Tag: crypto
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IMF seeks urgent clarification from Pakistan on 2,000MW power allocation for Bitcoin Mining
The IMF has expressed concern over Pakistan supplying electricity to Bitcoin mining operations and AI data centers, especially as the country faces ongoing power...
U.S. government asks court to dismiss Coinbase user’s challenge over Crypto records
In a filing to the Supreme Court, the U.S. government asserted that Coinbase user James Harper lacks the legal grounds to prevent the IRS...
U.S. Banking regulator urges broader Crypto financial education
The OCC is advocating for a significant enhancement in financial education to keep pace with the rapid growth of digital assets, emphasizing the need...
Trader nets $17M profit by shorting James Wynn’s risky strategy
Although James Wynn faced losses nearing $100 million, a different trader amassed a substantial profit by regularly positioning against his trades.
A crypto trader secured...
U.S. treasury sanctions philippine tech firm for role in $200M pig butchering scam
The U.S. Treasury Department has placed sanctions on Funnull Technology Inc., a tech company based in the Philippines, for allegedly enabling hundreds of thousands...