Hut 8 Secures $9.8 Billion Texas AI Lease as Bitcoin Miners Pivot to Compute
Hut 8 has signed a second 15-year lease for 352 megawatts of AI capacity at its Beacon Point campus in Texas. The deal doubles the tenant’s commitment and highlights a wider shift by bitcoin miners toward long-term data center contracts. Hut 8 Doubles Beacon Point Tenant Footprint With a Second AI Lease Hut 8 has […] Powered by...
Taiwan Court Jails Cointhink Fraud Leader for 22 Years After USDT Scheme Hit 1,539 People
A Taiwan court sentenced the leader of a major crypto fraud ring, a man surnamed Shih, to 22 years in prison. In total, 14 people were indicted. Deceptive Credentials Exploited Victims The mastermind of a major cryptocurrency scam operating under the name Cointhink Technology has been sentenced to 22 years in prison after a network […] Powered by...
Americans Lost $11 Billion to Crypto Scams Last Year. Most of It Ended at a Gas Station
Americans filed 181,565 cryptocurrency-related complaints in 2025 and reported more than $11.366 billion in losses, with crypto making up over half of the FBI IC3’s $20.877 billion in total internet-crime losses. A fast-growing slice is crypto kiosks, which generated $389 million across 13,460 complaints, and victims 60 and older accounted for $257.4 million of that […] Powered by...
Hollywood Wants Vietnam to Slay the Piracy Hydra
Earlier this month, Vietnam’s Ministry of Public Security announced it had dismantled the network behind the high-profile HiAnime piracy ring. While the associated site already closed its doors in March, the action is vital for Vietnam since the U.S. Trade Representative (USTR) recently classified it as “Priority Foreign Country,” because of its lacking anti-piracy enforcement. Last month, USTR formally started a Section 301...
Trump Vows to Keep Bringing Prices Down: Here’s What the Inflation Data Shows
U.S. President Donald Trump pledged on Sunday to keep pushing consumer prices lower, claiming oil, gas, eggs and prescription drugs are all “dropping FAST.” June’s inflation data largely supports the trend, with one notable exception in the egg aisle. The Claim Trump made the pledge in a post on Truth Social, writing: We will continue […] Powered by...
