Minnesota has banned cryptocurrency ATMs following reports of nearly $1 million lost in scams since 2023, primarily targeting seniors through impersonation schemes. The ban, signed by Governor Tim Walz, requires removal of existing machines by the end of 2026. These scams are hard to reverse due to the nature of crypto transactions. The ban coincides with a federal crackdown on suspected Medicaid fraud in Minnesota, where over $200 million in federal funding is frozen amid investigations into fraudulent claims and theft from state programs.
Trust Carbon Infrastructure unveiled its HXS compute-efficiency layer, which reduces energy consumption by up to 50.5% and increases server throughput by 167% on NVIDIA H100 GPUs without changing AI model outputs. Tested on models from Alibaba, Meta,...
Nextech3D.AI is moving to acquire the remaining ownership of ARway, a company it already partially owns, to unify operations under one platform and streamline its business. The acquisition adds about $1.5 million in annual revenue and profit, enhanci...
Uber has significantly increased its involvement in autonomous vehicle (AV) technology by partnering with and investing in over 30 AV companies worldwide since 2023. After selling its own AV division in 2020, Uber shifted focus back to AVs through st...
In July, American crypto ETFs, especially Bitcoin ETFs, recorded a net inflow of $172.4 million, ending two months of capital outflows after a tough second quarter. Despite a sharp outflow of $265.4 million on the last day of July, the overall monthl...
Bitcoin fell below $63,000 following a major security breach in Coldcard hardware wallets that drained over 1,100 BTC, shaking market confidence. This incident coincides with two upcoming August events: the uncertain BIP-110 soft fork starting miner ...
