Core Scientific posts $265M Q4 loss, unveils $1.2B data center plan

Judge approves final judgment in Telegram case; firm will return $1.2 billion to investors. 1494 Total views 18 Total shares On June 26, Judge Kevin Castel signed the final judgment in the SEC v. Telegram case, which will require Telegram pay back $1.2 billion to investors in their ICO for the failed Telegram Open Network. Cointelegraph…

The hack was allegedly caused by “a missing onlyMigrator check.” 99 Total views 3 Total shares

Ripple's case before the Securities and Exchange Commission is threatening to have major, well, ripple effects for the industry.On Jan. 29, Ripple Labs filed its response to the SEC's complaint. Ripple, as it has many times before, argued that XRP is not a security i.e. an investment in Ripple and is therefore not in the…

Bitcoin’s failure to rise above the 20-day EMA increases the risk of a downward breakdown for BTC and many altcoins.

The narrative surrounding Ether (ETH) of it fast transforming into an independent asset has been around for some time now. However, the last few months have seen this notion gain an increasing amount of mainstream traction, as is best highlighted by the fact that, since Oct. 1, ETH has showcased substantial northbound movement against Bitcoin…

New York-based blockchain company ConsenSys is reportedly seeking investors to raise $200 million, technology media outlet The Information reported on April 15.According to sources familiar with the matter, ConsenSys is trying to attract outside investors to raise $200 million. The company’s executives reportedly talked to investors in Hong Kong and South Korea, however as of…

CloudCoin announced the launch of its cloud-based digital currency July 15. With no blockchain, public ledger, accounts or encryption, CloudCoin claims it is the most private digital currency ever created.It uses technology adapted from the internet’s Domain Name Service (DNS) to enable secure email-to-email or email-to-wallet transactions. CloudCoin says that it eliminates systemic risk of…

Adoption started slow, but has ramped up with the passage of time. 1125 Total views 14 Total shares With the recent influx of mainstream financial players into the blockchain space, how long will it take for corporate allocation of Bitcoin to become the norm? Brian Estes, founder of investment firm Off The Chain Capital, thinks 10…

Bitcoin faces traditionally challenging months while Japan sees stocks sell-off unmatched in nearly 40 years.