Pennsylvania Cracks Down on AI Data Centers as Backlash Grows
In brief Pennsylvania Gov. Josh Shapiro signed an executive order imposing new requirements on large data centers. Data centers will lose access to the state’s...
Tag : grows
Public Bitcoin miners cut hashrate 13.4% as AI infrastructure revenue grows
Publicly traded Bitcoin miners are cutting mining capacity faster than the Bitcoin network overall, suggesting that more operators are redirecting electricity and infrastructure toward data...
Fed rate hike debate grows with inflation above 2%
Chicago Fed President Austan Goolsbee has identified inflation above the Federal Reserve’s 2% target as the main U.S. economic problem while officials debate whether to...
Tether Q2 profit hits $1.5B as USDT supply grows
Tether generated approximately $1.5 billion in net operating profit during the second quarter of 2026 as returns from US Treasury holdings and repo operations supported...
Tether Reports $1.5B Q2 Profit as USDT Supply Grows, Gold Holdings Rise
In brief Tether reported approximately $1.5 billion in net operating profit for Q2 2026. The company said its reserves exceeded liabilities by $4.11 billion and...
BoJ Holds at 1% as Yen Intervention Fades: Bitcoin’s Carry Trade Risk Grows
Japan’s Ministry of Finance confirmed yen buying, dollar selling intervention on July 30, sending USD/JPY sharply lower before the pair recovered later. However, the rebound...
Ethereum Foundation adds SEAL 911 co-founder to board as privacy focus grows
Pascal Caversaccio joins the Ethereum Foundation’s four-member board as the organization elevates privacy and security in its protocol strategy. The Ethereum Foundation (EF) has appointed...
Crypto TradFi grows fivefold to $6.6B as exchanges expand into stocks, commodities: Report
Intense competition from traditional brokerage and decentralized exchanges is pushing crypto exchanges to expand beyond digital assets into tokenized stocks, commodities and precious metals, CoinGecko...
Memecoin.Fun raises $3.5M as Robinhood Chain launchpad race grows
Robinhood Chain token launch platform Memecoin.Fun has raised $3.5 million in strategic funding as the network’s decentralized exchanges approach $9 billion in cumulative trading volume....
Bitmine grows treasury to 5.78M ETH as Ether outpaces Bitcoin
Top Ethereum treasury company Bitmine said Monday its Ether holdings had reached 5.78 million tokens, representing about 4.8% of Ethereum’s circulating supply, as the company...