Core Scientific posts $347M loss as AI hosting overtakes Bitcoin mining

In recent developments, core Scientific mined 279 BTC in the quarter, down 45% from a year earlier, while its colocation business became its top revenue source. Looking closer, market participants…

Core Scientific Buys Polaris Bitcoin Mine for $421M Oklahoma AI Power Expansion

In recent developments, core Scientific (NASDAQ: CORZ) is expanding its Oklahoma footprint through a $421 million acquisition of a neighboring bitcoin mining operation, as the company races to assemble gigawatt-scale…

Core 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…

Core Scientific Reveals $3.3 Billion Junk-Bond Sale to Pivot Further from Bit…

In recent developments, core Scientific, a Bitcoin miner turned data center operator, said that it plans to offer $3.3 billion worth of speculative-grade debt. Looking closer, market participants highlight key…

PI steadies at $0.1770 amid core team’s mainnet upgrade plans

In recent developments, key takeaways  Pi Network’s PI token holds steady at $0.1730, up 4.5% from the previous day.  The Pi Core Team’s upgrade to enable smart contracts, with a…

JPMorgan Adds $500M to Core Scientific Financing, Total Hits $1B

In recent developments, core Scientific disclosed that it has expanded its credit facility to $1 billion after securing an additional $500 million commitment from JPMorgan, strengthening its push into data…

Ripple Expands Into Core Banking Through DXC’s $5 Trillion Platform

In recent developments, ripple is pushing blockchain deeper into traditional finance through a partnership with DXC Technology, embedding crypto custody and payments into a core banking platform that underpins trillions…

Bitcoin Core v30 bug risks fund loss during legacy wallet upgrades

In recent developments, bitcoin Core urged users of versions 30.0 and 30.1 not to migrate legacy wallets after discovering a bug that can delete all files in a wallet directory…

Bitcoin Core wins rare praise as independent audit finds no serious flaws

In recent developments, bitcoin Core’s first independent audit found no serious vulnerabilities, with reviewers praising the project’s security, testing depth and overall code maturity. Looking closer, market participants highlight key…

Bitcoin Core wins rare praise as independent audit finds no serious flaws

In recent developments, bitcoin Core’s first independent audit found no serious vulnerabilities, with reviewers praising the project’s security, testing depth and overall code maturity. Looking closer, market participants highlight key…