Author: Cointelegraph By Ana Paula Pereira

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CleanSpark reports 187% hashrate growth

CleanSpark’s hashrate increased from 9.6 EH/s to 27.6 EH/s over the past year, driven largely by strategic acquisitions that boosted its mining capacity. Source link

BTC miners are ideal energy consumers, but regulators need to catch up — Hive

According to Hive’s CEO, data centers have the potential to enhance grid stability, especially as the transition to renewable energy introduces more volatility into power systems. Source link

CME’s Bitcoin Friday Futures launch with 31K contracts on day one

CME’s new derivatives product allows market participants to hedge or speculate on Bitcoin price movements in the short term.  Source link

UK crypto ATM operator pleads guilty to fraud, money laundering charges

Olumide Osunkoy faces prosecution on multiple charges related to the operation of crypto ATMs across the UK. He could spend up to 26 years in jail if convicted of all charges.  Source link

Elon Musk starts to comply with Brazilian court orders, suspends accounts on X

At least 11 accounts linked to the spread of misinformation in Brazil have been banned from X over the past few days as the platform begins complying with supreme court orders. Source link

Coinbase’s cbBTC surges to third-largest wrapped BTC token in just one week

According to data from CryptoQuant, cbBTC circulation supply has outpaced long-established players seven days after launch.  Source link

SEC settles with Rari Capital over DeFi pools, unregistered broker activity

The regulator charged the former DeFi protocol and its co-founders for allegedly misleading investors and unregistered broker activity involving its pools.   Source link

Prager Metis to pay $745K to settle SEC charges over FTX audit misconduct

The regulator alleges that Prager issued two audit reports for FTX between February 2021 and April 2022 that falsely represented auditing standards.  Source link

MicroStrategy announces third debt offering of 2024, plans to raise $700M

The proceeds will be used to pay off $500 million in existing debt and to purchase more Bitcoin. MicroStrategy currently holds 244,800 BTC.  Source link

Brazil lifts freeze on Starlink, X accounts after $3M fine payment

The fines are tied to a legal dispute involving X’s failure to comply with court orders in the country.  Source link