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Blockchain

Crypto Lobby Backs Dev Suing DOJ Over Open-Source Code Prosecution


A coalition of crypto advocacy groups has thrown its weight behind a federal lawsuit challenging the US Department of Justice’s (DOJ) efforts to prosecute open-source software developers under money transmission laws.

Crypto investment firm Paradigm, alongside the DeFi Education Fund, Blockchain Association, Crypto Council for Innovation and others, filed an amicus brief on Monday in support of Michael Lewellen in the case of Lewellen v. Bondi. Lewellen is a developer who built a non-custodial DeFi protocol and plans to release it publicly.

The…



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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