US crypto ATM operator Bitcoin Depot adds $5m in BTC to treasury

United States-based cryptocurrency ATM operator Bitcoin Depot has expanded its Bitcoin holdings, reinforcing its commitment to the leading digital asset. According to a Feb. 3 announcement, the publicly traded firm acquired an additional $5 million worth of Bitcoin, bringing its total treasury holdings to 71.5 BTC, valued at over $7 million based on prices at […]

Russia’s largest power grid operator Rosseti to support Bitcoin mining

Rosseti, the largest state-backed power grid operator in Russia, plans to support Bitcoin mining by utilizing some of its underloaded power centers. According to Russia’s state news agency TASS, Rosseti views the initiative as an opportunity to maximize unused energy capacity while driving additional revenue streams. A translated statement cited in the report states: “The […]

USDT operator Tether hints at AI plan in 2025

Tether, the company behind the $140 billion stablecoin USDT, is planning to expand into artificial intelligence by early 2025. Tether CEO Paolo Ardoino posted on X that the (USDT) issuer is targeting the first quarter of next year to launch its AI platform, marking a move to diversify its business focus beyond U.S. dollar-pegged stablecoins. […]

Bitcoin mixer operator sentenced to 3 years for laundering over $300m

Larry Harmon, an Ohio resident, has been sentenced to three years in prison for laundering more than $300 million worth of Bitcoin through his darknet service, Helix, according to Bloomberg. The platform operated a tool designed to obscure the origins of cryptocurrency transactions, enabling users, primarily criminals, to move funds undetected, according to the U.S. […]