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Core Scientific Projects $10B Revenue from AI Partnership with CoreWeave
Core Scientific reported a $265.5 million net loss in Q4 2024, primarily due to warrant adjustments.
The company announced a $1.2 billion data center expansion...
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Bank of America CEO Open to Launching Stablecoin with Regulatory Approval
Bank of America signals readiness to enter stablecoin market pending regulatory approval.
CEO Brian Moynihan distinguishes between blockchain, stablecoins, and cryptocurrencies in strategic vision.
Proposed stablecoin...
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MARA Mining Reports Record Q4 Revenue Despite Bitcoin Halving Challenges
MARA Holdings achieved Q4 2024 revenue of $214.4 million, representing a 37% year-over-year increase despite Bitcoin halving challenges.
Net income surged 248% to $528.3 million,...
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AI Cloud Company CoreWeave Plans $4 Billion IPO Next Week
CoreWeave plans to raise $4 billion through a U.S. public listing, targeting a valuation exceeding $35 billion.
The AI infrastructure company's IPO filing is expected...
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Bitcoin ETF Sees Record $420 Million Single-Day Outflow as Market Slumps
BlackRock's Bitcoin ETF experienced its largest single-day outflow of $420 million.
The fund lost 5,000 BTC on February 26, surpassing its previous record loss from...
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Lawmakers Push Back Timeline for Crypto Legislation to Year-End
U.S. lawmakers extend timeline for passing comprehensive crypto legislation to end of 2025, stepping back from earlier aggressive schedules.
Senator Lummis acknowledges many colleagues still...
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Senate Banking Committee Prioritizes Stablecoin Regulation in Crypto Framework Hearing
The Senate Banking Committee's digital assets subcommittee held its first hearing on crypto regulatory frameworks, with stablecoins taking priority.
Former CFTC Chair Timothy Massad advised...
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Bitcoin Hits 3-Month Low Amid ETF Outflows and Trump Tariff Concerns
Bitcoin reached a three-month low of $38,256, matching levels last seen in November 2023.
Spot Bitcoin ETF outflows contributed significantly to the downward pressure.
New tariff...
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Ethereum Foundation Nears 70K ETH Staking Goal After Latest $92M Batch
The Ethereum Foundation staked over 45,000 ETH, worth more than $92 million, on Friday.This action brings its total staked...
Dmail Network Shuts Down After Five-Year Decentralized Run
Decentralized email platform Dmail Network will officially begin ceasing its services on May 15 after five years.The team attributes...
Bank of Canada Study: Aave V3 Had Zero Bad Loans in 2024
A Bank of Canada staff analysis found Aave V3 had zero non-performing loans in 2024, protecting lenders.The overcollateralized, automated...
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Tether and Circle Vie for Stablecoin Dominance as Regulations Loom
The stablecoin market is entering a third phase of...
Markets Dip 1.5% on Hawkish Fed Fears
The total cryptocurrency market cap dropped 1.5% to $2.3...
US Treasury Praises Bitcoin’s Resilience, Critiques Senate Shutdown
U.S. Treasury Secretary Scott Bessent marked Bitcoin’s 17th anniversary,...
