A year on, the rules aren’t quite ready for implementation, but we have a much clearer idea as to how the regulators are thinking about stablecoins and where they’re likely to land on those rules. In an emailed statement, Crypto Council for Innovation CEO Ji Hun Kim called the passage of the bill “a landmark […]
Core Scientific (CORZ), a bitcoin mining and digital infrastructure company, reported fourth-quarter revenue of $79.8 million for the period ended Dec. 31, compared with $94.93 million a year earlier. Consensus forecasts were for revenue of $122.08 million, according to LSEG data. The company posted a loss of $0.42 per share, versus expectations for a loss […]
Base’s promotion of creator coins, largely through its close alignment with NFT marketplace Zora, is drawing mounting criticism from community members who say the strategy is alienating projects that helped bootstrap the network’s early momentum. In recent months, the layer 2 Base network has become the epicenter for “creator coins,” which are tokens tied to […]