Bitcoin mining firm Core Scientific recorded significant improvements in its financial performance for the first quarter since emerging from bankruptcy. In its latest earnings report, the company reported total revenue of $179.3 million in the first quarter of 2024,...
Polyhedra Network has announced the launch of Expander, an open-source zk-proof system that claims to be the fastest available globally. Zero-knowledge (zK) systems are among the numerous scaling solutions available for blockchain networks especially Ethereum. They stand out from...
Bitcoin Depot, a United States-based Bitcoin ATM operator, has announced its retail collaboration with Fareway Stores, a growing grocery store with over 130 locations across the Midwestern United States. In a press release issued on Wednesday, April 17, Bitcoin...
Standard Chartered's venture capital arm, SC Ventures, has joined forces with Japanese financial conglomerate SBI Holdings to establish a $100 million digital asset investment fund in the United Arab Emirates (UAE). The collaboration, as revealed in a press release...
South Korean telecommunications giant SK Telecom has joined forces with blockchain firm Aptos on its ongoing project with Atomrigs Lab to develop a web3 wallet service. The company announced this development in an official statement via a LinkedIn post...
Canadian bitcoin mining company, Hut 8 Mining Corp., has issued an update on its merger with the U.S. Bitcoin Mining Corporation (USBTC). In a press release published on November 6, 2023, the company announced that it had filed amendments...
In a surprising turn of events, Bybit has announced the suspension of its services in the United Kingdom (UK). Starting from October 1, 2023, the exchange will cease onboarding new users residing in the UK. Existing users in the...
Hong Kong-based crypto group HashKey has introduced its first secondary crypto market fund. The fund, launched on September 1, 2023, is set to focus on investments in altcoins. Jupiter Zheng, the portfolio manager at HashKey Capital, the group's investment...
Binance has officially announced its plans to gradually discontinue support for Binance US Dollar stablecoin (BUSD). The move confirms prior speculations that the exchange would do so following Paxos's announcement to halt the issuance and redemption of the stablecoin....
Binance has introduced a new product for its users across Latin America to seamlessly transfer their cryptocurrency holdings into their bank accounts. The newly launched service, Send Cash, allows crypto transfers from nine countries in the region, including Argentina,...
