Author: John Smith

Core Scientific names former Morgan Stanley banker as new CFO after bankruptcy exit. Bitcoin (BTC) mining giant Core Scientific has appointed former investment banker Jim Nygaard as its new chief financial officer following the company’s emergence from Chapter 11 bankruptcy. Nygaard replaces Denise Sterling, who played a key role in leading the company through bankruptcy and helped raise over $1 billion, according to a Feb. 3 press release. With nearly 30 years of experience in investment banking, focusing on mergers and acquisitions, corporate finance, and capital raising, Nygaard has been a managing director at XMS Capital Partners since 2008. Before…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Chainlink prepares for a breakout, XYZVerse’s $9 million presale is gaining traction, sparking excitement in the altcoin market. As the cryptocurrency market shows signs of renewed activity, significant movements are emerging among altcoins. Chainlink appears poised for a crucial price surge, attracting attention from investors. At the same time, XYZVerse’s impressive $9 million presale is gathering momentum. These developments raise questions about the future of alternative cryptocurrencies and what opportunities may lie ahead. XYZ’s knockout journey XYZVerse isn’t…

Christian Li, the founder of the stablecoin digital bank Infini, left the hacker another message in a blockchain transaction, reinstating the white-hat agreement and 20% bounty of the stolen funds. Li transferred 0.1 ETH to the hacker’s address, who was responsible for stealing $49.5 million from Infini’s wallets. In the message accompanying the transaction, Christian acknowledged the hacker’s skill in identifying vulnerabilities in the neobank’s protocol and proposed a white-hat agreement, offering the hacker 20% of the stolen assets as a bounty. Furthermore, he assured the hacker that no legal action would be taken if they comply and return the…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The gaming industry has always been a frontier for technological innovation, often being the first to adopt new ways to advance user experience. Web3 gaming—games powered by blockchain technology designed to increase player engagement and participation by giving them full ownership of their in-game assets, an active say in how game worlds evolve, and confidence that the game they are playing is censorship-resistant and can never be taken down stands at the forefront of another evolution. In…

Crypto Quant CEO, Ki Young Ju says the crypto market is turning into a ‘weapon of the United States’ after Trump announced a U.S. crypto reserve is underway. In a recent post, Ju analyzed Trump’s latest announcement on Truth Terminal which fueled the rise of major tokens listed for the U.S. crypto reserve. He first made a note of Trump mentioning Bitcoin (BTC) and Ethereum (ETH) two hours after he shared his initial post about the national crypto reserve which only mentioned XRP (XRP), Solana (SOL) and Cardano (ADA). “Can I interpret his tweets this way? “BTC and ETH, show…

On-chain crypto sleuth ZachXBT just alerted the crypto community to the fact that XRP addresses activated by Chris Larsen still hold $7.18 billion worth of XRP. ZachXBT just posted in his personal Telegram investigations group, alerting his followers to the fact that Ripple (XRP) addresses activated by Ripple co-founder Chris Larsen still hold over 2.7 billion XRP, worth approximately $7.18 billion. According to ZachXBT, several of these addresses have been dormant for 6-7 years. ZachXBT’s reminder comes on the heels of the recent announcement by President Donald Trump that XRP, along with Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Cardano…

Why did Trump leave Bitcoin and Ethereum out of his crypto reserve at first? And what made him change course an hour later? And what does it mean for Bitcoin’s future as a national strategic asset? Trump’s crypto reserve shakes things up After months of speculation, President Donald Trump has officially announced the formation of a U.S. crypto strategic reserve. On March 2, he directed the President’s Working Group on Digital Assets to include Ripple (XRP), Solana (SOL), and Cardano (ADA) in the reserve.  A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI is set to surpass Solana and Polkadot in 2025, merging AI with blockchain for unmatched scalability and real-world impact. As the crypto market evolves, Lightchain AI is positioning itself to surpass Solana (SOL) and Polkadot (DOT) to lead the market in 2025. Currently priced at just $0.006 in its presale, Lightchain AI has already raised over $16.7 million, demonstrating strong investor confidence. The project’s unique blend of blockchain and artificial intelligence offers decentralized solutions that are not…

Argo Blockchain shares surged 16% after the company signed a non-binding term sheet for up to $40 million in senior secured convertible loans. Argo Blockchain shares surged over 15% after securing a funding deal of up to $40 million in senior secured convertible loans. In a March 3 press release, the company revealed it had signed a non-binding term sheet on Feb. 25, with an initial $15 million tranche and up to $25 million more over 18 months. With the funding, Argo Blockchain wants to upgrade its Bitcoin mining fleet in Quebec, Canada, bolster its balance sheet, and explore mergers…

Crypto czar David Sacks says he currently does not own any crypto holdings since stepping into his role. Sacks is currently undergoing a government ethics review. On March 3, Sacks responded to a post made by Venture Capital correspondent George Hammond’s regarding the public official’s non-existent crypto holdings. Sacks said he used to own direct crypto holdings in Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). “Correct. I sold all my cryptocurrency (including BTC, ETH, and SOL) prior to the start of the administration,” said Sacks in his post. While he has indeed sold his direct crypto holdings, Sacks is also…