🥷 In a letter led by New York Attorney General Letitia James, prosecutors warned that the GENIUS Act leaves fraud victims unprotected by not requiring stablecoin issuers to return stolen funds. They argue the law gives firms like Tether and Circle legal cover to freeze but keep assets, profiting from interest while hindering law enforcement and consumer restitution. #regulation link
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🥷 In a letter led by New York Attorney General Letitia James, prosecutors warned that the GENIUS Act leaves fraud victims unprotected by not requiring stablecoin issuers to return stolen funds. They argue the law gives firms like Tether and Circle legal cover to freeze but keep assets, profiting from interest while hindering law enforcement and consumer restitution. #regulation link
📊 Antpool data shows that at current Bitcoin mining difficulty and an electricity cost of $0.08 per kWh, several miners, including Antminer S19 XP+ Hydro, WhatsMiner M60S, and Avalon A1466I, are near shutdown price levels. The Antminer S21 series has shutdown prices around $69,000–$74,000 per BTC, while high-hashrate models such as U3S23H and S23 Hydro remain profitable above $44,000 per BTC. link
📊 Antpool data shows that at current Bitcoin mining difficulty and an electricity cost of $0.08 per kWh, several miners, including Antminer S19 XP+ Hydro, WhatsMiner M60S, and Avalon A1466I, are near shutdown price levels. The Antminer S21 series has shutdown prices around $69,000–$74,000 per BTC, while high-hashrate models such as U3S23H and S23 Hydro remain profitable above $44,000 per BTC. link
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🇺🇸💵 250,000,000 #USDC (249,929,150 USD) minted at USDC Treasury link
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