Nvidia Confirms It Will Back Massive 4.25GW SoftBank Data Center In Ohio For $105 Billion

Tether Reports $1.04B Profit In Q1 As Treasury Holdings Top $140BN Authored by Nate Kostar via CoinTelegraph.com, Stablecoin issuer Tether (USDT) reported $1.04 billion in net profit for the first quarter of 2026, as its excess reserves rose to a record $8.23 billion, according to its latest attestation on Friday. The company said its reserves remain heavily concentrated in US Treasuries, with around $141 billion in direct and indirect exposure, while total assets of about $191.8 billion exceeded liabilities of approximately $183.5 billion as of March 31. Tether said this level of exposure makes it...

New Jersey Lawmakers Pass Bill To Establish Large Load Data Center Tariff By Zachary Skidmore of DataCenterDynamics New Jersey lawmakers have passed a bill that will direct the state's Board of Public Utilities (PUC) to establish a dedicated data center tariff for facilities with a capacity of 50MW or more, in an attempt to shield other ratepayers from cost increases tied to new builds. A similar bill was originally proposed in June of last year by Democratic assemblymen Dave Bailey and Joe Danielsen. However, that initial bill was pocket-vetoed by then-governor Phil...

Hezbollah Chief Torches 'Futile' Israel Talks, Urges Lebanon Walkout As Rubio Hypes 'Historic Opportunity' The Israel-Lebanon peace talks which have kicked off at the State Dept. in Washington D.C. on Tuesday are unprecedented and historic, and yet they remain largely symbolic and will unlikely lead to much in terms of ending the conflict with Hezbollah. That's of course because Hezbollah is not actually represented, only Lebanese government officials - who hold no power or sway over what is the single most well-armed paramilitary group in the country. Hezbollah leader Naim Qassem...