Core Scientific trades debt for equity, reduces $260M debt load
Core Scientific’s stock performance triggers mandatory conversion of $260 million in secured convertible notes due in 2029.
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Telegram bots have been increasingly emerging as a new tool to get exposure to cryptocurrency markets and a number of related services.The cumulative crypto trading volume associated with Telegram bots exceeded $190 million as of early August 2023, according to a new report by Binance’s research arm Binance Research.Crypto activity facilitated through Telegram bots has…

SEC rumored to be reconsidering spot Ether ETF denial, say analysts
ETF analysts James Seyffart and Eric Balchunas said they had increased their odds of the SEC approving a spot Ether exchange-traded fund from 25% to 75%.

Pump.fun’s new DEX reaches $1B volume a week after launch
Memecoin launchpad Pump.fun’s new decentralized exchange (DEX), PumpSwap, has surpassed a cumulative trading volume of over $1 billion just one week after its launch, according to blockchain analytics platform Dune. On March 19, Pump.fun launched its own Solana DEX to create a “frictionless environment” for memecoin trading. Memecoins launched on Pump.fun previously needed to migrate

Australian racing groups probe firm allegedly involved in OneCoin
Phoenix Thoroughbreds may need to wait before racing again. 1733 Total views 10 Total shares Australian horse racing officials are investigating a group raising thoroughbreds after its alleged involvement with OneCoin.According to news reports, Racing NSW confirmed it is investigating Phoenix Thoroughbreds while a second group, Racing Victoria, is in contact with international officials regarding…

It’s now or never — The US has to prepare itself for digital currency
Welcome to the world of central bank digital currency, or CBDC, where big countries like China and small countries like the Bahamas are trying to mark their presence. It’s a world where 86% of the world’s central banks are trying to create digital currencies. Almost 60% of them are working on the concept and 14%…

SEC wins LBRY case, but the victory may have little impact in the greater cryptoverse
The United States Security Commission (SEC) won its case against blockchain-based file-sharing and payment network LBRY in district court in New Hampshire on Nov. 7 when that court decided to grant an SEC request for summary judgment filed in May. The case garnered lots of commentaries on its own and also in relation to the…

BTC must reclaim $106K before a 'new round of price discovery' — Traders
A crypto trader says a move back to $106,000 is needed for Bitcoin to confirm another uptrend. However, some think a dip to $85,000 is still on the table.

IRS doubles down on crypto staking taxes — Report
The US tax agency denied arguments from a second lawsuit brought by Joshua and Jessica Jarrett over staking rewards.