AI could soon surpass Bitcoin mining in energy consumption, according to a new analysis that concludes artificial intelligence could use close to half of all the electricity consumed by data centers globally by the end of 2025. The estimates come from Alex de Vries-Gao, a PhD candidate at Vrije Universiteit Amsterdam Institute for Environmental Studies [...]

In a 68-30 vote on Tuesday evening, the Senate overwhelmingly passed the GENIUS Act with bipartisan support. Eighteen Democrats joined the majority of Republicans in passing the bill, which is the first to establish a federal regulatory framework for stablecoins, crypto tokens that are pegged to the value of the US dollar. In the past [...]

The Department of Justice reported yesterday that it filed a civil complaint to seize roughly $225.3 million in cryptocurrency linked to crypto investment scams. In a press release, the DOJ said it traced and targeted accounts that were part of a sophisticated blockchain-based money laundering network" dispersing funds taken from more than 400 suspected victims [...]

It's not every day you hear of cryptocurrency executives falling for crypto scams, but here we are. A complaint filed by the Department of Justice appears to reveal that a pair of MoonPay executives lost $250,000 worth of Ethereum when donating to what they thought was President Donald Trump's inauguration, as first reported by NOTUS. [...]

The crypto industry is beginning to see a return on one of its most prescient investments: Donald Trump. On Thursday, the House of Representatives passed three bills that industry supporters believe will bring more legitimacy and predictability to the digital currency space - and that critics warn could enrich the president's own family and hand [...]