Mining operations will account for 0.6% to 2.3% of the country’s total electricity demand by 2023, according to a new analysis from the U.S. Energy Information Administration.
JinseFinanceX Payments, a subsidiary of Elon Musk's tech empire, achieves a pivotal milestone by securing the Utah Money Transmitter License, showcasing regulatory compliance. The delayed payment gateway activation hints at a meticulous approach. With strategic moves into California and New York, X Payments aims to reshape the U.S. digital banking scene. Musk's vision extends beyond social media, emphasizing free speech and financial empowerment through cryptocurrency integration. As industry anticipation grows, X Payments' journey reflects undeniable ambition in navigating regulatory challenges and pushing the boundaries of digital banking, promising a transformative role in the future of financial transactions.
SanyaSEC charges entrepreneur Diana Mae Fernandez with crypto investment fraud, alleging false promises, deceptive fundraising tactics, and misuse of investor funds. Fernandez, facing criminal charges, could receive up to 20 years in prison for each count.
Cheng YuanThe four were associates of a mastermind who initially exploited the exchange for £15 million over three months.
BeincryptoFTX founder SBF faces eight criminal charges, ranging from fraud to conspiracy to commit money laundering, in connection with the collapse of his once-dominant exchange.
decryptAvraham Eisenberg could not be immediately reached for comment, and it is unclear whether he has a lawyer.
OthersFTX’s collapse has significantly damaged both the crypto and broader financial ecosystems.
Crypto Briefing
BitcoinistSome of the main responsibilities assigned to the working group include making policy recommendations related to blockchain and related technologies.
CointelegraphSome of the primary duties assigned to the task force involve making policy recommendations related to blockchain and related technologies.
Cointelegraph