Bitcoin Mining Drives 90% of HIVE’s $1M Daily Revenue Despite AI Expansion
HIVE’s preliminary data covering Aug. 21 to Sept. 10 puts GPU cloud revenue at roughly $100,000 per day, while the potential for Swedish reuse...
NVIDIA Expands Australia’s AI Capacity With Eight Partners
NVIDIA said on Sept. 9 that it is partnering with eight Australian infrastructure providers to develop an AI factory network, with capacity expected to...
Consensys Plans Split Into MetaMask and Institutional Blockchain Business
The restructuring will be carried out to separate MetaMask’s consumer-focused business from Consensys’ Ethereum protocol development and institutional blockchain infrastructure operations.
Consensys Software Inc., the...
Iran Uses Crypto for Export Payments as Sanctions Tighten: FT
Iran’s central bank has reportedly loosened foreign-exchange restrictions and allowed greater use of cryptocurrencies for export payments as businesses look for alternatives to traditional...
Malone Lam Pleads Guilty Over Alleged $245M Crypto Theft Scheme
US prosecutors said Lam ran an international network that targeted cryptocurrency holders using social engineering tactics and home break-ins.
Singaporean national Malone Lam pleaded guilty...