Bitcoin mining operations in Paducah, Kentucky, are drawing substantial electrical resources, per recent municipal disclosures. Local utility provider Paducah Power identifies two bitcoin mining firms among its 10 largest industrial electricity consumers. Bitcoin Operations Drive Paducah’s...
The bill created a $10 billion limit for non-depository trust institutions to be able to issue payment stablecoins. Once the issuer exceeds that amount,...
On November 21, 2023, the U.S. Justice Department announced a significant disruption in cybercrime activities, seizing nearly $9 million in Tether (USDT) from an...
In the U.S., Bankman-Fried will face an indictment from the Southern District of New York that includes charges of money laundering and conspiracy to...