming another path to seek steady progress in an uncertain market.
Summary:
In the turbulent cryptocurrency market, Quid Miner provides a more robust new path under the reality of “holding coins = losing money”: by choosing a safe cloud mining contract, you can continue to generate cash flow from encrypted digital assets such as XRP, BTC, DOGE and ETH. No technology or market prediction is required to open a new channel for daily income. Whether you are a long-term holder of XRP or a diversified cryptocurrency holder, Quid Miner can provide you with a practical way to unlock the profit potential of your portfolio.
For more details, please visit the official website of the platform: https://quidminer.com
Official platform email: info@quidminer.org
Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.
Name: Quid Miner
Email: info@quidminer.org
Crypto
Crypto mogul Do Kwon sentenced to 15 years in prison over $40B ‘epic fraud’
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, was sentenced on Thursday to 15 years in prison for for what a judge called an “epic fraud.”
U.S. District Judge Paul A. Engelmayer, who handed down the sentence, sharply rebuked Kwon for repeatedly lying to everyday investors who trusted him with their life savings.
“This was a fraud on an epic, generational scale. In the history of federal prosecutions, there are few frauds that have caused as much harm as you have, Mr. Kwon,” Engelmayer said during a hearing in Manhattan federal court.
Kwon, 34, who co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies, previously pleaded guilty and admitted to misleading investors about a coin that was supposed to maintain a steady price during periods of crypto market volatility.
He is one of several cryptocurrency moguls to face federal charges after a slump in digital token prices in 2022 prompted the collapse of a number of companies.
Dressed in yellow prison garb, Kwon addressed the court and apologized to his victims, including the hundreds who submitted letters to the court describing the harm they had suffered.
“All of their stories were harrowing and reminded me again of the great losses that I’ve caused. I want to tell these victims that I am sorry,” Kwon said.
Ayyildiz Attila, one of the hundreds of victims who submitted letters to the court, said he lost between $400,000 and $500,000 in the collapse.
“My savings, my future, and the results of years of sacrifice disappeared. I struggled to keep up with payments and responsibilities, and everything I had worked forwas erased,” Attila said.
Kwon’s lawyer Sean Hecker said in an email after the sentencing that Kwon spoke from the heart, expressed genuine remorse and will continue his efforts to make amends.
US Attorney Jay Clayton in Manhattan said in a statement following the hearing that Kwon devised elaborate schemes to inflate the value of his cryptocurrencies and fled accountability when his crimes caught up to him.
Prosecutors had asked for a sentence of at least 12 years in prison, saying the crash of Kwon’s Terra cryptocurrency caused billions of dollars in losses and triggered a cascade of crises in the crypto market.
Kwon’s lawyers had asked that he be sentenced to no more than five years so he can return to South Korea to face criminal charges.
Prosecutors charged Kwon in January with nine criminal counts for securities fraud, wire fraud, commodities fraud and money laundering conspiracy.
Kwon was accused of misleading investors in 2021 about TerraUSD, a so-called stablecoin designed to maintain a value of $1. Prosecutors alleged that when TerraUSD slipped below its $1 peg in May 2021, Kwon told investors a computer algorithm known as “Terra Protocol” had restored the coin’s value.
Instead, Kwon arranged for a high-frequency trading firm to secretly buy millions of dollars of the token to artificially prop up its price, according to charging documents.
Kwon pleaded guilty in August to two counts, conspiracy to defraud and wire fraud, and apologized in court for his conduct.
“I made false and misleading statements about why it regained its peg by failing to disclose a trading firm’s role in restoring that peg,” Kwon said at the time. “What I did was wrong.”
Kwon agreed in 2024 to pay $80 million as a civil fine and be banned from crypto transactions as part of a $4.55 billion settlement he and Terraform reached with the Securities and Exchange Commission.
He also faces charges in South Korea. As part of his plea deal, prosecutors will not oppose Kwon’s potential application to be transferred abroad after serving half his US sentence.
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