Ripple Labs, which owns Ripple payments network and maintains the XRP ledger, is the latest company to weigh an acquisition of what, at one time, was one of the crypto industry’s largest lenders with $25 billion in assets; lending rival Nexo made a similar overture in June. FTX was also in the running for a time.
Texas’ Power Grid Needs Larger Increase Than Expected to Handle AI, Bitcoin Mining
Speaking to the Texas Senate Business and Commerce Committee Wednesday, Pablo Vegas, the CEO of the Electric Reliability Council of...