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Paraguayan authorities busted two illegal crypto mining facilities within a week in Alto Paraná Department, seizing a total of 35 mining machines. The mining farm raided on September 17 was illegally drawing electricity through lines without installed meters, and 10 ASIC mining machines were confiscated, with related fees and fines totaling approximately $30,000; another operation on September 12 seized 25 mining machines. Paraguay's Chamber of Deputies has passed a resolution requiring the National Electricity Administration (ANDE) to submit a report on electricity consumption, electricity rates, and regulatory conditions of the crypto mining industry.
According to TechCrunch, cybersecurity giant Palo Alto Networks announced the acquisition of AI Agent startup Console for $500 million in cash and stock. Founded in 2024, Console utilizes AI Agents to automate tasks such as password resets, application access provisioning, and daily IT troubleshooting, serving clients including Ramp, Flock Safety, and Scale AI. Palo Alto Networks plans to integrate Console into its AI-driven security platform, Cortex, enabling security teams to investigate and handle security alerts through natural language to achieve more automated enterprise security operations. This marks Palo Alto Networks' seventh acquisition completed this year. Previously, the company acquired Chronosphere at a $3.35 billion valuation and cybersecurity startup Koi for $400 million.