Author: Jeremy Ryan

The US sanctioned four people and 41 entities on November 5, 2026, targeting a corporate network that Treasury says sustained Prince Group’s operations after earlier sanctions. The designations subject covered assets to US blocking and reporting requirements, with restrictions also reaching companies that meet OFAC’s ownership threshold.The Office of Foreign Assets Control (OFAC) said the network helped Prince Group, which it has designated a transnational criminal organization, manage offshore structures, conceal beneficial ownership and maintain commercial activities. It links the group’s affiliates to digital asset investment scams, romance scams and other online fraud, with many operations relying on trafficked and…

TL;DR: IREN reported $200 million in quarterly AI Cloud revenue, up from $71 million the previous quarter, while Bitcoin mining revenue fell from $67 million to $28 million. Its November 5 results underline how quickly some former mining-led businesses are shifting towards AI infrastructure — and how expensive that shift remains. IREN’s latest quarterly results offer a particularly stark view of the transition taking place across publicly listed Bitcoin infrastructure companies. A November 5 filing with the SEC reports $200 million of AI Cloud revenue for the quarter ended September 30, 2026, compared with $71 million in the preceding quarter.…

Dogecoin community member Mishaboar has raised concerns about the security risks associated with social signing, a feature that allows users to create and access a blockchain wallet using everyday accounts like Google, Apple ID, Telegram, or email instead of managing a complex seed phrase.This comes after Keplr, a multichain wallet supporting Cosmos, Bitcoin, Ethereum, and Starknet, stated it had received reports of unauthorized transactions on some Keplr accounts created with Google or Apple login.The wallet provider stated that the incident has been escalated to the Web3Auth team, with both working together to investigate the matter. XRP Had the Worst Day…

NESS ZIONA, Israel, March 12, 2025 /PRNewswire/ — Lumus, the pioneering developer of geometric (reflective) waveguide technology for augmented reality (AR) eyewear, today announced that it has been selected as the optical engine partner by Holochip for its new H50 AR device designed to support the maintenance of critical U.S. Navy equipment. “The Holochip H50, a new goggle-style AR device, is carefully constructed to handle highly sensitive applications for the Navy. Lumus’ geometric waveguide technology will imbue the device with high brightness, best-in-class resolution, and a wide field-of-view that is unachievable with diffractive waveguide optics,” said Lumus CEO Ari Grobman. Expected to be available by the end…

Chipmaker Nvidia CEO Jensen Huang’s relationship with President Donald Trump probably won’t save the company from a more hostile Washington in the post-election era, according to Semafor.Even as victorious Democrats look to take the lead in regulatory committees, Republicans are planning to impose tougher export controls on chips.Three Republican House members have asked Huang to appear in a briefing on whether he had been targeted by a Chinese intelligence agent, according to Semafor’s report on Friday.Democratic Senator Elizabeth Warren wants Huang to testify before Congress on Nvidia’s chip sales to China and other related matters, Semafor said.Cointelegraph reported in March…

Enjoyed this article? Share it with your friends! Many people in the crypto industry have talked for years about a possible Bitcoin BTC $76,014.66 “supercycle”. The idea is still popular, but the stronger sign of long-term growth may be happening somewhere else.A newsletter from Blockbridge Consulting, called TheEnergyMag, suggested that the more serious expansion is taking place in artificial intelligence (AI) infrastructure. Did you know? Want to get smarter & wealthier with crypto? Subscribe – We publish new crypto explainer videos every week! Where to Trade Crypto: 3 Best Approaches Explained (Animated) Analyst Wolfie Zhao referred to it as a…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.   Washington, D.C., November 6, 2026 — The Digital Sovereignty Alliance (DSA), a nonprofit organization dedicated to advancing clear and ethical public policy, research, and education related to emerging technologies, participated in the Strobe Summit, where DSA Managing Director Adrian Wall moderated a fireside chat with…

Ethereum’s core developers are asking application teams to help decide whether proposed gas changes in the Glamsterdam upgrade need revision, because their own audits cannot cover every project’s contracts and off-chain services.In a Nov. 6 post on the Ethereum Foundation blog, Marius van der Wijden asked developers and auditors to check eight gas assumptions affected by the proposed upgrade. Security auditors ChainSecurity and Dedaub are investigating alongside internal audits, but the review also needs projects to explain how they could repair affected systems.The Hoodi testnet’s planned Oct. 26 activation and accompanying 200 million gas-limit increase were postponed on Oct. 22.The…

The US Department of Treasury on Friday issued an order to cut cryptocurrency exchange MEXC Global off from the US’ financial system after accusing it of facilitating at least $16 billion in transactions linked to sanctions evasion, cybercrime and other illicit activity.The Treasury’s Financial Crimes Enforcement Network (FinCEN) asserted that MEXC handled transactions involving sanctioned groups in Iran, Russia and North Korea between May 2021 and May 2026. This included around $1.5 billion in transactions linked to Russian sanctions evasion, according to the official press release. The order effectively bans US financial institutions from processing money transfers involving MEXC and will…

Illuvium Pre-Season 2 Testnet Airdrop went live on July 1, 2026 following a game update All points from the previous phase were reset to zero, giving every player an equal starting position Prize pool is 10,000 ILV tokens, to be distributed based on points accumulated through the missions system Missions are unique to each player: not all players receive the same tasks at the same time Task types include daily tasks, weekly challenges varying from casual to extreme difficulty, long-term milestones with multipliers, and time-limited special missions Long-term milestones can award point multipliers, compounding rewards for dedicated players Pre-Season 1…