10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
Blockchain

US Investigating Ransomware Negotiation Firm Employee


The US Justice Department has launched a probe into a former ransomware negotiator, accused of striking deals with hackers to take a cut of the crypto used to pay the extortionists.

In a statement to Cointelegraph, DigitalMint President Marc Grens confirmed that one of the firm’s former employees is the target of an ongoing criminal investigation and was “immediately terminated” when the allegations came to light. 

“The investigation evidently involves alleged unauthorized conduct by the employee while employed here.”

The Chicago-based…



Source link

by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link