AI
Core Scientific revenue doubles in Q2 as AI colocation expansion accelerates
Core Scientific reported strong second-quarter revenue growth as AI colocation became its largest business, though a non-cash accounting charge resulted in a $1.15 billion net…
Infrastructure
Ethereum startup EthSystems bets privacy is key to getting banks on public blockchains
EthSystems, which spun out of the Ethereum Foundation earlier this month, is focused on building privacy infrastructure for banks and other financial institutions. Read Full…
Institutional
Bank of Russia Creates New Rules For Crypto Trading
Bitcoin Magazine Bank of Russia Creates New Rules For Crypto Trading Russia’s central bank on Monday published draft regulations for the trading of digital currencies. …
Institutional
Russia outlines new digital depository rules ahead of fall crypto framework roll-out
The central bank’s draft rules require digital asset platforms to hold up to $2.8 million in liquid capital as a sweeping regulatory framework looms. Read…
DeFi
Hyperliquid is taking crypto perps deep into DeFi’s ‘money LEGO’ land
Hyperliquid is capitalizing on the volume and depth of its order book by giving firms the option to compose with the platform’s shared liquidity, rather…
Markets
Crypto holders face a July 29 Maine deadline as state manual conflicts on when abandoned funds trigger seizure
The five-year trigger is clear, but the first applicable report cycle and transition treatment are not. The post Crypto holders face a July 29 Maine…
DeFi
Zcash seals $1.7 billion shielded pool as Ironwood upgrade activates
The upgrade retires Orchard, where a counterfeiting bug sat undetected for four years. Every coin inside now has to leave through a gate that caps…
Infrastructure
Morgan Stanley debuts ether, solana exchange-traded products after bitcoin fund success
The asset manager is offering low-cost ETH and SOL exchange-traded products after its bitcoin fund topped $381 million in assets. Read Full Story at Coindesk.com…