• A Massachusetts man, Nadeam Nahas, faces charges after illegally mining cryptocurrency in a school crawl space. • He leveraged the school’s electricity to increase his profits while avoiding the expensive cost of electricity needed for Bitcoin mining. • Illegal crypto-mining operations are fairly common, as perpetrators have been caught stealing equipment and tapping into […]

• The SEC issued a notice to Binance USD issuer Paxos on Feb. 13 to stop further BUSD minting. • As a result, investors withdrew around $2.3 billion worth of BUSD from Binance within four days. • Binance reserves decreased by 16%, falling to around 12.1 billion tokens in the same period. SEC Intervenes in […]

• Ordinal Punks NFTs are being called out as ’sketchy‘ due to inadequate infrastructure and a lack of transparency. • Despite this, demand for Bitcoin NFTs is still on the rise, with clone collections such as ‘Bitcoin Punks’ becoming increasingly popular. • However, it is advised to stay away from FOMO due to the lack […]

• Craig Wright is suing 15 Bitcoin developers to obtain 111,000 BTC worth $2.5 billion. • The U.K.’s Court of Appeal ruled that developers may owe duties to owners of a blockchain and granted the lawsuit permission to move forward. • If Wright wins, the developers could be required to write software patches that would […]