Tether Picks Canaan Modules to Power Immersion Mining Sites

Key Takeaways: Canaan secured a follow-on order from Tether for custom hash board modules deploying to South America in 2026. The modular system, co-designed with ACME Swisstech, cuts operational complexity and boosts compute density for large-scale immersion-cooled mining. Tether holds an option to purchase additional module volume, signaling potential multi-phase expansion of the partnership. Canaan…

Read More

CFTC Sues Wisconsin Over Prediction Market Ban

Key Takeaways: The CFTC sued Wisconsin on April 28, 2026, defending Kalshi and Polymarket against state gambling law enforcement. Wisconsin AG Josh Kaul filed 3 lawsuits on April 23 targeting platforms earning over $1 billion annually from sports contracts. The CFTC has now sued 5 states in April 2026, with the conflict expected to reach…

Read More

UAE to Exit OPEC After Nearly 60 Years

The United Arab Emirates has announced it will leave OPEC and OPEC+ effective May 1, ending a membership that began in 1967—four years before the UAE was founded as a country. This signals a turning point in the UAE’s role in global energy. The government statement, published on state news agency WAM, cited a comprehensive…

Read More