Core Scientific Secures $500M JPMorgan Financing for Growth

Core Scientific, a Nasdaq-listed company that operates data centers for Bitcoin mining and AI workloads, announced it has secured a total of $1 billion in strategic financing, including $500 million from JPMorgan. In a Monday statement, Core Scientific CEO Adam Sullivan said with the backing of Morgan Stanley and JPMorgan, the firm is well equipped

Ethereum Whales Return to Profitability; Market at Critical Inflection

Ethereum is holding above the $2,000 level as selling pressure begins to build again, placing the market at a critical inflection point after a short-lived recovery. While ETH has managed to stabilize above this psychological threshold, recent price action suggests that momentum remains fragile, with sellers gradually regaining control following the latest push higher. Despite

Investigator Unmasks Fake X Accounts Driving Crypto Scams

Blockchain sleuth ZachXBT said on Monday he uncovered a coordinated network of accounts on X using exaggerated or fake war and geopolitical posts to lure users into crypto scams. The investigation identified more than 10 linked X accounts allegedly purchased with follower bases that pushed sensational content and scam links, according to an X thread

H100 to Buy Two Norwegian Bitcoin Firms, Will Hold ~3,500 BTC

Sweden-listed health-tech and Bitcoin (BTC) treasury company H100 Group has entered into a letter of intent (LOI) with the shareholders of privately-held Norwegian Bitcoin companies Moonshot and Never Say Die to acquire all shares of the target companies in exchange for newly issued H100 stock. The proposed transaction would be completed with newly issued H100

Bithumb Seeks to Reappoint CEO Amid Regulatory Scrutiny

Bithumb, South Korea’s second-largest cryptocurrency exchange by trading volume, is reportedly seeking to reappoint CEO Lee Jae-won despite recent alleged anti-money laundering failures and other controversies, according to the Korea Times. The exchange will convene its regular shareholders’ meeting on March 31, and a proposal to keep Lee in the top job will be put
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