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Luxor & MicroBT Strike $100M Mining Rig Deal

Luxor & MicroBT Strike $100M Mining Rig Deal 1

Bitcoin mining infrastructure provider Luxor Technology Corporation has announced a substantial expansion of its collaboration with MicroBT, a prominent manufacturer of mining hardware. The agreement includes a $100 million commitment from Luxor to acquire MicroBT’s WhatsMiner rigs, alongside an intended…

French Prosecutors Target 88 in Crypto Wrench Attack Probe

French Prosecutors Target 88 in Crypto Wrench Attack Probe 3

French judicial authorities have brought charges against 88 individuals, including 10 minors, in connection with a series of organized criminal activities involving cryptocurrency wrench attacks. The charges stem from 12 ongoing investigations overseen by the National Public Prosecutor’s Office for…

Youngster Gets 70 Months for Massive Crypto Laundering

Youngster Gets 70 Months for Massive Crypto Laundering 36

Significant Sentencing Highlights Risks in Crypto Syndicates A 22-year-old individual has received a 70-month prison sentence for his involvement in laundering at least $3.5 million for a cryptocurrency theft ring responsible for approximately $263 million in stolen digital assets. The…

Treasury Urges Senate to Advance Cryptocurrency Laws

Treasury Urges Senate to Advance Cryptocurrency Laws 38

Prefer us on Google Download App Download App Treasury Secretary Scott Bessent informed a Senate committee on Wednesday that enacting comprehensive digital currency legislation is vital for maintaining U.S. financial dominance and safeguarding the dollar’s role as the premier global…