US Tech Giant Commits to Covering Its Own AI Energy Costs to Prevent Resident Electricity Bill Hikes
On Wednesday local time (March 5), Amazon, Google, Meta, Microsoft, OpenAI, Oracle and xAI signed a non-binding "User Protection Commitment." The companies pledged to "self-build, procure or purchase" the energy needed to operate their data centers, ensuring related costs are not passed on to ordinary consumers to prevent U.S. residential electricity prices from rising. It remains unclear how the White House will ensure corporate compliance with the commitment.
Former President Trump noted public concerns that data center construction could push up electricity prices, but he promised this would not occur. AI data center power demand has already outstripped existing supply in some U.S. regions. By 2028, data center electricity consumption is projected to make up 12% of total U.S. electricity use. According to the U.S. Energy Information Administration (EIA), residential electricity prices are expected to increase by 6% in 2025 and continue rising through 2027 and 2028.
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Mining Firm IREN Acquires Additional 50,000 NVIDIA B300 GPUs
On March 5, Bitcoin mining firm IREN Limited (NASDAQ: IREN) announced it has added 50,000 NVIDIA B300 GPUs, pushing its total GPU count to 150,000. The company now ranks among the world’s largest AI infrastructure providers.
Earlier, on February 27, IREN was added to the MSCI USA Index after U.S. markets closed—making it another Bitcoin-focused firm to join a mainstream U.S. stock index. Index inclusion typically signals passive fund inflows and greater visibility with institutional investors.
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$24M aEthUSDC Hack: User Claims Hack Involved Violent Threats
On March 5, approximately $24 million worth of aEthUSDC was stolen in a supply chain attack.
User @sillytuna claims the theft involved violence, weapons, kidnapping, and rape threats. They stated they were beaten, threatened with an axe to their limbs, but ultimately kept all their limbs.
BlockBeats Note: @sillytuna’s account of the incident is questionable. Per PeckShield’s monitoring this morning, the attack was actually a supply chain poisoning. The wallet linked to @sillytuna lost roughly $24 million in aEthUSDC. Around 20 million DAI is currently held in two attacker-controlled intermediate wallets and hasn’t been mixed yet. The attacker has begun bridging small amounts of funds to Arbitrum. @sillytuna has now launched a bounty: 10% of any recovered funds will be awarded as a reward.
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Crossmint, a cryptographic API development company, partners with Western Union for remittances
March 5 — Cryptocurrency API firm Crossmint has partnered with remittance giant Western Union to support the USD Digital Points Token (USDPT) stablecoin and its associated digital asset network. Western Union’s global network lets users convert digital dollars into local currency via its 360,000+ payout locations worldwide.
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Base positions the AI Agent and Robot as the next frontier of technology, calling on developers to join.
On March 5th, Virtuals Protocol—the Base Ecological AI Agent Platform—announced the launch of **Base Batches 003: Robotics**, a project led by Virtuals to advance AI agents in the robotics field.
Virtuals officials noted the team has been building infrastructure to let AI agents perform real-world work, earn compensation, and generate compound interest via an open marketplace. The next technological frontier? Embodied artificial intelligence. While robot technology is highly capable, it currently lacks a structural integration of identity, permissions, and payments to scale beyond closed deployments.
Moving forward, Base will enable on-chain builders to create robot agents, manage fleet operations, build robot data pipelines, or design workflows connecting robots to agents via ACP.
Applications for "Base Batches 003: Robotics" are now open. Successful participants will receive mentorship, up to $50,000 in funding, and a path to the San Francisco Demo Day.
Base officials ret
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Dan Romero: Working on a new project related to Proxy Payments and Stablecoins
Dan Romero said on March 5 that a new project focused on escrow payments and stablecoins is in development. “If you’re working on a related project and want to continue building on Tempo, please reach out to me.”
Dan Romero, founder of Farcaster, announced Feb. 9 that he’s joined Tempo — a stablecoin chain backed by Stripe and Paradigm.
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