A federal jury in Salt Lake City convicted Oluwole Adegboruwa and Enrique Isong, foreign nationals, of multiple drug-related charges. From 2016 to 2019, they generated over $8 million in cryptocurrency, including bitcoin and ethereum. Adegboruwa operated under the names “King Odua” and “Alagbada726,” converting cryptocurrencies to traditional currency. Sentencing is scheduled for August.
In a recent analysis by Kaiko, it has been found that hedge funds are currently holding net short positions on bitcoin (BTC) and ether (ETH) futures. This strategic move reflects a cautious stance amid fluctuating market dynamics and speculative trading activities.
Study…
The deadline for President Joe Biden to decide whether to veto or sign a resolution overturning the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules is approaching. The resolution passed both the House of Representatives and Senate despite a prior…
TRON founder Justin Sun has made a public call to back a U.S. presidential candidate favorable to cryptocurrencies. Sun emphasizes the importance of recognizing the cryptocurrency community—including companies and protocols—as key stakeholders in the political arena. He urges that their voices be heard and their interests safeguarded, highlighting the growing influence of digital currencies in…
Atropos Health, a healthcare technology company focused on generating personalized real-world evidence, announced today that it has raised $33 million in a Series B funding round. The round included strategic investments from healthcare giants McKesson, Merck, and Cencora…
Anomaly has raised $1.45 million for an AI-driven Layer 3 Web3 gaming platform.
Anomaly unveiled its AI-driven layer 3 gaming platform, which the company said has captivatedTelegram’s users with a novel “play-to-airdrop” mechanism.
The recent funding round valued…
In its Q1 2025 earnings call on Wednesday, Nvidia CEO Jensen Huang highlighted the explosive growth of generative AI (GenAI) startups using Nvidia’s accelerated computing platform.
“There’s a long line of generative AI startups, some 15,000, 20,000 startups in all different fields from multimedia to digital characters, design to application productivity, digital biology,” said Huang.
CHRISTCHURCH, New Zealand — Lockheed Martin’s delay in rolling out the F-35 fighter’s Technology Refresh 3 upgrade package appears to have no immediate effect on customers in the Asia-Pacific region, but governments are monitoring their acquisition timelines…
The military would dedicate more Lockheed Martin-made F-35 Joint Strike Fighters to testing new technologies and capabilities under the House’s proposed fiscal 2025 National Defense Authorization Act.
An amendment proposed by Rep. Rob Wittman, R-Va., and adopted by a voice…
How renewables could beat natural gas in US generating capacity within 3 years – in numbers
May 24, 2024
US renewables’ electrical generating capacity could be close to – and may even surpass – natural gas within three years, according to FERC data.
In March alone, solar accounted for 99.7% of capacity added, marking the seventh consecutive month that it provided more new generating capacity than any other energy source, according to the US Federal Energy Regulatory Commission’s (FERC)…
