A Republican-Led Lawsuit Threatens Critical US Cyber Protections

Three states are suing to block security rules for water facilities. If they win, it may open the floodgates for challenges to other cyber rules. Powered by...

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Report: French Crypto Trader Jailed for 18 Months for Buying a Ferrari With Bitcoin
May12

Report: French Crypto Trader Jailed for 18 Months for Buying a Ferrari With Bitcoin

A French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing a Ferrari using bitcoin. Clausi’s arrest and subsequent jailing came after a woman, who sold him a Ferrari for $440,000 in April 2021, filed a complaint against the crypto trader when the price of the crypto asset had dropped to just over $30,000. Crypto Trader Ordered to Pay Fine of $3.7 Million A 21-year-old...

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Gbitcoins – Providing Top-Notch Cloud Mining Services
May12

Gbitcoins – Providing Top-Notch Cloud Mining Services

Cloud mining is one of the newest, most innovative developments in the cryptocurrency space in recent years. It provides an affordable and more accessible entry point into the world of crypto mining. Various cloud mining sites have become popular as the demand for cryptocurrency mining grows. However, among the cloud mining sites that provides convenience, affordability, efficiency and flexibility, one name stands out – Gbitcoins...

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US Treasury Secretary Janet Yellen Urges Congress to Act Quickly on Debt Limit, States Defaulting Would Be ‘Unthinkable’
May12

US Treasury Secretary Janet Yellen Urges Congress to Act Quickly on Debt Limit, States Defaulting Would Be ‘Unthinkable’

U.S. Treasury Secretary Janet Yellen has warned again about the consequences of the U.S. defaulting on its debt. During a press conference in Niigata, Japan, Yellen stated that this would be a self-inflicted crisis, and urged Congress to act quickly on the matter, stating that defaulting would be an unthinkable outcome on this issue. US Treasury Secretary Janet Yellen Urges Congress to Act Quickly to Avoid Debt Default U.S. Treasury...

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Large Immersion Cooled Crypto Mining Farms to Extract Bitcoin in Middle East Desert
May12

Large Immersion Cooled Crypto Mining Farms to Extract Bitcoin in Middle East Desert

A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (UAE). The high-tech data centers will rely on a full immersion solution to cool the power-hungry miners as the desert climate renders air-cooled mining infeasible, participants said. Advanced Crypto Mining Facilities in Abu Dhabi to Defy Cooling Challenges in Arab Peninsula Marathon Digital Holdings, a leading U.S.-based...

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