Mike Novogratz’s Galaxy Digital closed a $1.4 billion secured term loan facility to accelerate the development of its Helios artificial intelligence datacenter campus in Texas. On Friday, the company announced that the loan will cover […]
American Bitcoin, the mining company partly owned by Donald Trump Jr. and Eric Trump, is preparing to go public on the Nasdaq in September, Reuters reported on Aug. 28. The firm, launched in March, is […]
US prosecutors appealed the sentences of time served given to the co-founders of HashFlare, a crypto mining service and $577 million Ponzi scheme. Prosecutors told a Seattle federal court on Tuesday that the government was […]
A crypto influencer was sentenced to a year in prison for what US prosecutors called a large-scale cryptojacking operation that defrauded two major cloud computing providers. Cryptojacking is when resources such as computing power or […]
A solo miner successfully mined a Bitcoin block on Sunday, collecting a 3.137 BTC payout, worth about $371,000 at the time. The miner operated through the Solo CK pool, a service for solo miners. They […]
Tech giant Google has become the largest shareholder of TeraWulf, holding 14% of the shares, after receiving more stock in exchange for increasing its backstop in the lease deal between the Bitcoin miner and AI […]
The International Criminal Police Organization, or Interpol, announced more than a thousand arrests and the seizure of about $100 million as part of a crackdown that included cryptocurrency miners and fraudsters. In a Friday notice, […]
The controversial AI-focused crypto project Qubic has suggested it may mine Dogecoin (DOGE), the largest memecoin, after completing its current operations on Monero (XMR), the privacy-focused blockchain network. On Aug. 17, Qubic Network founder Sergey […]
The US-led trade war is having major repercussions for the Bitcoin mining industry, with looming disputes with Customs and Border Protection (CBP) potentially exposing American companies to massive liabilities. That was a key takeaway from […]
Despite its weekend downturn, Bitcoin is up over 22% year-to-date, but public mining companies listed on NASDAQ have struggled to keep pace. The equal-weighted basket of mining stocks has gained just over 12% between Jan. […]
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