Brazilian authorities raided an illegal Bitcoin mining operation in São Paulo on May 20, confiscating about 1,400 mining rigs that were stealing electricity equivalent to powering 2,000 homes for a month. The operation used large transformers to siphon around 2 gigawatt-hours of power from the local grid. While Bitcoin mining is legal in Brazil, the crime was the theft of electricity. This bust follows a new law allowing seizure and liquidation of digital assets linked to crime, potentially funding public security. Shutting down illegal miners can benefit legal operators by reducing competition for mining rewards.
A U.S. jury ruled in favor of Boeing, rejecting LOT Polish Airlines' claim that Boeing hid safety details about the 737 MAX's MCAS system linked to fatal crashes. LOT sought $153 million in damages for losses caused by the aircraft's grounding after ...
The World Health Organization's Africa regional director has warned that the Ebola outbreak in the Democratic Republic of Congo poses a serious risk of spreading to neighboring countries, with confirmed cases already reported in Uganda. The outbreak ...
XRP is trading near $1.33, struggling within a broader downtrend and testing critical support around $1.31. Technical indicators like the RSI suggest oversold conditions, raising the possibility of a short-term rebound, but the token remains below it...
CEA Industries Inc. has filed a complaint against its asset manager, 10X Capital LLC, in the U.S. District Court for Delaware. The company claims the Asset Management Agreement is one-sided and unconscionable, seeking a court declaration to void the ...
RIVER surged 11% recently, driven by capital inflows in the perpetual market despite ongoing sell pressure in the spot market. The long-to-short ratio on Binance shows strong buying interest, but the broader market indicates more selling, raising con...
