The US Marshals Service confirmed “the matter is under investigation” following claims that millions in government-seized crypto was stolen. US authorities have confirmed that an investigation is underway into claims that the son of a federal contractor tasked with safeguarding seized digital assets stole more than $40 million in cryptocurrency. A spokesperson for the US Marshals Service confirmed to Cointelegraph that “the matter is under investigation” but declined to comment on details of the case. The investigation centers on social media claims that John Daghita, son of Command Services & Support (CMDSS) president Dean Daghita, gained unauthorized access to wallets managed under the federal asset protection program. Crypto sleuth ZachXBT disclosed on Friday that he had traced a wallet linked to Daghita holding about $23 million in crypto connected to as much as $90 million in assets believed to have been seized by the government in 2024 and 2025. ZachXBT later said that he had reported to authorities ano...
AI data center expansion is facing growing local opposition over power, infrastructure and costs, echoing the resistance that once slowed Bitcoin mining. For years, Bitcoin miners expanding across the United States learned that access to cheap power and industrial land did not guarantee community acceptance. Now, as AI hyperscalers and developers race to build power-dense data centers, they are encountering similar local resistance over electricity demand, infrastructure costs and long-term environmental impact, according to the latest Miner Mag newsletter. The parallels are becoming increasingly difficult to ignore. Bitcoin mining projects often promised job creation and a stronger local tax base, but those benefits did not always materialize, fueling opposition in several regions. AI data centers are now drawing many of the same concerns, particularly in states such as Texas, Georgia, Illinois and Mississippi, where residents and local officials are questioning the long-term costs of hosting energy-intensi...
Despite Bitcoin trading about 12% lower than a year ago, corporate accumulation shows no sign of slowing in 2026. Public companies are quietly expanding their Bitcoin treasuries in early 2026, with new disclosures this week showing continued accumulation despite largely flat prices. Nasdaq-listed American Bitcoin Corporation said on Tuesday that its Bitcoin (BTC) holdings rose to 5,843 BTC, an increase of 416 Bitcoin from prior levels. The company, co-founded by Eric Trump, said it has climbed to No. 18 among public Bitcoin treasury holders since its Nasdaq debut in September 2025, citing a BTC yield of 116% through Jan. 25, 2026, according to an X post. The performance metric tracks the percentage increase in Bitcoin exposure per share. Read more
Data shows February tends to be one of BTC’s best performing months, leading Bitcoin network economist Timothy Peterson to dub it the real “Uptober” event. Will history repeat? Bitcoin’s (BTC) monthly gains have been limited to just 2.2%, but February could mark a bullish shift. Since 2016, the week ending Feb. 21 has recorded the highest median return at 8.4%, with Bitcoin closing higher 60% of the time. Key takeaways: February has delivered a median 7% weekly BTC return historically, outperforming October’s seasonal strength. Read more