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Core Scientific trades debt for equity, reduces $260M debt load

Core Scientific’s stock performance triggers mandatory conversion of $260 million in secured convertible notes due in 2029.

Why is Cardano (ADA) price up today?

Steady network growth and Charles Hoskinson’s network update are boosting Cardano’s prices at the start of this week.

Lionel Messi promotes Solana memecoin on Instagram

The soccer legend touted Watercoin, a memecoin purportedly focused on raising awareness and providing solutions for ecological issues.

VanEck and 21Shares send amended Ether ETF filings to SEC

Some experts are still speculating that the final approval of spot Ether exchange-traded funds could allow listing and trading as early as July.

Mt. Gox begins repayments in Bitcoin and Bitcoin Cash: Law Decoded

The Mt. Gox rehabilitation plan, approved in 2021, moves forward with BTC and BCH repayments, and North Carolina’s CBDC ban was vetoed by the governor.

Price analysis 7/8: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

Bitcoin is facing intense selling pressure, but the positive divergence on the RSI suggests a recovery is possible in the near term.

Khamzat Chimaev ‘wasn’t involved’ with SMASH memecoin — Manager

The UFC fighter’s manager, Majdi Shammas, said his client did not make the decision to promote the coin and the deal only allowed for a single promotional video.

Bitfarms announces new CEO, Riot launches campaign as corporate dispute escalates

The corporate battle for control of Bitfarms continues to evolve as the company appoints a new CEO, while its board continues to be contested by Riot Platforms.

Ampleforth introduces ‘low-volatility’ alternative to fiat stablecoins

Coinbase Ventures provided $1 million in funding for the new digital asset that tracks the Consumer Price Index, offsetting inflation.

Cynthia Lummis backs Ian Cain over crypto lawyer John Deaton for Senate

Pro-crypto Senator Cynthia Lummis cited Republican Ian Cain’s understanding of blockchain technology and the digital economy in his campaign to unseat Democrat Elizabeth Warren.

Bitcoin price seesaws near $56K as US stocks post fresh all-time highs

BTC price volatility keeps the pressure on traders with stocks leaving Bitcoin ever further behind.

Bitcoin ‘potentially reached’ local bottom, Bitfinex says

Bitfinex analysts pointed out several reasons suggesting that Bitcoin’s bloodbath should be over soon.

How Luma AI turns crypto memes into viral videos

The trending Luma AI Dream Machine, which turns stagnant memes into moving videos, has reached the crypto community and even inspired similar crypto-centric models.

Memecoins and AI are pushing Gamefi out of the spotlight

Industry figures disagree on whether GameFi is having a good year as other aspects of Web3 hog the spotlight.

German gov’t shifts additional 3K BTC in 1 hour

The latest transactions by the German government follow outcries from MPs to stop the sell-off and protect the country from the risks of the traditional financial system.

Bybit lists Hamster Kombat’s token for pre-market trading

The access to Hamster Kombat tokens on Bybit’s OTC pre-market platform allows users to secure HMSTR tokens ahead of the market and to lock in their purchases early.

Bitcoin weakness spurs $441M digital asset inflows

Digital asset investments see significant inflows of $441 million, driven by Bitcoin price weakness, Mt. Gox activity and a German government sell-off, according to a CoinShares report.

Pancake Bunny hacker siphons $2.9M of Ether through Tornado Cash

Three years after the Pancake Bunny flash loan attack, the hacker moved $3 million in ETH through Tornado Cash.

Tether CEO advocates for localized AI models to prevent hacks

Tether CEO Paolo Ardoino responded to OpenAI’s recent hack by claiming that localized AI models are the key to ensuring independence and privacy and preventing future hacks.

Japanese public firm Metaplanet buys another $2.5M of Bitcoin

After completing the latest purchase, Metaplanet holds 203,734 BTC bought at an average price of around $62,000 per coin.

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