During the course of his protracted legal struggle in the United States, Changpeng “CZ” Zhao, who formerly served as the CEO of Binance, has encountered a serious setback. In response to Zhao’s second request to fly outside of the country, a federal judge named Richard Jones of the United States District Court for the Western … Continue reading U.S. Judge Denies Changpeng Zhao's Second Attempt to Travel Abroad
The recent remarks by U.S. Senator Mike Rounds at the World Economic Forum in Davos have shed light on a crucial aspect of the ongoing technology race between the United States and China. As the U.S. continues to enforce strict controls on the export of advanced AI chips to China, it highlights the tenuous balance … Continue reading U.S. Tightens Microchip Export to Sustain AI Leadership Over China
The Department of Energy (DOE) and the Energy Information Administration (EIA) have withdrawn an emergency survey of Bitcoin mining facilities after facing legal backlash. The controversial survey, which raised concerns about the energy consumption of Bitcoin mining operations, has been the subject of a lawsuit by Riot Platforms, Inc., a publicly traded Bitcoin miner, and … Continue reading U.S. Department of Energy Halts Bitcoin Mining Survey Amid Legal Pushback