Bitcoin
Bitmain will provide 27,000 bitcoin mining servers to Core Scientific in exchange for $23.1 million in cash and $53.9 million in equity.
Business
A federal judge overseeing the former FTX CEO’s case has granted the DOJ’s motion to exclude testimony from seven expert witnesses.
Binance and its CEO filed a joint motion to dismiss the lawsuit, alleging the securities regulator overstepped its authority.
BTC and most major altcoins spent Thursday in the red, joining equities in a swoon as investors worried over the prospect of at least one more Federal Reserve rate hike.
The studio and blockchain tech startup is led by one of the co-creators of FarmVille.
The USDT issuer, which announced plans to wind down lending last year, showed an increase in lending in a quarterly report.
The Trustee for the defunct crypto exchange had delayed the deadline for repayments by one year.
DeFi
The foundation behind the Layer 2 blockchain said the sale of 116 million OP tokens was for “treasury management purposes.”
Regulation
As Sam Bankman-Fried prepares to have his day in court, a new suit filed Monday suggests that his parents encouraged – and even actively organized – fraudulent activity at FTX.
The startup, which creates a decentralized market for information, will use the capital to further the development of its protocol.