Power Cuts: Tether Owes Nearly $5 Million in Energy Bills to Uruguay
Local reports say the power company cut power to Tether’s operation on July 25 amid a renegotiation of Uruguay’s power tariffs. In June, the company signed an MoU conditioned on payment of its outstanding debts. Tether F...
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Tether Expands Its Footprint in Latin America With a $20 Million Investment in Mercado Bitcoin
The stablecoin giant announced that this investment will support Mercado Bitcoin’s expansion efforts in payment infrastructure, to...
Bitcoin Treasury Firm Empery Digital Dumps Nearly Half of BTC Holdings for $87 Million
Nasdaq-listed Empery Digital said it sold 1,400 Bitcoin since May to help fuel an AI data center deal, legal bills, and other expe...
Ethereum’s annual power use falls to 7.87 GWh after The Merge
Ethereum's reduced energy use post-Merge enhances its appeal to ESG-focused investors, potentially boosting institutional adoption...
New Hampshire Council Votes Down First-in-Nation $100 Million Bitcoin Bond
New Hampshire’s Executive Council voted down a proposed $100 million municipal bond backed by Bitcoin on Wednesday, killing what s...
MARA Shares Jump 13% After 2 GW Texas Power Deal for AI and Bitcoin Growth
MARA Holdings has agreed to acquire a large powered land site in Texas, giving it access to up to 2 GW of power capacity by 2028....
Eric Trump’s American Bitcoin Sheds 95% From Peak, Erasing $600 Million From His Stake
American Bitcoin, the mining venture co-founded by Eric Trump, has collapsed since going public last year, and the damage is now l...