The loan would allow Core Scientific to keep its mining and hosting operations afloat while it restructures. A U.S. bankruptcy court has granted Bitcoin (BTC) miner Core Scientific interim approval to access a $37.5 million loan from existing creditors to fund the firm amid its liquidity issues. Core Scientific is one of the largest cryptocurrency...Continue Reading

Despite this growth, BNB Chain still has far less unique addresses than Bitcoin. Unique addresses on the Build and Build (BNB) Chain have now surpassed Ethereum, according to a Dec. 22 statement from the developer. BNB Chain has made significant strides in onboarding the next billion users into #Web3 in 2022. We want to thank...Continue Reading

Private rating agencies could work better and more quickly than regulators when it comes to reviewing businesses in the cryptocurrency industry. The last year has been an eventful one for the crypto space. The collapse of the Terra ecosystem and its TerraUSD (UST) algorithmic stablecoin saw $50 billion wiped off the market in a flash....Continue Reading

This year saw the realignment of the crypto industry toward greener, more energy-efficient blockchains. 2022 saw the continued advancement of green crypto projects as more industry companies focused on sustainability to reduce carbon emissions. A series of elemental forces drove the paradigm shift, including user demands for faster and more energy-efficient blockchains, growing climate change awareness...Continue Reading