Core Scientific shares climb 12% after CoreWeave expands GPU hosting deal
Core Scientific will add 112 megawatts for CoreWeave’s GPUs and projects $2 billion in additional revenue from the 12-year hosting agreement.
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Iranian Authorities Have Issued 1,000 Licenses for Cryptocurrency Mining
Iran’s Ministry of Industries, Mining and Trade has issued over 1,000 cryptocurrency mining licenses to domestic operations.According to a report published on Jan. 24 by Iran’s Banking and Economic System Reference Media (IBENA), a member of the Information and Communications Technology (ICT) Guild Organization’s blockchain commission, Amir Hossein Saeedi Nai, informed the public of the…
If Bitcoin Hits $8K, What Will Happen Next?
Bitcoin has been holding above $7K, but where will its next move take it? Many investors are eyeing $8K as a key level for continuing Bitcoin’s upward momentum and possibly pushing it into a bull market. However, a couple traders believe Bitcoin could easily make a reversal in the near future and plummet back down…
Michael Saylor claims the company will hold Bitcoin for ‘100 years’
Microstrategy CEO Michael Saylor said he will hold his company’s Bitcoin (BTC) for 100 years, and has no intention of selling it. On Aug 11, the business intelligence firm announced it had purchase of 21,454 BTC for $250 million. This investment is now worth more than $278 million, representing an 11% increase in two months. The…
Following Grayscale’s contribution, Kraken donates $100K to Coin Center
The crypto exchange cited Coin Center’s work in challenging the proposed FinCEN self-hosted wallet rule as well as the STABLE Act from the U.S. government. 964 Total views 6 Total shares Kraken has pledged $100,000 to Coin Center, a cryptocurrency advocacy group based in Washington D.C.In a blog from the crypto exchange today, Kraken said…
Japan is losing its place as the world’s gaming capital because of crypto hostility
A marked hostility toward new and emerging Web3 technologies like cryptocurrencies runs the risk of costing Japan its place as the world’s gaming capital. We’re getting dangerously close to the point of no return, and here’s why. Nobody can be sure where the country’s antagonism to crypto originated or why it still persists even after the…
Vitalik Buterin donates over $500K in animal-themed coins to charity
Vitalik Buterin urged the community to send the memecoin token funds they want to send him directly to charities.
Grin network hit with 51% attack while GRIN token remains resilient
An unknown mining group currently controls more than half of the Grin blockchain’s hashing power. 486 Total views 12 Total shares Grin, a privacy-focused cryptocurrency built on the Mimblewimble protocol, has just suffered a 51% attack on its blockchain.According to a Nov. 7 tweet from crypto mining group 2Miners, an unknown group accumulated 57.4% of…