Giga's new site harnesses otherwise wasted energy from natural gas flaring and has already mined between $200,000 and $250,000 worth of Bitcoin, says the firm's co-founder.

US Bitcoin miner Giga Energy to launch facility in Argentina

Texas-based Bitcoin miner Giga Energy has expanded its operations into Argentina as part of a move to utilize wasted energy from "natural gas flaring" on the South American nation...

5 months ago

The U.S. Securities and Exchange Commission (SEC) has asked a New York judge to impose a nearly $2 billion fine against Ripple Labs, according to court filings.

SEC Seeks $1.95B Fine in Final Judgment Against Ripple

On Monday, Stuart Alderoty, Ripple Labs’ chief legal officer, 

5 months ago

Curio said it will conduct a fund compensation program for affected liquidity providers, which could potentially take up to one year to complete.

Hacker mints 1B tokens in $16M Curio smart contract exploit

Real-world asset (RWA) liquidity firm Curio suffered a smart contract exploit involving a critical vulnerability related to voting power privileges, allowing the attacker to steal $16 million in...

5 months ago

Scammers falsely guaranteed 70% profits on an investment of 1 billion South Korean won within a month and stole 5.5 billion won in six different transactions.

South Korean police catch $4.1M crypto scam duo

South Korean police have caught a pair of fraudsters who stole 5.5 billion won ($4.1 million) from a senior citizen with the promise of profitable crypto investments. The Haeundae Poli...

5 months ago

Credit Suisse-backed Taurus will provide the Turkish neobank Misyon with tools to enable digital asset custody and tokenization services.

Turkish Misyon Bank moves into digital assets with Taurus

Misyon Bank — an investment banking firm and one of the first neobanks in Turkey — is moving into digital asset custody and tokenization with Swiss cryptocurrency custody provider, T...

5 months ago

The only problem: Jensen Huang’s solution is already out there, and AI systems still hallucinate.

Nvidia CEO’s simple solution to AI hallucination could upend crypto — but only if it works

Nvidia CEO Jensen Huang recently went on the record to say that it was his belief that human-level artificial intelligence (AI) will probably be realized within the next five years and that hall...

5 months ago

SEC charges 17 $300m for crypto Ponzi Scheme targeting Latinos

Diving headfirst into the murky waters of financial fraud, the U.S. Securities and Exchange Commission (SEC) recently brought the hammer down on 17 individuals involved in a colossal $300 millio...

5 months ago

The decision ends the complex case with a creditor-approved plan that will see their partial reimbursement and make them shareholders in a new company.

Court confirms Celsius bankruptcy exit plan, $2B in crypto to go to creditors

The Celsius bankruptcy plan has been approved. The path is now clear for customers to see some of their funds returned and receive shares in the reorganized company, which will be called NewCo.

5 months ago

The brokerage firm currently has $14.7 billion in crypto under custody.

Robinhood launches crypto wallet for Android users

Discount brokerage Robinhood has expanded its crypto wallet access to Android users. According to the March 20 announcement, the Robinhood Wallet app is now available on Google Pl...

5 months ago

The global competition for AI supremacy intensifies as companies consider relocating and countries offer incentives to attract AI talent.

AI talent crunch accelerates as countries scramble to secure their dominance

The race to develop and deploy high-level artificial intelligence (AI) models has become the latest fixation of governments and tech com...

5 months ago