Paraguay's National Power Administration (ANDE) won a legal case against two bitcoin miners convicted of stealing electricity by bypassing meters and directly connecting to the power grid. The miners were sentenced to two years in jail, though the sentence was suspended. This ruling is significant as it also holds property owners accountable if they facilitate or benefit from illegal energy use. ANDE plans to strengthen controls to combat illegal mining and energy theft, which have caused millions in losses. This case follows previous convictions in Paraguay, reinforcing the country's zero-tolerance policy on energy theft related to bitcoin mining.
Sea Limited's shares have fallen over 20% year-to-date amid market jitters, yet the company remains a core holding due to its strong growth catalysts beyond AI trends. Its e-commerce segment has driven significant gross merchandise volume growth desp...
Crypto derivatives liquidations reached $191 million in the past 24 hours, with long positions accounting for $107 million and short positions $83.38 million. While Bitcoin and Ether saw more short position liquidations, the overall losses were mainl...
Ballard Power Systems introduced Fleet360, a comprehensive fuel cell lifecycle program offering performance guarantees up to 250,000 miles for its FCmove-HD+ modules. The program integrates fuel cell data monitoring, technical support, parts assuranc...
Wells Fargo initiated coverage on BlackRock with an 'Overweight' rating, highlighting it as a good entry point for investors. Analysts expect BlackRock's Q3 earnings per share to rise to $14.25 from $11.55 a year ago, with revenue projected at $7.56 ...
Uniswap generated $14.7 million in revenue in September, with its deployment on the Robinhood Chain contributing 53% of the total income. This makes the Robinhood Chain the largest source of revenue for Uniswap in that month. The strong performance h...
