Bitmex has been ordered to pay a $ 100 million fine after a protracted legal battle stemming from violations of U.S. money-laundering regulations. Bitmex Hit with Additional $ 100 Million Fine Over Bank Secrecy Act Breach In July 2024, HDR Global Trading Limited, the operator behind the Bitmex exchange, admitted guilt in contravening …
Political Meme Coin Economy Shrinks by $420M as US Election Nears
Tether Dives Into AI Wave With $420M Nvidia GPU Investment Amid Soaring Demand
According to a report, Tether, the largest stablecoin issuer by market capitalization, has invested $ 420 million in 10,000 Nvidia H100 graphics processing units (GPUs). This news emerges during a time of surging demand for artificial intelligence (AI). It also comes after Iris Energy reported in August that its bitcoin mining operation acquired 248 …