Author: NBTC
Georgia is registering increased energy consumption in its crypto mining sector, which has been growing thanks to low electricity rates and favorable regulations. Most of the country’s coin mining enterprises are located in free economic zones, where businesses, including those dealing with cryptocurrencies, are offered preferential terms. Bitcoin mining farms burn 5% of Georgia’s electricity Energy usage by large-size data processing centers in Georgia is growing, local and regional media unveiled this week, quoting official stats. The majority of these DPCs are currently engaged in the minting of digital currencies, the Business Gruzia portal noted in a report on Tuesday.…
Artificial intelligence firm Anthropic has launched a corporate political action committee (PAC), entering election financing as debates over AI policy intensify in Washington. The company filed a statement of organization with the Federal Election Commission on Friday to establish “AnthroPAC,” an employee-funded PAC that will collect voluntary contributions from staff. The filing lists Anthropic as the “connected organization,” with the committee structured as a “separate segregated fund” and registered as a lobbyist-affiliated PAC. Under US law, individual contributions are capped at $5,000 per election cycle per candidate and must be disclosed through public filings. Anthropic launches PAC. Source: FEC Anthropic…
Japanese e-commerce conglomerate Rakuten Group disclosed that it is adding the Shiba Inu ($SHIB) meme coin to its mobile wallet. This move marks a positive regulatory and platform development for Shiba Inu in Japan. $SHIB going live on Rakuten Mobile Wallet According to updates shared by Shibarium, Rakuten Wallet is expanding its spot trading to include $SHIB, starting on April 15, 2026. Upon debuting, Japanese users of Rakuten Wallet can buy, sell and trade $SHIB directly on the platform using Japanese yen. They can also use other supported assets, all within a regulated environment. The Shibarium team added that $SHIB…
Anthropic has just secured one of the largest compute deals the AI industry has ever seen. The company locked in 3.5 gigawatts of next generation Google TPU compute through Broadcom. In the same week, Anthropic highlighted its tremendous growth with its annualized revenue now crossing the $30 billion mark, which is more than triple the $9 billion reported at the end of 2025 and the number of customers spending $1M+ on Claude doubling from 500 to 1,000 in under two months. Coindesk framed it as bitcoin miners gaining a powerful new rival in the fight for cheap power. This framing…
The future of digital finance increasingly hinges on the ability to integrate technological innovation with institutional solidity. The future of digital finance increasingly hinges on the ability to integrate technological innovation with institutional solidity.A recent report by RWA.io, created with contributions from 15 of the world’s leading financial and technological institutions, including Standard Chartered, Citi, BNY, Ondo Finance, and Alchemy, highlights how tokenized bank deposits are set to become a fundamental pillar of the next-generation digital financial system. According to the research, tokenized deposits could ensure unprecedented resilience, enabling high-level institutional settlements directly on blockchain infrastructures.This evolution not only promises…
Pershing Square CEO Bill Ackman refuses to settle what he calls a fabricated gender discrimination claim from a terminated family office employee, weeks before his $10 billion IPO. The post, which quickly went viral, drew immediate public support from Elon Musk and venture capitalist Chamath Palihapitiya, both of whom framed such lawsuits as a hidden tax on business. The Family Office Blowup Behind the Post Ackman revealed that he founded a family office called TABLE roughly 15 years ago and hired a trusted friend to run it. Over the past decade, operational costs and headcount ballooned while his investment portfolio…
In late 2025, the banking giant JPMorgan (NYSE: JPM) was responsible for the street-high S&P 500 forecast for 2026 of 8,000 points, but it has, in more recent months, engaged in multiple target downgrades. Specifically, after first dropping the estimate to 7,500, the company again lowered the prediction to 7,200 in late March. Thus, instead of the originally anticipated 16.65% rise in 2026 from 6,858 to 8,000, a 5% rise is expected. Simultaneously, while JPMorgan apparently still estimates that the benchmark stock market index will end the year in the green, it also warned that the ongoing war in the…
The Russian government is preparing to exempt cryptocurrency trading and custodial services from value-added tax (VAT) as part of a major push to regulate coin operations in the country. The necessary legislation has been drafted already. It also determines the taxation of profits generated by entities engaged in these activities and of the personal income of digital currency traders. Russia won’t collect VAT on crypto trading and storage services The Ministry of Finance in Moscow has put forward amendments to Russia’s Tax Code to address the taxation of various crypto transactions of both businesses and individuals. A key proposal is…
At the beginning of March, 2026, Gold appeared like a perfect investment due to both the positive momentum the commodity has been enjoying for months and its status as a ‘safe haven’ asset amidst the latest geopolitical escalation. Despite the apparently positive outlook, purchasing $1,000 worth of the yellow metal at the start of the month would have been a losing bet. Specifically, on Monday, March 2, gold climbed as high as $5,390 as the war started with a joint bombing of Iran by the U.S. and Israel and was projected to last approximately four weeks. At press time on…
Polymarket has removed a betting market tied to the rescue of U.S. service members in Iran, after intense backlash and criticism from lawmakers this weekend. The market allowed users to wager on when the U.S. would confirm the rescue of two airmen after an F-15E fighter jet was shot down over Iran. The crew members have since been rescued. Rep. Seth Moulton, a Democrat from Massachusetts, criticized the listing in a post on X, calling it “disgusting” and arguing it reduced a military rescue effort to a financial trade. Moulton has taken a hard line on prediction markets, recently banning…