News & Articles By Sterling Ashworth
06/07/2026
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By Sterling Ashworth
U.S. Treasury Sanctions Iran’s Nobitex Crypto Exchange Amid Regional Conflict
The U.S. Treasury Department imposed sanctions on Nobitex, Iran’s largest cryptocurrency exchange, accusing it of facilitating transactions for Iran’s military, according to a Treasury statement [1]. The action, conducted by the Office of Foreign Assets Control (OFAC), blocks all assets held by the exchange under U.S. jurisdiction and prohibits U.S. persons from engaging in transactions […]
05/31/2026
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By Sterling Ashworth
Bitcoin Hash Rate Flattens as Miners Face AI Squeeze, Fidelity Report Says
Bitcoin’s network hash rate has stalled and mining difficulty has dropped sharply in 2026, signaling that miners are redirecting power and capital toward artificial intelligence (AI) data center workloads, according to multiple industry reports. A mid-year update from Fidelity Digital Assets, as summarized by third-party outlets, describes the year as one of “structural retooling,” where […]
04/27/2026
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By Sterling Ashworth
DOJ Announces Recovery of $700 Million from Chinese-Linked Crypto Scam Compound, Funds to Be Returned to U.S. Victims
DOJ Announces Asset Seizure and Victim Compensation Plan U.S. Attorney Jeanine Pirro announced in Washington, D.C. on Thursday, April 23, that the Department of Justice (DOJ) has recovered $700 million from Chinese cryptocurrency scammers, with plans to return the funds to American victims. The announcement detailed that the funds, which had been restrained to prevent further […]
04/24/2026
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By Sterling Ashworth
U.S. Admiral Highlights Bitcoin’s Cybersecurity Applications in Senate Testimony
WASHINGTON — U.S. Navy Admiral Samuel Paparo called Bitcoin a “valuable computer science tool” for U.S. “power projection,” stating its proof-of-work technology has “really important” applications for cybersecurity, according to testimony delivered during a Senate Armed Services Committee hearing on April 22, 2026. The hearing examined the strategic posture of U.S. forces concerning threats from […]
04/09/2026
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By Sterling Ashworth
IMF Issues Warning on Financial Stability Risks from Tokenization
Introduction The International Monetary Fund (IMF) has warned that the growing practice of tokenizing traditional financial assets could import risks from cryptocurrency markets into the broader, regulated financial system. This warning was issued in the IMF’s April 2026 Global Financial Stability Report. Officials expressed concern that interconnections between tokenized markets and core finance could destabilize […]
02/08/2026
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By Sterling Ashworth
Amazon’s $200 Billion Spending Shock Reveals Big Tech’s Centralization Crisis
Introduction: A $200 Billion Warning Sign The financial headlines on February 5, 2026, told a stark story: Amazon shares plunged more than 10% in extended trading after the e-commerce and cloud behemoth announced a staggering $200 billion capital expenditure forecast for the year alongside a fourth-quarter earnings miss. [1] [2] The market’s immediate, brutal reaction was more than […]
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