Venezuelan authorities raided and confiscated about 4,000 illegal Bitcoin mining machines in Maracay, aiming to reduce the strain on the country's power grid, which recently hit a nine-year peak in electricity demand. The operation, called 'Cazador,' targeted a large facility consuming up to 10 megawatts of power, involving police, military, and energy officials. This crackdown follows a renewed government ban on unauthorized crypto mining amid Venezuela's ongoing electricity crisis. The future of the seized equipment remains unclear, with possibilities including destruction, auction, or government repurposing.
Aditxt Inc. shares dropped 33.94% in after-hours trading following a disclosure that major shareholder HRT Financial LP purchased over 4.2 million shares at $0.016 each. Despite this large purchase, the stock continues to face heavy selling pressure,...
Investors who sold Activision Blizzard stock between January 18, 2022, and October 13, 2023, have until June 30, 2026, to apply to be lead plaintiffs in a class action lawsuit. The suit alleges that Activision Blizzard and its board made false and mi...
PZ Cussons has upgraded its profit forecast for the 2026 financial year following strong trading in its key markets and stability in the Nigerian naira. The company now expects like-for-like revenue growth of about 6% and adjusted operating profit at...
Micron is experiencing unprecedented demand for its memory products like DRAM, NAND, HBM, and enterprise SSDs, leading to record revenue and gross margins. This strong demand, driven by AI and other tech trends, is expected to continue beyond 2026 du...
BitMine recently purchased $136 million worth of Ethereum (ETH), adding 76,881 ETH to its treasury, following a previous large buy. This move, funded partly by a $274 million preferred stock offering, signals renewed corporate demand for ETH and coul...
