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US Winter Storm Plunges Bitcoin Hashrate to Seven-Month Low as Miners Curtail Operations to Stabilize Local Grids
WASHINGTON — A fierce and expansive winter storm that swept across large swathes of the United States over the weekend triggered an immediate crisis for the nation’s power infrastructure, forcing a massive portion of the domestic Bitcoin mining fleet to voluntarily power down. The unprecedented curtailment drained the global blockchain network of a significant fraction […]
Georgia Man Arrested and Extradited to Connecticut for Sophisticated $50,000 Bank Impersonation Scam Targeting Local Business
WEST HARTFORD, Conn. — A meticulous year-long multi-state investigation has culminated in the arrest of a 41-year-old Georgia resident accused of executing a sophisticated financial scam that cost a Connecticut-based company $50,000. The suspect allegedly posed as a high-ranking fraud manager for a regional bank, manipulating corporate trust to execute a fraudulent wire transfer. Junior […]
