Key Points: Core Scientific reports $580.7M Q1 2025 profit after strategic pivot. Profit boosted by non-cash factors despite revenue drop. Strategic shift to AI infrastructure aids growth potential. Core Scientific reported a net profit of $580.7 million for the first quarter of 2025. The Nasdaq-listed Bitcoin mining company, despite a drop in revenue to $79.5 … Read more
Is your gaming PC capable of mining crypto? As of May 2025, Bitcoin mining is looking attractive again. With Bitcoin (BTC) trading around $95,000 and transaction fees hitting new highs after the 2024 halving, mining rewards — though smaller — are worth chasing. From home setups to industrial-scale farms, the question of whether Bitcoin mining … Read more
Zalando, European leader in online clothing, has successfully adopted generative artificial intelligence for the production of key images in its marketing campaigns. Thanks to this technology, the German company is able to quickly respond to fashion trends, often short-lived, that spread rapidly on social media. Innovation is not limited to speed: Zalando also generates digital … Read more
POPCAT price has soared over 15% today, driven by heavy smart money accumulation, as momentum builds toward the next key price target of $0.70. Popcat (POPCAT) is up over 15% in the past 24 hours, currently trading at $0.45. The surge appears to be driven by smart money accumulation, as POPCAT was the most purchased … Read more
Almost 60,000 Bitcoin addresses tied to LockBit’s ransomware infrastructure were leaked after hackers breached the group’s dark web affiliate panel. The leak included a MySQL database dump shared publicly online. It contained crypto-related information that could help blockchain analysts trace the group’s illicit financial flows. Ransomware is a type of malware used by malicious actors. … Read more
Emirates Petroleum Company (Emarat) has announced a partnership with Crypto.com to introduce cryptocurrency services at its service stations, pending regulatory approval. The collaboration will initially integrate Crypto.com services at 10 Emarat stations, with plans for further expansion across the company’s network of over 155 locations in the UAE. As part of this initiative, the two … Read more
COINOTAG News reports that in May, Binance’s net holdings showcased a significant uptick, reaching 12,475.807 BTC. This represents an increase of 6,393.577 BTC from April’s figure of 6,082.23 BTC. Given the current Bitcoin price of $99,000, this rise in holdings translates to an impressive value of approximately $6.32 billion. This substantial increase highlights Binance’s robust … Read more
David Bailey, CEO of crypto media company BTC Inc. and a close adviser to US President Donald Trump on digital assets, has reportedly raised $300 million to launch a new Bitcoin investment firm. The venture, named Nakamoto after the pseudonymous creator of Bitcoin, Satoshi Nakamoto, aims to become a publicly traded company focused on acquiring … Read more
Bitget has recently forged a strategic alliance with Avalanche aimed at bolstering the burgeoning Web3 ecosystem in India. This collaboration will focus on launching various initiatives in two key metropolitan areas: Delhi and Bangalore. With a minimum investment of $10 million, the partnership seeks to foster local engagement through community-centric programs, including small grants, scholarships, … Read more
EPT, the native token of the AI-powered Web3 platform Balance, surged as much as 72% today ahead of its upcoming listing on South Korea’s Bithumb exchange later in the day. According to CoinGecko data, Balance (EPT) printed what traders call a “god candle” on May 8, rallying to an intraday high of $0.012. This pushed … Read more