Core Scientific is converting its cryptocurrency mining campus in Denton, Texas, into a $6.1 billion data center hub for artificial intelligence (AI) workloads, signaling a shift in its business strategy amid increasing demand for AI-driven computing. Core Scientific’s Denton Campus to Host $6.1 Billion AI Project Core Scientific’s (Nasdaq: CORZ) revised lease agreements and power […] Source: https://news.bitcoin.com/from-bitcoin-to-ai-core-scientifics-6-1-billion-denton-transformation/
Author: Crypto Superhero
Mastercard, JPMorgan integrate blockchain payment solutions
Mastercard Multi-Token Network is connecting with JPMorgan’s ambitious Kinexys Digital Payments for faster settlement. Source: https://cointelegraph.com/news/mastercard-jpmorgan-cross-border-payment-solution?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CFPB leaves crypto wallets out of ‘Larger Participant’ rule
The agency highlighted consumer and industry comments in a 259-page report detailing the final draft of the “Larger Participants” rule. Source: https://cointelegraph.com/news/cfpb-leaves-crypto-wallets-out-larger-participant-rule?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Flare Co-Founder: Decentralized Data Will Power ‘Future Value’ of Crypto Industry
Data powers the crypto industry—but the limitations of today’s oracles threaten its security, decentralization, and usability, according to Hugo Philion, Co-Founder of “blockchain for data” Flare. “There are really only very few things you can do without data,” Philion explained during his recent sitdown interview with Decrypt. “Data powers pretty much most of the value of the current use cases,…
What is the real potential of The Open Network (TON)?
In the latest Cointelegraph video, we break down the rise, recent challenges, and future potential of The Open Network (TON). Source: https://cointelegraph.com/news/real-potential-the-open-network-ton?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Dormant Bitcoin Whale Awakens: 500 BTC Moved After 8 Years, $5.7M Sent to Gemini
On Thursday, bitcoin (BTC) hit $98,367 per coin before sliding to $96,524. That same day, a dormant whale from 2016 stirred after eight years, spending a hefty 500 BTC, now valued at $48.26 million. Long-Term Holders Come out of the Woodwork Long-term holders (LTHs) are stepping into the spotlight as bitcoin’s price ascends. Glassnode’s latest […] Source: https://news.bitcoin.com/dormant-bitcoin-whale-awakens-500-btc-moved-after-8-years-5-7m-sent-to-gemini/
110M Doodles coffee cups appear at McDonald’s across the US: NFT Collector
The biggest NFT partnership in history between McDonalds, Doodles and Pharrell coincided with huge floor price increases for NFT collections. Source: https://cointelegraph.com/magazine/110m-doodles-coffee-cups-appear-mcdonalds-us-nft-collector/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MicroStrategy Hits All-Time High Price After Bitcoin Tops $98,000
MicroStrategy (MSTR) opened to yet another all-time high on Thursday as the price of Bitcoin itself surged to a fresh peak above $98,000. But MSTR shortly thereafter dove over 18% before recovering, with such volatility arriving as Wall Street adjusts to massive expectations for crypto stocks, fueled by Bitcoin’s meteoric post-election surge. Similar dips appeared to impact other Bitcoin-related stocks…
Project Liberty, Consensys, and Frequency Network Foundation Announce Major Partnership to Develop Internet Infrastructure that Prioritizes Digital Freedoms
The teams are working together to establish an internet built on the principles of user control, digital sovereignty, and community-driven governance. NEW YORK, Nov. 20, 2024 /PRNewswire/ — Today, Project Liberty, an organization helping people to take back control of their digital lives by reclaiming a voice, choice, and stake in a better internet; Consensys, the leading blockchain and Web3 software…
Sui Price Down Following Network’s First Major Outage
Sui, a layer-1 blockchain built by Mysten Labs, experienced its first major outage Thursday, as the network failed to process transactions for around two hours. The outage was caused by a “bug in transaction scheduling logic that caused validators to crash,” Sui’s official account explained on Twitter (aka X). A patch for the issue has since been rolled out, Sui…