Raw News Items
93 itemsAugust 19, 2026
- CointelegraphScore: 90
US commodities regulator imposes 5-year trading ban on ex-Alameda, FTX execs
The consent orders ended the CFTC’s case against two former crypto executives after FTX and Alameda agreed to $12.7 billion in disgorgement and restitution payments in August 2024.
- DecryptScore: 90
Bitcoin Surges Toward $70K as $1.14 Billion in Crypto Shorts Get Rekt in an Hour
A White House sitdown with crypto's biggest names and softer Fed signals lit the fuse. But the charts show why the pain for bears might not be over yet.
- CointelegraphScore: 85
MAYAChain halts network after estimated $1.7M exploit
A preliminary analysis says six chained bugs let a 23-message transaction drain 48.87 million CACAO, sending the token down nearly 89%.
- CoinDeskScore: 85
Maya Protocol exploit drains bitcoin and other assets as pool value drops $11 million
A chain of six flaws caused the cross-chain trading network to credit a pool with nearly 50 million tokens that were never properly funded, letting an attacker drain real assets.
- CryptoSlateScore: 85
SEC opens door to day-one crypto insider sales that Senate draft would block
The SEC's new crypto fundraising proposal deliberately treats tokens as free to trade as soon as a buyer acquires them, unless the issuer or another law says otherwise. Insiders typically know more than the public while a token project is still being built, and their incentives do not always line up...
- CointelegraphScore: 85
Ripple raises $275M for US prime brokerage to meet institutional demand
Ripple said the $275 million raised will support its expansion into traditional financial services such as prime brokerage and multi-asset clearing, citing strong demand from institutions.
- CryptoSlateScore: 85
Ripple just scored two major institutional wins but XRP traders are bracing for a bigger move
On Aug. 18, Ripple deepened its push into traditional finance, securing a South Korean banking deal as its prime brokerage raised $275 million. The crypto payment company revealed that South Korea's Jeonbuk Bank became the country's first regional lender to deploy Ripple Payments for cross-border bu...
- CointelegraphScore: 85
SEC regulatory proposal marks ‘important’ step forward from ‘inapt’ crypto rules: Commissioner Peirce
“Crypto mom” Hester Peirce praised the SEC’s proposed crypto regime, published days after the Senate failed to pass the CLARITY Act, the US’ first comprehensive industry framework.
- DecryptScore: 85
Morning Minute: SEC Brings Clarity to Crypto
If the proposed rules are formalized, it could lead to an ICO boom in the U.S.
- CryptoSlateScore: 85
Bitcoin price hits $69,500 because US just doubled Treasury buybacks to crush long-term yields
Bitcoin and Ethereum surged above $69,500 and $2,000 on Wednesday after the US Treasury doubled planned buybacks of long-dated government debt. On Aug. 19, the Treasury Department said it will raise the maximum size of its liquidity-support operations for 10- to 20-year and 20- to 30-year securities...
- The BlockScore: 85
Injective becomes SEC-registered transfer agent as it expands tokenization push
Injective says the registration gives it a regulated way to keep track of who owns tokenized securities and how those assets change hands.
- CoinDeskScore: 85
Bitcoin surges above $68,000, liquidating $1.4 billion shorts as Treasury buybacks boost risk appetite
BTC rose about 6% while ether, solana and crypto stocks climbed after the Treasury doubled the size of its bond buybacks.
- DecryptScore: 85
Six-Bug Exploit Halts Maya Protocol After $1.4 Million in Bitcoin Stolen
The cross-chain protocol said an attacker exploited six software flaws to drain Bitcoin and other assets, sending its CACAO token plunging.
- The BlockScore: 85
Bitcoin hits $69,000, ether jumps 10% as Treasury buybacks, SEC crypto proposal fuel market rally
The move triggered nearly $2 billion in crypto liquidations and lifted crypto-linked stocks, with Strategy and Bitmine gaining around 10%.
- CryptoSlateScore: 85
Bitcoin’s $69,000 breakout now hinges on yields after Fed warns more tightening may be needed
Bitcoin ran from around $64,100 to nearly $70,000 within hours on Aug. 19, once the US Treasury unexpectedly doubled its planned buybacks of long-dated government debt. The move pushed bond yields lower and forced roughly $1.4 billion of crypto short positions out of the market in just four hours. T...
- CointelegraphScore: 80
Bitcoin ETFs add $189M as August net inflows approach $1B
US spot Bitcoin ETFs took in $189 million on Tuesday, lifting August net inflows to $951 million, while Ether ETFs added $71.5 million.
- CointelegraphScore: 80
Bitcoin price hits 11-week high as US Treasury doubles debt buyback size
Bitcoin joined US stocks in a broad rally after the US Treasury announced that it was at least doubling the amount of its debt buyback operations from September.
- CointelegraphScore: 80
StanChart, HSBC execute first live transaction on Swift blockchain ledger
The transaction connected the banks’ separate tokenized deposit systems through Swift’s ledger, marking a step toward interoperable, 24/7 cross-border payments.
- CointelegraphScore: 80
Trump pushes for CLARITY Act passage alongside crypto leaders
Donald Trump spoke from the White House on Wednesday, urging the Senate to pass a crypto market structure bill to keep the country “ahead of China.”
- CoinDeskScore: 80
Bitcoin briefly hits $70,000 for the first time since June. Here is why
The largest crypto asset rose more than 7% on Wednesday after several catalysts sent crypto-related assets higher.
- CoinDeskScore: 75
Ripple raises $275 million in senior notes for prime brokerage push
Ripple Prime's inaugural senior notes carried an investment grade rating and drew institutional investors across key financial markets.
- CryptoSlateScore: 75
Bitcoin’s Q2 selloff split Wall Street as banks bought, hedge funds cut and sovereigns held
Bitcoin fell 14.2% in the second quarter, while institutional Bitcoin ETF holdings rose 7.5% over the same period, climbing from 498,389 to 535,723 BTC equivalent. Fewer institutions drove that increase, with the number reporting Bitcoin positions through 13F filings falling roughly 6.8%, from about...
- CoinDeskScore: 75
A year after losing $1.46 billion, Bybit says AI helped it save $700 million
The exchange that lost $1.46 billion to North Korean hackers is the first large centralized firm to put numbers on a claim bitcoin developers have been making all month.
- DecryptScore: 75
Chinese InsurTech Firm Zhibao Adds 2,380 Bitcoin in $154.7M Treasury Pivot
The Shanghai-based InsurTech firm closed a $154.7 million private placement funded entirely in crypto, with investors contributing Bitcoin directly rather than cash.
- CoinDeskScore: 75
HSBC, Standard Chartered execute first live banking transaction on Swift’s 24/7 ledger
The cross-border transaction is Swift’s first in a pilot project as it tests settlement in its push to remain relevant as stablecoins and tokenized deposits become widely used worldwide.
- CointelegraphScore: 75
Injective receives SEC transfer agent registration for institutional services arm
Injective’s affiliated entity can now maintain securities ownership records, adding regulated market infrastructure to its growing push into tokenized assets.
- CryptoSlateScore: 75
How crypto turned a 68-point deficit into a market lead as Bitcoin and top altcoins outrun the Nasdaq
Bitcoin trailed the Nasdaq 100 by 68 percentage points over the past year, and it has spent the last 60 days turning that deficit into a five-point lead. According to Glassnode's cross-asset return table, Bitcoin fell 44% over the past twelve months while the Nasdaq climbed 24%, making crypto the on...
- CointelegraphScore: 75
FalconX, Ethena bring USDe backing assets into $1B institutional credit facility
The $1 billion facility will deploy assets backing USDe into overcollateralized institutional loans, expanding Ethena’s sources of returns beyond crypto basis strategies.
- CryptoSlateScore: 75
Bitcoin holders face potential exchange freezes as new chain rollout tests replay safety and market stability
Crypto exchange GMO Coin may suspend several Bitcoin services when eCash takes its first balance snapshot at block 963,648, expected around midnight Japan time on Aug. 23. eCash is a new Bitcoin-derived chain that plans to credit holders with a separate ECX asset. Its live roadmap now describes this...
- DecryptScore: 75
Bitcoin's Sharpest Rally in Five Months Flips Markets From Bearish to Coin Flip
Bitcoin's steepest daily gain since March caught traders off guard, and Myriad's pump-or-dump market swung from 70-30 odds to nearly even in a single day.
- CoinDeskScore: 70
‘It has to pass’: Andrew Cuomo warns U.S. is falling behind on crypto rules
Former New York Gov. Andrew Cuomo says the CLARITY Act is key to linking crypto and traditional markets.
- CointelegraphScore: 70
US accounting board FASB proposes conditions for stablecoins as cash equivalents
The FASB said secondary-market liquidity alone would not be enough, with holders needing direct issuer redemption rights and one-to-one liquid reserves.
- DecryptScore: 70
Winklevoss-Backed Cypherpunk Launches 'World's Largest' Zcash Mining Fleet
The Nasdaq-listed privacy firm launched Cypherpunk Mining through a $33.33 million equity deal with Winklevoss Capital, adding roughly 18% of the Zcash network's hashrate to accelerate its treasury ambitions.
- CointelegraphScore: 70
Nexo launches regulated crypto-backed credit in Australia
Nexo introduced regulated, cryptocurrency-backed credit lines that allow users to access liquidity in Australian dollars or stablecoins by borrowing against their digital assets.
- DecryptScore: 70
Alleged $165M Crypto Ponzi Mastermind Deported From Fiji to US
Edward Zimbardi allegedly lured thousands of investors into "The Crypto Program" with promises of 25% monthly returns before fleeing to Fiji.
- CointelegraphScore: 70
Centrifuge adds Symbiotic liquidity network across $1.6B in Janus Henderson, NYLIM funds
Symbiotic’s Liquid Lane gives eligible holders immediate USDC liquidity across three Centrifuge funds managed by Janus Henderson and NYLIM.
- CryptoSlateScore: 70
A hidden divide inside the Fed could trigger a hawkish shock for Bitcoin at 2 PM today
Bitcoin heads into the Federal Reserve's July meeting minutes, due Wednesday, Aug. 19, at 2 p.m. Eastern, with a question the policy statement could not answer: did pressure for higher rates stop with the three officials who dissented, or did it reach more broadly across meeting participants? The Bi...
- CryptoSlateScore: 70
Metaplanet’s US Bitcoin treasury bet could unlock up to $3.4 billion, but there’s a catch
Metaplanet is set to take near-total control of Nasdaq-listed Super League Enterprise with a $134.6 million investment, while most of the billions of dollars tied to the deal would remain dependent on future financing decisions. On Aug. 18, the Japan-based Bitcoin treasury company said it agreed to ...
- CryptoSlateScore: 70
Wall Street piled $1.2 billion into MSTR in Q2 before Strategy turned its Bitcoin flywheel toward rescuing STRC
Wall Street institutions increased their exposure to Strategy's MSTR in the second quarter, just before Michael Saylor’s Bitcoin accumulation machine began redirecting capital toward STRC. On Aug. 18, Strategy said 12 of its 15 largest institutional shareholders increased their MSTR positions throug...
- CointelegraphScore: 70
Standard Chartered analyst eyes $100K BTC as US Treasury doubles long-end buybacks
Bitcoin’s rebound toward $69,000 is gaining momentum as Geoff Kendrick points to improving liquidity conditions and a potential cycle bottom.
- The BlockScore: 70
OCC races to finalize GENIUS Act stablecoin rules by November
The OCC is stepping on the gas to finalize rules by November to implement a stablecoin law signed by President Trump.
- CointelegraphScore: 70
OCC head promises final GENIUS rules by November
The US banking regulator released a 376‑page proposal in February, calling for public comment on rules to implement the stablecoin bill ahead of its January 2027 effective date.
- CryptoSlateScore: 70
Hashdex liquidates $14.7 million Bitcoin ETF as IBIT draws $143.6 million
Hashdex’s $14.7 million Bitcoin ETF is in liquidation after trading and creation orders ended, leaving remaining shareholders waiting for a cash payout rather than an exchange exit. The asset manager announced the closure on Aug. 3. The Hashdex Bitcoin ETF, known by its DEFI ticker, completed its la...
- DecryptScore: 70
Trump Calls on Congress to Pass 'Fair Version' of Clarity Act at White House Crypto Meeting
Trump touted his administration’s crypto policies and said regulators are working to bring Hyperliquid into the U.S. under a compliant framework.
- The BlockScore: 70
HYPE token surges after Trump says CFTC is working to bring Hyperliquid to US in ‘fully compliant fashion’
President Trump said CFTC Chair Mike Selig is working to bring Hyperliquid into the U.S. in a “fully compliant and legal fashion."
- The BlockScore: 70
Congress can still ‘land this plane’ on crypto bill as ethics talks stall, says Democratic Sen. Gallego
Sen. Ruben Gallego says Congress can still "land this plane," referring to the Clarity Act crypto bill, as concerns grow over an unfinished ethics deal.
- CryptoSlateScore: 65
Ethereum’s 12-GPU proving problem just got a 4-GPU answer
ZisK's new four-GPU benchmark claim has lowered the headline hardware count in Ethereum's real-time proving race. In February, CryptoSlate examined a roughly 12-GPU setup as a possible centralization risk. The new figure could bring proof generation closer to independent operators, provided the work...
- The BlockScore: 65
Kalshi files to launch perpetual futures tied to US stock index, copper
Kalshi has filed with the Commodity Futures Trading Commission to offer perps tied to the MerQube US Large Cap Index and copper.
- CryptoSlateScore: 65
This Solana treasury company may sell SOL as a DeFi loan ties up more than half its treasury
SOL Strategies may sell part of its Solana treasury to meet obligations, as much of its holdings remain pledged against debt. According to an SEC filing, the company said it had C$1.87 million in cash as of June 30 and that roughly C$22 million of digital assets were unencumbered and available for c...
- CoinDeskScore: 65
China triples digital yuan bank roster year-to-date as eight more banks join network
The People’s Bank of China (PBOC) added 20 new operators this year across two rounds of expansions, including eight additions this week.
- CoinDeskScore: 65
Beyond crypto funding rates: Ethena diversifies USDe backing with $1 billion FalconX facility
The warehouse facility gives Ethena another source of returns for the assets backing USDe while channeling onchain capital into overcollateralized institutional loans.
- CoinDeskScore: 65
Coinbase, Circle and Bullish jump as Clarity Act proponents express optimism about bill
COIN and BLSH rose about 8% and CRCL gained nearly 10% ahead of a key procedural vote scheduled for Sept. 15.
- DecryptScore: 65
Coinbase Adds 50x Crypto Perps to Base App Through Hyperliquid
The Hyperliquid integration gives eligible Base App users access to more than 290 perpetual futures markets.
- CryptoSlateScore: 65
Circle renews Coinbase deal creating two ways to challenge Coinbase’s USDC payouts, but neither works quickly
Circle's renewed agreement with Coinbase preserves the existing economics around USDC for another three-year term and, starting Aug. 18, made two notice-and-cure remedies available if Coinbase misses defined support thresholds. The filed agreement gives Circle leverage over separate parts of Coinbas...
- CoinDeskScore: 65
Trump pushes Congress to move on Clarity Act during White House crypto event
The CEOs from companies across several tech-forward sectors met with the president in advance of this week's first Innovation Advisory Committee at the CFTC.
- CryptoSlateScore: 65
Solana is slashing per-block compute limits so its new 350ms speed boost doesn’t overload the network
Solana's 350ms Mainnet target is set to take effect in epoch 1020, down from the current 400-millisecond target slot time. The feature activated at the start of epoch 1019, but a one-epoch delay means the network keeps its existing parameters until the next epoch. In practical terms, blocks get a sh...
- CoinDeskScore: 60
Solana leads bitcoin and ether higher while Korean chip stocks slide 7%
Bitcoin held near $64,000 and every major except BNB gained, while Korean semiconductor stocks fell more than 7% and Fed minutes are due at 2 p.m. ET.
- CoinDeskScore: 60
Live updates: Bitcoin remains above $64,000 as oil rises and the Kospi tumbles 6%
U.S. Treasury yields retreat from the highest levels in decades, while bitcoin holds above $64,000.
- CoinDeskScore: 60
Bitcoin stuck in a six-week range as global bond yields hit highest levels for decades
BTC volatility has dropped to multi-year lows as surging Treasury yields rattle equities and traders await the Fed's July meeting minutes for clues on the interest-rate path.
- CointelegraphScore: 60
Bitcoin has ‘largely purged’ froth that preceded 50% drop from $126K: BlackRock
Bitcoin maintained its appeal as a diversification investment despite dropping more than 50% from all-time high, a BlackRock report stated.
- CointelegraphScore: 60
Sweden’s H100 reports $26M H1 loss driven by falling Bitcoin value
Sweden’s H100 reported a $26 million loss for the first half of the year, as it completed its acquisitions to become Europe’s second-largest Bitcoin treasury by holdings.
- The BlockScore: 60
Ex-Signature Bank chair warns big banks could use blockchain to take market share from smaller rivals as N3XT goes global
Scott Shay said big banks could use blockchain payments to take market share from smaller rivals as N3XT expands globally.
- CoinDeskScore: 60
Cantor opens Kalshi prediction markets to thousands of institutional clients
The investment bank will help its roughly 3,000 institutional clients execute large block trades in event contracts.
- CoinDeskScore: 60
Bitcoin nears key technical breakout that could propel prices to $76,000
Bitcoin is close to forming a pattern that analysts say could signal prices rising to as high as $76,000.
- The BlockScore: 60
Ethereum engineering firm Nethermind leaves LayerZero verifier role for Chainlink
Nethermind said it is joining Chainlink as a node operator, where it will help secure CCIP and Data Feeds.
- DecryptScore: 60
Crypto Stocks Rip Higher as Strategy Jumps 12%, Coinbase Climbs 9%
Strategy, Coinbase, Circle, and BitMine are riding Bitcoin's short squeeze toward $70K—and two of them may be squeezing equity bears of their own.
- CointelegraphScore: 60
Bitcoin.com integrates UAE-registered US dollar stablecoin into self-custodial wallet
The integration expands access to USDU, the UAE’s first central bank-registered US dollar stablecoin, as it builds distribution beyond institutional channels.
- CryptoSlateScore: 60
Can tokenized assets continue to scale faster than the revenue models behind them?
Securitize closed its first quarter as a public company with average tokenized assets under management hitting a record $4.3 billion, up 16% year over year, while transaction volume on the platform jumped 147% to $5.3 billion. Total revenue fell 5% to $14.4 million, tokenization revenue dropped abou...
- CoinDeskScore: 55
AI could supercharge crypto but there’s a catch, Fidelity Digital Assets says
AI agents could boost crypto activity, but much of the value may bypass blockchains and their tokens.
- DecryptScore: 55
Coinbase's Base Is Betting Big on AI Agents With $100K Startup Accelerator
Base is narrowing its accelerator to 10 startups as it looks for teams building AI agents, payments, trading, and financing products.
- CoinDeskScore: 55
HYPE jumps 11% as Trump says CFTC is working to bring Hyperliquid to U.S.
During a White House meeting Wednesday, President Donald Trump said CFTC Chair Mike Selig is working to bring the perpetual futures platform into the U.S. under federal rules.
- The BlockScore: 50
Rain CEO says stablecoin payments reach more than 100,000 merchants without them knowing it
Rain CEO Farooq Malik said more than 100,000 merchants accept stablecoins unknowingly, with transactions settling through Visa in three days.
- The BlockScore: 50
Bitwise CIO sees potential for 10-100x blockchain transaction growth as AI agents meet tokenized markets
Bitwise CIO Matt Hougan said investors may be underestimating blockchain transaction activity by 10 to 100 times as tokenized markets expand.
- CoinDeskScore: 50
Bitcoin is flashing 8 of 12 capitulation signals, but bottom's not yet in, says VanEck
Similar setups have historically produced below-average 90-day and 180-day bitcoin returns, said the asset manager.
- DecryptScore: 50
Kalshi Pushes Beyond Prediction Markets With Copper Perpetual Futures
The prediction market operator is seeking CFTC approval for a copper perpetual as it moves further into traditional derivatives markets.
- The BlockScore: 50
Grayscale’s latest Zcash ETF amendment shows DCG in talks to contribute 200,000 ZEC to fund
While DCG is in discussions to contribute ~200,000 ZEC to the Grayscale fund, the potential transaction is nonbinding.
- CryptoSlateScore: 45
Yakovenko wants Solana to mint SOL to buy a company, but who would own it?
Solana co-founder Anatoly Yakovenko has floated the idea of expanding SOL’s supply, paying for a company with incremental tokens, then using the acquired business’s revenue to buy and burn SOL. The posts sketch a tokenomic cycle, but leave its issuance and acquisition mechanics undefined. In an Aug....
- CryptoSlateScore: 45
AsiaStrategy’s Astra deal lets insider-linked buyers take ownership before $8 million comes due
AsiaStrategy agreed to sell all the shares of a Singapore holding company whose sole asset is a 7.07% stake in Thailand-listed Astra Enterprise, transferring the exposure to two insider-linked buyers for $10 million while leaving $8 million unpaid for up to a year. The Nasdaq-listed company signed t...
- CryptoSlateScore: 40
Canaan counted paused Ethiopia mining as nearly 35% of its July operating hashrate total
Canaan's July mining update counted 4.96 exahashes per second from paused operations in Ethiopia inside 14.24 EH/s of global operating computing power. That means nearly 35% of the reported total came from a country where Canaan did not confirm how much capacity was hashing at month-end. Subtracting...
- CointelegraphScore: 40
Arthur Hayes takes CEO role at Flop Labs ahead of Q4 airdrop
Hayes revealed his new role as Flop Labs CEO and teased a “massive airdrop” from the AI inference protocol in the fourth quarter of 2026.
- CoinDeskScore: 40
OpenAI trails Anthropic as losses deepen and Altman pauses frontier AI training
Widening losses and intensifying competition coincide with a pause in frontier reinforcement-learning training as openai strengthens its safety controls.
- The BlockScore: 40
Scaramucci points to $100,000 bitcoin as ‘magic number’ for OG sellers, eyes AI-blockchain convergence
John Darsie, CEO of SALT and partner at SkyBridge, said bitcoin's changing holder base is part of a broader maturation process.
- CoinDeskScore: 40
Fed decision making comes into focus as bitcoin holds steady, bond yields surge
Your day-ahead look for Aug. 19, 2026
- CoinDeskScore: 40
Strengthen the Clarity Act
The American Bankers Association seeks to strengthen the Clarity Act, not kill it, argues Rob Nichols, president and CEO of the ABA.
- CoinDeskScore: 40
Crypto Long & Short: Where DeFi yield really comes from (and why it broke this spring)
In this week's Crypto Long & Short, Solstice Finance's David Plisek argues that most of the money lost in DeFi this spring wasn't taken by hackers but by yield strategies that quietly stopped working. Looking at April's $13 billion drawdown, he shows that a headline yield number reveals almost nothi...
- CointelegraphScore: 40
Crypto PAC notches primary wins, but loses $2M Florida race
A Fairshake spokesperson said that the PAC was “just getting started“ on its expenditures as part of efforts to fill US Congress with lawmakers friendly to the crypto industry.
- CryptoSlateScore: 40
Down 50% on crypto and burning $8 million in cash, this Nasdaq firm just pivoted to event robots to survive
AIxCrypto Holdings, a Nasdaq-listed company shifting from a digital-asset treasury toward robot rentals, plans an orderly exit from its crypto holdings after reporting $577,328 in cash at June 30. The company’s June 30 quarterly report listed 46 bitcoin, 616 ether, 6,659 solana, 1,308 BNB and smalle...
- CoinDeskScore: 35
Crypto campaign fund Fairshake faces $2 million setback in Florida primaries
In a race that drew criticism to crypto's leading political action committee for featuring fake headlines in ads, Fairshake's expensive effort fell short.
- CoinDeskScore: 30
Robot maker Unitree’s IPO surges 600%, outpacing crypto traders’ premarket bets
A Hyperliquid perp priced Unitree far above its IPO valuation before Shanghai trading began, but the robot maker’s first public trade still opened roughly 75% above crypto traders’ implied price.
- CoinDeskScore: 30
TikTok code includes peer-to-peer payments over messaging: Bloomberg
The feature, which follows earlier moves into financial transactions, is not yet being tested anywhere, a spokesperson said.
- CointelegraphScore: 30
200,000 fake AI ‘victims’ deployed to scam bait online fraudsters
Apate’s 200,000 fake AI ‘victims’ are so good at scam baiting, the company has a monthly KPI for how many F-bombs scammers drop at the infuriating bots.
- DecryptScore: 20
Moderna Stock Doubles on Cancer Breakthrough: Here’s What It Means
A Phase 3 win against the standard of care sent the biotech's shares up 131% and left short sellers down $4.8 billion.
- DecryptScore: 20
Trump Says AI Could Be 'Bigger Than the Internet' as He Pushes Light-Touch Regulation
The president said the U.S. is far ahead of China in artificial intelligence and defended the rapid construction of data centers and power plants needed to fuel the industry.