Core Scientific drops 10% after $400 million convertible senior note offer

Memecoins briefly took the cryptocurrency market by storm in 2021 after steady attention and shilling from big-name influencers like Elon Musk and Mark Cuban helped propel coins like Dogecoin (DOGE) to 100x gains. As one should expect, in the crypto market, rapidly rising prices have a tendency to reverse course just as fast and many of…

The hotly-debated legislation is no surprise to hard money supporters, as Cameron Winklevoss saying that it would "plunder" future generations. 1152 Total views 90 Total shares The United States tax bill which could hurt Bitcoin (BTC) and crypto holders will “continue the plunder of future generations,” Cameron Winklevoss argues.According to new estimates, the proposed Infrastructure…

The U.S. Securities and Exchange Commission (SEC) has expanded its crackdown on Initial Coin Offerings (ICOs), putting “hundreds” of projects at risk, according to a recent joint investigation by Yahoo Finance and Decrypt Media published, Oct. 10.The authors of the report stressed that hundreds of crypto and blockchain startups that conducted token sales have eventually…

Crypto seems to thrive on remote work. Bitcoin (BTC) payment and wallet company BitPay has chosen to take its company's working atmosphere remote, permanently.A poll from within the company revealed: "85% of employees preferred to work from home and felt they were more productive," said a Sept. 15 statement. "This insight coupled with the continuation…

Jameson Lopp — a crypto industry figure and self-proclaimed professional cypherpunk — described Bitcoin (BTC) as the first step in a broader transition to an anarcho-capitalist society. Lopp’s comments were made in an interview on the Stephan Livera Podcast, published Dec. 29.According to Lopp, Bitcoin is an experiment that — if successful — could make…

Hyundai embraces the blockchain and crypto industry with three trademark registrations. 798 Total views 16 Total shares Hyundai is reportedly looking to launch a blockchain ecosystem through its Europe-based subsidiary, Hdac, and IT arm, Hyundai BS&C, after registering three business trademarks with the Korea Intellectual Property Office.According to Chosun, a local media outlet, Hyundai BS&C’s…

“To be a world leader, Canada needs to make sure cryptoasset experts and investors are telling us what policy they need or what policy they don’t need,” said Michelle Rempel Garner. 573 Total views 12 Total shares Michelle Rempel Garner, a member of the House of Commons of Canada, has introduced a bill proposing the…

89% of China’s blockchain firms have allegedly tried to create their own cryptocurrency, according to a senior exec at a local blockchain association. According to the state-run CCTV on Nov. 21, Yedong Zhu, the president of the Beijing Blockchain Technology Application Association (BBAA), revealed that the vast majority of blockchain industry in China is focused on…

Bluezelle's mainnet R2 file storage system aims to provide a decentralized alternative to IPFS. 51 Total views 4 Total shares Bluzelle, a decentralized storage network, has announced the release of its mainnet R2 file storage system designed to enhance the decentralization of nonfungible tokens (NFT) and their corresponding data.The solution was created amid the rise…