Bitcoin miner Bit Digital acquires $53M facility as AI, HPC push continues

Bitcoin mining company Bit Digital has acquired an industrial building in Madison, North Carolina, upping the ante in a business diversification strategy that includes strategic pivots into AI and high-performance computing.  Bit Digital agreed to buy the property for $53.2 million through Enovum Data Centers Corp., the company’s wholly owned Canadian subsidiary, regulatory filings show….

Read More

SEC and Binance push for another pause in lawsuit after ‘productive’ talks

The US Securities and Exchange Commission (SEC) and crypto exchange Binance have asked a US federal judge for an additional two-month pause in their nearly two-year legal battle. “Since the Court stayed this case, the Parties have been in productive discussions, including discussions concerning how the efforts of the crypto task force may impact the…

Read More

Bitcoin may benefit from US stablecoin dominance push

The US push to maintain the dollar’s global dominance through stablecoin adoption could have unintended benefits for Bitcoin as it emerges as a potential national reserve asset. During the White House Crypto Summit on March 7, US Treasury Secretary Scott Bessent said the American government would use stablecoins to ensure the US dollar remains the…

Read More

X helps update Kids Online Safety Act in final push for passage in the Republican-led House

With just weeks left to pass legislation before Congress adjourns, X CEO Linda Yaccarino announced she worked with the authors of the Kids Online Safety Act (KOSA) to update the bill in what seems like a play to win over the Republican House leaders standing in the way of it becoming law. The striking announcement…

Read More

EV charging gets another massive funding push from Biden administration

The Biden administration says that the number of EV charging stations in the US has doubled since 2021 as it announces another round of grants for states looking to install more charging locations. The administration claims that there are now over 192,000 publicly available charging ports in the US, with approximately 1,000 new public chargers…

Read More

Democrats push Sam Altman on OpenAI’s safety record

“Given the discrepancy between your public comments and reports of OpenAI’s actions, we request information about OpenAI’s whistleblower and conflict of interest protections in order to understand whether federal intervention may be necessary,” Warren and Trahan wrote in a letter exclusively shared with The Verge. The lawmakers cited several instances where OpenAI’s safety procedures have…

Read More