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news-imageFebruary 27, 2025

Core Scientific Unveils $1.2B AI & Mining Hub After Reporting Q4 Losses

TL;DR Q4 Setback, Bold Expansion: Despite a $265 million Q4 loss driven by non-cash adjustments, Core Scientific announces a $1.2 billion expansion of its data center operations. Strategic AI & HPC Focus: The new Denton, Texas facility, in collaboration with CoreWeave, is poised to become one of North America's largest GPU supercomputers.
Publisher: Crypto Economy
Sentiment: Positive
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cover-imageCryptoSlate
February 27, 2025

UK lawmakers advance bill to strengthen crypto seizure powers

UK legislators are advancing a new bill designed to enhance law enforcement's ability to confiscate crypto linked to criminal activities. The Crime and Policing Bill is currently being reviewed in the House of Commons and is at its second reading stage.

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Negative
cover-imageCryptoSlate
February 27, 2025

Russia delays digital ruble CBDC launch, extends pilot phase indefinitely

Russia's central bank has postponed the full-scale launch of its digital ruble project indefinitely, according to a report from local media outlet TASS. Russia's central bank began testing its digital currency in August 2023 with a limited pilot program.

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Negative
cover-imageUToday
February 27, 2025

Binance Issues Crucial Warning to Crypto Community, Here's Why

Major crypto exchange Binance has issued an urgent warning to the crypto community, urging users to remain cautious in the face of mounting security risks. The alert comes as phishing scams, fraudulent schemes and other activities targeting crypto holders continue to surge.

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Negative
cover-imageTrustnodes
February 27, 2025

Crypto Stocks Crash 50%

From $420 in November to $260 now for MSTR is not even the worst for crypto stocks as we near the end of a very red quarter.

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Neutral
cover-imageCryptonews
February 27, 2025

Pakistan Aims to Regulate Crypto with New Advisory Council: Report

Pakistan plans to establish a National Crypto Council to regulate digital assets, marking a significant policy shift toward aligning with global financial standards and fostering a secure digital economy. The post Pakistan Aims to Regulate Crypto with New Advisory Council: Report appeared first on Cryptonews.

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Positive
cover-imageCoinPedia
February 27, 2025

Bybit Gets Green Light to Launch Crypto Platform in UAE

Bybit, one of the biggest crypto exchanges, is getting closer to securing a full operational license in the United Arab Emirates (UAE). This approval comes at a crucial time, as the exchange recently suffered a massive $1.4 billion hack.

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Negative
cover-imageCoingape
February 27, 2025

House Democrats To Introduce MEME Act To Oppose TRUMP-Like Meme Coins

House Democrats are set to introduce the Modern Emoluments and Malfeasance Enforcement (MEME) Act, a direct move against meme coins like TRUMP and MELANIA. The proposed MEME Act would prohibit politicians and their families from creating or promoting such coins.

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Negative
cover-imageAltcoin Buzz
February 27, 2025

US Senator Pushes Bill to Combat Crypto ATM Scams

Amidst ongoing conversations about crypto scams and hacks, a U.S. senator has proposed a bill to tackle crypto ATM fraud. Senator Dick Durbin of Illinois, while speaking at the Senate, noted that senior citizens had become prime targets of crypto scams.

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Positive
cover-imageCoingape
February 27, 2025

Why These 4 Altcoins are Trending Today?

While the broader crypto market faces major turbulence, some cryptos are defying the market trend. Although it is common for the market to witness declines and unfavorable trends, some beat the odds due to investors' support, a strong utility, and other specific reasons.

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Positive
cover-imageCryptonews
February 27, 2025

Merchants Report Increase in Crypto Payments for Luxury Goods

The use of crypto payments in luxury retail is increasing, with merchants accepting Bitcoin and altcoins for high-end purchases. This trend signals a shift in consumer behavior as digital assets integrate into premium commerce. The post Merchants Report Increase in Crypto Payments for Luxury Goods appeared first on Cryptonews.

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Positive
cover-imageAltcoin Buzz
February 27, 2025

Fluence Launches DePIN Pledge to Boost Web3 Adoption

Backed by major players like Infura, Consensys, IoTeX, Polygon, Helium, and Blockscout, the pledge takes a bold step. Despite Web3's promise of decentralization, many projects still rely on big cloud providers, creating a bottleneck that stifles innovation.

general-iconGeneral
Positive
cover-imageCrypto news
February 27, 2025

Bybit granted in-principal approval to operate in UAE

Bybit has been granted an in-principle approval from the Securities & Commodities Authority of the UAE and is on track to receive the fully operational license. On Feb.

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