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Major Bitcoin mining firm pivoting to AI, plans to fully abandon crypto mining by 2027 as miners convert to AI en masse
By Jowi Morales published
Bitfarm says that it will convert its Washington Bitcoin mining facility into an AI data center and exit crypto mining completely in a couple of years.

'Bitcoin Queen' who laundered $5.6 billion in illicit funds through crypto gets nearly 12 years in prison
By Jowi Morales published
A Chinese scammer who duped almost 130,000 investors out of around $5.6 billion was handed a nearly 12-year prison sentence in a London court.

China accuses Washington of stealing $13 billion worth of Bitcoin in alleged hack
By Jowi Morales published
China accuses the U.S. of being behind the largest cryptocurrency theft in history.

Crypto fraud and laundering ring that stole $689 million busted by European authorities
By Bruno Ferreira published
Crypto fraud and laundering ring that stole €600m ($689m) busted by European authorities — 9 arrests made across multiple countries

Chinese and British authorities are determining how to return 61,000 stolen Bitcoins worth $6.7 billion
By Jowi Morales published
U.K. and Chinese authorities must work out a system to return stolen funds converted to Bitcoin, but the process is expected to be complicated.

New stablecoin connects crypto investors to real-world Nvidia AI GPUs that earn money by renting out compute power to AI devs
By Jowi Morales published
USD.AI is a new DeFi protocol that lets you invest your stablecoin in an AI data center, with each investment tied to a real Nvidia AI GPU.

PayPal crypto partner accidentally mints stablecoins worth double the world’s total GDP
By Mark Tyson published
PayPal’s crypto partner, Paxos, accidentally minted $300 trillion PYUSD on Wednesday. Firm admits 'internal technical error.'

DoJ seizes $15 billion in Bitcoin from Cambodian fraudster who ran 'pig butchering' scam using forced labor
By Mark Tyson published
The DoJ has seized $15 billion in Bitcoin, thought to be proceeds from a 'pig butchering' scam run from forced-labor compounds in Cambodia.
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