Revolve Labs Proposes $60m Data Center in Minnesota
As part of its expansion, Colorado-based Bitcoin mining company Revolve Labs wants to build a $60 million data center in Glencoe, Minnesota. According to the Minnesota Star Tribune, the proposed complex would have cooling systems, backup generators, and one or two AI data centers. In addition to resolving neighborhood noise pollution problems, its objective is […]
Brad Garlinghouse on Chris Larsen’s $10M Donation to Kamala Harris
Ripple CEO Brad Garlinghouse addressed the controversy over co-founder Chris Larsen’s $10 million donation to Kamala Harris. Recently, Brad Garlinghouse, the CEO of Ripple, has taken the initiative to address the ongoing conversation surrounding Chris Larsen, the co-founder of Ripple, who contributed $10M to Kamala Harris’s campaign, the Vice President of the United States. In […]
Trust Wallet Halts Transak Onramp After Data Breach
Trust Wallet temporarily blocked Transak’s fiat-to-crypto payment service following a data breach at the Miami-based company. Transak’s official statement claims that hackers obtained stolen credentials by “unauthorized access” to a laptop belonging to a third-party employee. Via a clever phishing technique, hackers were able to access personal information, including names, belonging to over 92,554 users […]
TON Blockchain Sees Significant Drop in Daily Active Users
On-chain statistics from IntoTheBlock indicate that there has been a notable decrease in the number of daily active users on The Open Network blockchain. The on-chain stats and analytics service posted a chart on X that shows the dramatic decline in daily active users that the TON network has experienced in recent weeks. Throughout this […]
CFTC Presses for Clear Laws on Crypto, Election Bets
Rostin Behnam, chair of the CFTC, urged Congress to regulate cryptocurrencies and predictive election betting at the SIFMA conference. Rostin Behnam, who serves as the chair of the Commodity Futures Trading Commission, recently brought attention to the problem of Congress’s lack of action on regulating cryptocurrencies and betting on predicting election outcomes. During the SIFMA […]