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Core Scientific reports $580M q1 profit despite falling short on revenue estimates

News Marton K. Marton K. -
Nasdaq-listed Bitcoin mining company Core Scientific Inc. reported a net profit of $580 million in its first quarter results; however, it missed revenue projections...

China’s Bitmain Receives Approval for US Bitcoin Mining Operations

News Vaibhav P. Vaibhav P. -
After China introduced strict anti-crypto regulations in recent months, the crackdown forced not only crypto exchange operators but also miners to leave the country....

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Stablecoin Issuers Replace 40% of China’s Lost US Treasury Demand

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As foreign official holdings retreat, crypto firms are identified...

SBI Proposes Stablecoin QR Payments for Japan-Korea Travel

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SBI DigiTrust, alongside NICE Information & Telecommunication and DSRV,...

SEC Targets Custody Hurdle for Advisers Providing Crypto Services

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Certain crypto assets have remained off-limits for some clients...

HSBC Redcoin to Launch With Transfers and Payments in Hong Kong

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Person-to-person transfers and merchant payments will be prioritized initially...

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NEAR Co-Founder Unveils Ideas for AI Pets, Private Trading and Cross-Chain Payments

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Thirteen application concepts encompassing AI-driven pets, private trading, and...

Stablecoin Issuers Replace 40% of China’s Lost US Treasury Demand

News 0
As foreign official holdings retreat, crypto firms are identified...

SBI Proposes Stablecoin QR Payments for Japan-Korea Travel

News 0
SBI DigiTrust, alongside NICE Information & Telecommunication and DSRV,...

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