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Kuwait cracks down on crypto miners for being a "major" cause of blackouts; energy consumption in the Al-Wafrah region fell by 55% after the crackdown (Ahmed Hagagy/Reuters)

Ahmed Hagagy / Reuters : Kuwait cracks down on crypto miners for being a “major” cause of blackouts; energy consumption in the Al-Wafrah ...

2 May 2025

Trump's World Liberty Financial says Abu Dhabi's MGX fund is making a $2B investment in Binance using World Liberty's USD1 stablecoin, raising ethical concerns (David Yaffe-Bellany/New York Times)

David Yaffe-Bellany / New York Times:
Trump's World Liberty Financial says Abu Dhabi's MGX fund is making a $2B investment in Binance using World Liberty's USD1 stablecoin, raising ethical concerns  —  A deal for a state-backed Emirati firm to use a Trump-affiliated digital coin was announced in a panel that included the president's son …

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