One Big Beautiful Bill Narrowly Passes Senate
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The controversial bill now heads to the House of Representatives where it will also likely be vigorously debated. Close Call: Controversial ‘One Big Beautiful Bill’ Barely Clears Senate U.S. President Donald Trump’s so-called “one big beautiful bill (OBBB),” narrowly eked out a victory after both opponents and proponents of the president’s marquee legislation were left […]

Hut 8 Secures Major Power Contracts in Canada
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Hut 8 Corp announced on July 2 that its subsidiary, Far North Power Corp, has secured five-year capacity contracts with the Ontario Independent Electricity System Operator (IESO). Hut 8 Joint Venture Entity Wins IESO Auction The energy infrastructure platform Hut 8 Corp announced on July 2 that its entity Far North Power Corp has secured […]

US Crypto Exchanges a ‘Blind Spot’ in North Korea Laundering Scheme
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North Korean developers, operating as fake freelancers, have reportedly amassed over $16.5 million this year by infiltrating crypto and traditional tech companies, according to crypto sleuth ZachXBT. U.S. Exchanges Used to Launder Funds According to online crypto scam investigator ZachXBT, a total of $16.58 million has been paid to North Koreans hired as developers at […]

Palmer Luckey and Peter Thiel Back New Bank Erebor to Fill Gap Left by Silicon Valley Bank
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A group of tech billionaires, led by Palmer Luckey, co-founder of military contractor Anduril, is preparing to launch a new bank named Erebor, aimed at filling the gap left by Silicon Valley Bank (SVB) for start-ups, including those in the cryptocurrency sector. Backed by high-profile investors such as Peter Thiel’s Founders Fund and Joe Lonsdale […]