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.
Aave V4's Base equities market, launched on Sept. 25, now has 144 wallets borrowing USD Coin (USDC), up from eight on launch day. These wallets have posted $9 million in tokenized U.S. stock collateral, including shares tied to Apple, Amazon, Alphabe...
On October 17, open interest in crypto derivatives fell across five major assets, with Solana experiencing the largest drop of 6.59% to $895 million. Bitcoin maintained the highest open interest at $7.62 billion despite a 1.50% decline, while Ether h...
Solana's real-world asset (RWA) market capitalization surged from $700 million to $4.3 billion in one year, showing rapid growth though still smaller than Ethereum's $16.6 billion market. The network's application revenue rose 48% quarter-over-quarte...
Pineapple Financial introduced Pentiv, a new mortgage intelligence platform for brokerages, on Oct. 15 to complement its ongoing effort to migrate mortgage records onto the Injective blockchain. The platform integrates with existing brokerage systems...
Michael Saylor, co-founder of Strategy Inc., presented Bitcoin as "digital capital" at ParaFi Investor Day, focusing on the recovery of STRC preferred stock and a shift to daily dividends. The plan hinges on shareholder approval and aims to integrate...
