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.
Crédit Agricole d'Ile-de-France is issuing social shares through its local cooperative banks to broaden its membership base and ensure the sustainability of its capital. These shares, valued at €1.53 each, grant voting rights and annual interest, wit...
Piq Energy secured an oversubscribed $5 million seed funding led by Active Impact Investments to advance its AI-driven grid planning platform. This platform helps utilities and developers automate complex engineering workflows to connect new energy p...
Heilind Electronics now offers GCT USB4220 and USB4225 USB Type-C vertical connectors, featuring a shared 24-pin footprint that supports both USB 2.0 and USB 3.2 Gen 2 standards without PCB redesign. These connectors provide flexible height profiles ...
Mint Innovation appointed Matt Bedingfield as Global CEO and spun off its lithium-ion battery recovery business into a new company called Linca, led by co-founder Dr. Ollie Crush. This move allows Mint to concentrate on recovering metals from printed...
Mobileye Global Inc. is evolving from primarily an Advanced Driver Assistance Systems (ADAS) provider to focusing on robotaxi services and humanoid robotics. Currently valued at around $8 billion, this reflects mainly its legacy ADAS business. The co...
