Microsoft pulled contractual commitments tied to Core Scientific’s AI partner, rattling investor confidence, though the tech giant remains a major revenue source. Bitcoin (BTC) miner Core Scientific saw its share price drop 10% on March 5 after Microsoft downsized contracts with CoreWeave, one of the firm’s business partners. Core Scientific and CoreWeave announced a $1.2
Co-founder of BR Capital and blockchain entrepreneur Vlad Martynov joins us for a special episode of the crypto.news show. In part 1, Martynov discusses his role within the Ethereum ecosystem, the future of venture capital in crypto, and how the current system of tokenomics is broken. Martynov also expands upon his role within the decentralized
Cardano Foundation has sealed a strategic partnership with Serviço Federal de Processamento de Dados, a state-owned information technology firm and the largest technology provider for the government of Brazil. Serviço Federal de Processamento de Dados, or SERPRO, is a leading software company. Meanwhile, the Swiss-based Cardano Foundation is a nonprofit organization supporting the development of
In a recent interview from prison with Tucker Carlson, Sam Bankman-Fried, the former CEO of the now-defunct cryptocurrency exchange FTX, shared his perspectives on the current state and future of the cryptocurrency industry. The conversation covered a broad range of topics but primarily focused on regulatory challenges, the evolution of crypto’s foundational promises, and the
Superstate, an on-chain asset management firm, has announced that it has registered its blockchain-based transfer agent, Superstate Services LLC, with the U.S. Securities and Exchange Commission. The registration of the digital transfer agent aligns with Superstate’s goal of using blockchain technology to advance the integration of tokenized securities. Ensuring compliance with existing regulatory frameworks while
Toncoin price continued its strong sell-off as concerns about its ecosystem and network growth persisted. Toncoin (TON) dropped to the crucial support level of $2.90 on Thursday, down 65% from its highest level in 2024. It has declined for six consecutive weeks and is now trading at its lowest level since March 11. Toncoin has
Senator Tim Scott of South Carolina, the leading Republican on the Senate Banking Committee, has introduced the Financial Integrity and Regulation Management Act. This legislation aims to prohibit financial regulators from considering reputational risks when supervising banks, a practice critics argue has led to the debanking of cryptocurrency companies, according to the Wall Street Journal.
World Liberty Financial, a Donald J. Trump-inspired project, has announced a partnership with Sui, a leading Layer 1 blockchain. As part of the collaboration, WLFI will integrate SUI (SUI) into its strategic token reserve, “Macro Strategy,” and explore new blockchain applications with the Sui ecosystem. Zak Folkman, co-founder of WLFI, emphasized Sui’s appeal as an
Pi Network has staged a strong recovery after falling to a low of $0.6156 following its mainnet launch in February. Pi Network (PI) was trading at $1.7650 on March 16, up by almost 190% from its lowest level on February 20. It has several catalysts that may push it higher in the coming months. First,
World Network, formerly Worldcoin and a blockchain project co-founded by OpenAI chief executive officer Sam Altman, has launched a new chat application aimed at connecting real humans. World Chat, the World Network (WLD) team announced on March 6, is a “mini app” that users can access to connect with and interact with real humans. The
