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Iris Energy buys 248 Nvidia GPUs worth $10M for generative AI & Bitcoin mining

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Iris Energy has invested $10 million in the latest generation Nvidia GPUs to explore generative AI while it continues to focus on Bitcoin mining.

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FTX to distribute $900M to creditors in fifth payment round

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The FTX Recovery Trust and company have distributed about $10 billion since the exchange filed for bankruptcy in November 2022, leaving users cut off from their funds.

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Consensys unknowingly outsourced developer work to North Korean

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Through an introduction with a “reputable third-party service provider,“ the company took on a developer who, as part of an investigation, was revealed to be tied to North Korea.

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Galaxy lands 15-year Texas Tech stadium naming rights deal

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Galaxy Digital will rename Texas Tech’s football stadium under a 15-year agreement, expanding its West Texas presence as the state attracts growing crypto investment.

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