adminCore Scientific Plans $3.3 Billion Debt Raise to Accelerate AI Pivot
In recent developments, core Scientific is seeking to raise $3.3 billion through a debt offering as it pivots toward AI-focused data centers. The move underscores a broader shift away from…
Coinbase shifts New York prediction markets fight to federal court
In recent developments, coinbase legal chief Paul Grewal says the company removed New York’s prediction markets lawsuit to federal court, setting up a sharper fight over CFTC authority and state…
‘Powerful move’ looms for Bitcoin price, says Bollinger Bands indicator
In recent developments, bitcoin’s technical indicators predicted a significant move ahead for BTC, but the price must first break resistance at $80,000. Looking closer, market participants highlight key drivers such…
SEC ‘on the cusp’ of onchain tokenized securities exemption: Atkins
In recent developments, sEC Chair Paul Atkins says the SEC is “on the cusp” of an innovation exemption to enable compliant onchain trading of tokenized securities. Looking closer, market participants…
North Korea tied to heists worth $578M in April after Kelp DAO exploit
In recent developments, dPRK-linked crypto theft topped $578M in April after the Kelp DAO exploit, as attacks continue to expand across protocols, companies and end users. Looking closer, market participants…
Tether Mints 2 Billion USDT on Ethereum in Three Days, Adding Fresh Supply to…
In recent developments, tether minted 2 billion USDT on the Ethereum network over three days, executing the issuance across multiple onchain batches from its treasury address. The minting adds to…
Uzbekistan creates state-backed crypto mining zone with tax breaks
In recent developments, uzbekistan has created a supervised crypto mining zone in Karakalpakstan, allowing foreign sales while requiring proceeds to flow through local bank accounts. Looking closer, market participants highlight…
Stratiphy reopens tax-free route to crypto ETNs for UK investors
In recent developments, stratiphy is reopening a tax-free route to crypto ETNs in the UK after HMRC’s ISA rule change left retail investors with little practical access. Looking closer, market…
Another DeFi protocol hacked as Sui-based Volo hit by $3.5M exploit
In recent developments, volo Protocol has confirmed a $3.5 million exploit affecting select vaults, adding that it has frozen assets and started fund recovery efforts amid ongoing investigation. Looking closer,…
Bitcoin ‘Bull Score’ hits six-month high as 2022 bear-market fears linger
In recent developments, bitcoin price metrics saw a broad recovery in April, but analysis warns that the 2022 bear-market breakdown could still repeat. Looking closer, market participants highlight key drivers…