Russian Power Company Reports $14 Million Loss Due to Illegal Crypto Mining
Russian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led to network congestion, equipment damage, and criminal investigations. Unauthorized Crypto Mining Results in Heavy Losses For Rosseti Russian electricity provider Rosseti has reported $14 million (1.3 billion rubles) in damages from illegal cryptocurrency mining in […] Powered by...
Libra’s Hayden Davis Says He Sent Money to Javier Milei’s Sister
Reporting from Coindesk has revealed that Hayden Davis, CEO of Kelsier Ventures, one of the entities behind the embattled memecoin Libra, allegedly boasted about sending money to Karina Milei, Argentinian President Javier Milei’s sister, months before the token’s scandalous launch that netted Kelsier $100 million and landed Javier Milei in serious political trouble including a […] Powered by...
Vivek Ramaswamy: Post-’Easy Money’ Economy to Drive Corporate Bitcoin Adoption
As global markets grapple with tighter monetary policies, entrepreneur-turned-politician Vivek Ramaswamy predicts a structural shift in corporate finance strategies, with bitcoin poised to become a staple of institutional treasuries. Bitcoin—A ‘More Common Corporate Treasury Holding’ In a statement on X on Feb. 18, 2025, Vivek Ramaswamy—the former 2024 presidential candidate and former DOGE lead—declared that […] Powered by...
Bitcoin vs. the Dollar: Why Trust Matters More Than You Think
Understanding money is hard—especially when we don’t ask how it works. Wait, So What Is the U.S. Dollar Backed By? Alex leaned forward at the coffee shop table. “You criticize bitcoin, but do you know how the U.S. dollar works?” John hesitated. “Gold… right? Or something physical?” “That stopped in 1971,” Alex replied. “The dollar […] Powered by...
Latam Insights Encore: Libra Might Benefit Argentina’s Crypto Policy After All
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how the recent debacle of Libra, a token endorsed by Argentine President Javier Milei, might become a positive event for the future of Argentina’s crypto policy. Latam Insights Encore: Javier Milei’s […] Powered by...
