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Bulgarian prosecutors drop case against Nexo execs, citing no evidence of criminal activity

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Authorities said they found no evidence Kosta Kanchev, Antoni Trenchev, Trayan Nikolov and Kalin Metodiev committed money laundering, tax crimes, or computer fraud.

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Crypto miners in Texas’ ERCOT region are now required to report power demand

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PUCT Chairman Thomas Gleeson said the new rule was designed to help manage the power grid as more mining facilities come online.

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Elon Musk, the world’s richest man, hits record $348B net worth

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The new wealth record has been driven by a Tesla stock surge late last week and a $50 billion funding round for Musk’s AI startup. 

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SEC nets record $8.2B from enforcement, mostly from Terraform Labs

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Terraform Labs’ near $4.5 billion settlement with the SEC has contributed to a record year for the agency’s financial penalties.

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