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

Arca launches Ethereum-based trading for new fund based on shares in U.S. Treasury securities. 1784 Total views 36 Total shares Per a July 6 announcement from the firm, Arca has begun trading for its new digitized security, the ArCoin.The ArCoin runs on the Ethereum blockchain and represents shares in Arca’s U.S. Treasury Fund, which is…

Bitcoin is likely not out of the woods until a definitive bottom formation has been and gone, multiple commentators say. 2472 Total views 5 Total shares Bitcoin (BTC) continued its bounce from its 2021 opening price on July 21, hitting $31,600 in what some fear is just a temporary reprieve from downside.BTC/USD 1-hour candle chart…

“It may have extrinsic value in the sense that people want it,” said Bailey. 1116 Total views 10 Total shares Bank of England Governor Andrew Bailey’s position on crypto apparently hasn’t changed despite the economic fallout of the pandemic in the United Kingdom.According to an Oct. 12 report from Reuters, Bailey spoke at a Bank…

Japanese blockchain development company Crypto Garage announced it had gained regulatory permission to trial its settlement system using Blockstream’s Liquid Sidechain, Cointelegraph Japan reported Jan. 21.Crypto Garage, which claimed to be the first such blockchain finance project to get the green light under the Japanese government’s regulatory sandbox scheme, will now conduct a one-year pilot…

July saw a drop in capital inflows from venture capitalists by 10.26% resulting in $700 million raised according to Cointelegraph Research VC Database. The last two months rejected the potential upward trend, as it seems that macroeconomic conditions revolving around the United States Federal Reserve rate hikes and geopolitical events are still having a more…

Analysts were split over whether today’s AI investments would pay off in the next decade.

DragonEx is introducing a new withdrawal method in an effort to save its business. 581 Total views 16 Total shares Cryptocurrency exchange DragonEx is introducing a stopgap measure to reintroduce withdrawals after some problems last month. According to an official announcement on Nov. 8, DragonEx is introducing a temporary solution to allow crypto withdrawals. The exchange…

The SEC alleges Kraken is operating an unregistered securities exchange.

Bitcoin (BTC) will suck in “all prosperity gains” in future and leave behind those who have no exposure as a result, a new prediction says.In a Twitter thread on July 8, investor Luke Broyles delivered a bold vision of how Bitcoin would become “society’s base money.”Investor tells would-be Bitcoin buyers: "Get off zero"What started off…