Paraguay's Industrial Union (UIP) has warned that if demand for electricity continues to increase due to the rise of bitcoin mining, the country's energy system could be at risk as early as 2029. The union has suggested considering diversifying the…
Galaxy Digital (GLXY) announced a strategic alliance with CoreWeave (CRWV), strengthening its ambitions in the rapidly growing field of artificial intelligence (AI) and high-performance computing (HPC) data centers. As part of the new agreement, CoreWeave will gain access to an…
The number of Russian regions where cryptocurrency mining is partially or completely banned is likely to grow: three more regions will appeal to Moscow to impose a ban. A government commission will consider new requests next month, but authorities have…
Nexo returns to the US after exiting in 2022, citing renewed optimism for cryptocurrencies under Trump administration A digital asset platform that left the US amid regulatory disputes has announced a relaunch with a full suite of services for retail…
Bitcoin (BTC) mining company Riot Platforms (RIOT) has signed a $100 million loan agreement with Coinbase's lending arm, using bitcoin as collateral to secure short-term funding for its continued growth. The publicly traded mining company said in a press release…
Los Angeles Police Department detectives recovered more than $3.9 million in stolen goods, including $2.7 million in Bitcoin miners, after tracking down a cargo theft ring at a warehouse in San Pedro, California. LAPD Cargo Theft Squad operatives, working with…