Bitfury | Crypto

Bitcoin miner Bitfury started up in 2011, but has now pivoted to tech investing and will pour $1 billion into ethical AI and crypto startups. Bitfury is the latest Bitcoin miner to pivot away from the mining sector, announcing it will become an investment firm focused on “ethical emerging technologies,” including artificial intelligence and crypto. Bitfury said on Tuesday that it would pour $1 billion into AI and crypto startups as early as the fourth quarter of 2025, with the funds coming from its previous operations, successful investments, and a network of investors. “Our mission is to close the gap between innovation and ethics by acting as a catalyst for founders and investors building technologies that serve people and promote long-term resilience,” said Bitfury CEO Val Vavilov. Read more

Jonathan Gould will return to the OCC as Comptroller of the Currency to serve a five-year term following his nomination by US President Donald Trump. Jonathan Gould, who previously worked as the chief legal officer of blockchain infrastructure company Bitfury, has been confirmed as the head of the US Office of the Comptroller of the Currency (OCC) following a Senate vote. In a 50-45 vote in the US Senate on Thursday, a majority of lawmakers voted to confirm Gould to head the banking regulator. In addition to his work at Bitfury, Gould is a partner at the Cleveland-based law firm Jones Day and served as the OCC’s senior deputy comptroller and chief counsel from 2018 to 2021. Gould’s nomination was the latest from US President Donald Trump to be addressed by the Senate since the president took office in January. The chamber has previously voted to confirm Trump’s pick to head the US Securities and Exchange Commission, Paul Atkins, and is expected to take up a vote for Brian Quintenz to chair the Commodity Futur...