Core Scientific to host more CoreWeave infrastructure, targets $8.7B revenue

Institutional cryptocurrency exchange San Francisco Open Exchange (SFOX) suggested that Ether (ETH) may not be an altcoin anymore, in its latest market report published on July 24.ETH is more correlated to BTC than other altsIn its post, SFOX suggested that “it may no longer be accurate to classify Ethereum as an ‘altcoin.’” The reason why…

Blockstream is essentially selling four-year claims on the proceeds from its Bitcoin mining operations in exchange for funding.

Bitcoin lingers lower following a "doubly strange" U.S. trading session, with BTC price support in question.

Traditional hedge funds are willing to increase their exposure in Bitcoin and other cryptocurrency markets over the next five years, a new survey has found.Intertrust Global — an international trust and corporate management company — polled the chief financial officers of 100 hedge funds globally about their intention to purchase crypto-assets. About 98% of them…

A report published by blockchain and AI investment firm Outlier Ventures has found a decline in developer activity of roughly 20% on average across 12 leading blockchain and cryptocurrency projects.In Outlier Ventures’ Blockchain Developer Report for the second quarter of 2020, the firm notes that development fell by half for top markets Bitcoin Cash (BCH),…

After launching the TON DNS, the TON Foundation will conduct an auction of the first “.ton” domain names on July 30. 491 Total views 6 Total shares The Open Network (TON) Foundation is the latest cryptocurrency company to upgrade its ecosystem with Ethereum Name Service (ENS)-like domain names.The TON Foundation on Thursday announced the launch…

Chinese internet giant Tencent will work with a local disruptor insurance company to develop new blockchain solutions, Bloomberg reported on April 30.Waterdrop, which forms part of China’s rapidly-expanding crowdfunded health insurance industry, will leverage Tencent’s existing presence and experience in the field to create as yet undefined blockchain tools.The move follows the closure of Waterdrop’s…

Chinese Bitcoin mining company Canaan reported slight improvements in some of its financial metrics in the first quarter of 2023. The progress, however, is still far behind where it was last year in this period.According to an unaudited report posted on its investor relations page, Canaan’s net loss was $84.4 million in Q1, lower than…