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Crypto miners blamed for Kazakhstan energy crisis

TechSpot

The Financial Times reports that demand for electricity in Kazakhstan has risen around eight percent this year, much more than its usual average growth rate of one to two percent. The surge has led to power shortages, blackouts in six regions of the country since October, and shutdowns at three.

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Apple, Google, Microsoft, and Mozilla unite to ban Kazakhstan's citizen-tracking certificate

TechSpot

The certificate reportedly allowed the Kazakhstan government to intercept and decrypt HTTPS traffic – essentially monitoring citizens' Internet usage. The government claimed that the certificates were being used as part of a cybersecurity training exercise.

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Bitcoin's global hashrate tumbles after Kazakhstan shuts off country's internet

TechSpot

Research by the Cambridge Centre for Alternative Finance last year showed that Kazakhstan had become the second-largest center for Bitcoin mining after China clamped down hard on the industry. The country was responsible for 18% of all Bitcoin mining as of August—that figure stood at 8% before China started hammering.

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Chinese luxury EV brand Zeekr continues global push into Kazakhstan

TechCrunch

Zeekr, the luxury electric vehicle brand under China’s Geely Automobile Holdings, says it will launch its Zeekr 001 shooting brake and Zeekr X SUV in Kazakhstan by the fourth quarter of 2023. Kazakhstan, a key market in Central Asia, marks Zeekr’s third geographic expansion announcement in recent months.

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Li Auto says it will push for “major overseas growth” this year

TechNode

The Chinese EV maker said it established directly operated service centers in Kazakhstan, Uzbekistan, and the United Arab Emirates (UAE) last year, followed by the opening of its first overseas research and development center in Munich in January, TechNode reported.

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Why savvy investors should focus on Kazakhstan (and other frontier markets)

The Next Web

If I told you that you could travel back in time, to the end of the nineteenth century, and invest in a country that was recently war-torn, and in great transition, would you do it?

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German authorities shut down world's largest darknet marketplace, seize $25 million in Bitcoin

TechSpot

billion) in 2020 alone, despite its customers being located mainly in Russia, Ukraine, Belarus, Kazakhstan, Azerbaijan, Armenia, Kyrgyzstan, Uzbekistan, The Frankfurt prosecutors' anti-cybercrime unit said it generated sales of 1.23 billion Euros ($1.35