Some have called it the future of finance, but cryptocurrency still relies on mining, much like gold. However, unlike gold, it’s not mined for in dark caverns; crypto mining takes place online. Similar to the gold rush of old, crypto mines are proliferating and using an extraordinary amount of electricity. According to the U.S. Energy…

U.S. forces take down a barrage of missiles and drones in what is being called a “complex attack” by Houthi militants. And masked gunmen storm onto the set of a live newscast in Ecuador as the country’s president declares a state of emergency. These stories and more highlight The Morning Rundown for Wednesday, Jan. 10,…

There’s more to the U.S. Marshals Service than what you see from Tommy Lee Jones in “The Fugitive” and the follow-up film, “U.S. Marshals.” Part of what the real agency does is seize millions of dollars worth of goods from criminals and put up the pricey goods on the auction block. Bloomberg Businessweek analyzed the…

Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, was found guilty on all charges in his monthlong fraud and conspiracy trial on Thursday, Nov. 2, nearly a year after his company filed for bankruptcy. Bankman-Fried, 31, founded FTX, an exchange that allowed customers to buy and sell digital assets like Bitcoin. According to Forbes,…

The House has approved a $14.3 billion aid package for Israel. And for those who don’t tip when ordering from DoorDash, the company has a warning for you. These stories and more highlight The Morning Rundown for Friday, Nov. 3, 2023. House approves $14.3 billion aid package for Israel Secretary of State Antony Blinken  arrived in Israel on…

U.S. officials have their eyes on Chinese crypto mining operations active in the states that could pose a national security threat. The elevated scrutiny comes after a Microsoft team sounded the alarm about an operation in Wyoming in August 2022. The mining operation’s 2022 groundbreaking raised red flags immediately, the New York Times reported. It…

FTX founder Sam Bankman-Fried’s fraud trial is in full swing. The beleaguered crypto evangelist faces up to 110 years in prison if convicted. The details of one of the biggest fraud cases since the turn of the century will come out during this six-week trial. Here are the five biggest revelations so far in this…

The moon will partially obscure the sun this Saturday, Oct. 14, creating a rare ring of light for those in its path from Oregon to Texas. While the annular eclipse is sure to be a spectacle, it will also have an unwanted effect on the already-strained Texas power grid. Throughout the summer, the Electric Reliability…

Unprecedented rate hikes and the nation’s first social media-driven bank run led to Silicon Valley Bank’s collapse, ex-CEO Greg Becker testified to the Senate Banking Committee Tuesday, May 16. But many senators didn’t buy it, faulting executives for fatal mismanagement. The hearing marked the first time top executives at SVB and Signature Bank spoke publicly…