Author: admin

In brief AI computing company CoreWeave was set to buy Bitcoin miner Core Scientific in a $9 billion all-stock deal. But Core Scientific shareholders rejected the proposed transaction on Thursday. Shares of CoreWeave dipped on the news; Core Scientific’s stock rose. Bitcoin miner Core Scientific shareholders have rejected a proposed $9 billion merger with AI computing company CoreWeave, Core Scientific announced on Friday, ending the potentially massive transaction in the high-power computing space. Core Scientific shareholders voted against the all-stock deal at a Thursday meeting. “Core Scientific, a leader in digital infrastructure for high-density colocation services and digital asset mining, today announced…

Read More

Key Takeaways OKX obtained its MiCA license in January 2025. The exchange is working with Standard Chartered to offer products and solutions to EU institutions. European banks, hedge funds, family offices, and insurance firms are increasingly looking to crypto. Europe’s crypto scene has struggled to “take off” in comparison to the U.S., but things could be looking different as the continent’s bloc’s regulations take effect. CCN spoke with the CEO of OKX Europe, Erald Ghoos, at this year’s European Blockchain Conference in Barcelona, who shared great optimism for the future of crypto in the EU. OKX in Europe In January…

Read More

Centralized cloud services are crumbling, and while it’s a major inconvenience for billions of web users, it’s music to the ears of decentralized purists. It’s not that they wish to revel in the downtime, but rather to use the opportunity to propose a more reliable web powered by web3 infra that doesn’t down tools without warning.It’s no coincidence that several of this week’s best performing crypto tokens in the form of Unibase (UB) and Humanity (H), plus one of its hottest presales, in ConstructKoin (CTK), are all in the decentralized infra game. All three projects are building blockchain-based solutions designed…

Read More

[London, United Kingdom | October 2025] Artificial Intelligence (AI) has become one of the world’s fastest-growing industries.As AI model training and computing power emerge as the “new oil” of the digital economy, the UK-registered digital asset platform FiveCrypto is leading a global revolution with its innovative AI Computing Contracts, enabling users worldwide to share in the profits of the AI economy.🤖 1. Why Train AI Models?AI models are the brains of intelligent systems.They learn from massive datasets to perform critical tasks like image recognition, voice synthesis, autonomous driving, and intelligent trading.However, training these models requires enormous amounts of computing power…

Read More

Amsterdam, Netherlands, October 30th, 2025, ChainwireThe crypto payment gateway invites new merchants to experience seamless and cost-free USDT transactions.NOWPayments, a non-custodial crypto payment gateway that also offers custody option has announced a limited-time offer that enables new partners to process USDT(TRC20) transactions with zero network fees*.The initiative aims to encourage businesses across industries – including iGaming, eCommerce, and high-risk sectors – to explore the efficiency of digital payments without added transaction costs. By removing network fees on USDT (TRC20), NOWPayments makes it easier for merchants to experience the convenience and reliability of crypto payments first-hand.“Our goal has always been to…

Read More

HANGZHOU, China, Oct. 30, 2025 /PRNewswire/ — Jiuzi Holdings, Inc. (NASDAQ: JZXN) (“Jiuzi” or the “Company”), today detailed its SOLV Foundation partnership — a leading Bitcoin finance platform managing over $2.8 billion in total value locked (TVL) — allocating up to $1 billion from its $1B digital asset plan to Bitcoin staking, yield products. This expands Jiuzi’s Bitcoin framework, creating a compliant DeFi gateway for global institutions, positioning the company as a compliant, scalable gateway for global institutions entering decentralized finance.Jiuzi will deploy up to 10,000 Bitcoin into SolvBTC.BNB, SOLV‘s flagship yield-bearing vault and the largest Bitcoin asset on BNB Chain. All assets are secured under institutional risk controls, real-time proof-of-reserves audited via Chainlink, and integrated with top DeFi protocols including Venus, Lista, and Pendle.Jiuzi selected SolvBTC.BNB for its unmatched scale, ecosystem dominance, and…

Read More

San Francisco, United States, October 30th, 2025, ChainwireHetu, a pioneer in decentralized science (DeSci) and financial infrastructure, today unveiled Hetu 3.0, an Ethereum-based AI-Native Monetary Stack that transforms verified intelligence into programmable capital — turning verified intelligence into liquid capital, bridging crypto liquidity with the AI economy, and introducing the first sovereign, society-owned AI currency.Ethereum-Based AI-Native Money StackBuilt directly on Ethereum, Hetu 3.0 introduces a tri-layered architecture that converts verified intelligence into liquid, composable capital.At its foundation lies $HETU, a fair-launched, deflationary 21 million-supply base asset anchoring liquidity and credit across the intelligence network — the Bitcoin of autonomous cognition.Flowing…

Read More

DUBAI, UAE, Oct. 30, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced that its staked SOL token, bbSOL, is now supported for institutional custody by Anchorage Digital, home to the first federally chartered crypto bank in the United States.This collaboration marks a significant step in positioning bbSOL as an institutional-grade liquid staking token (LST) within the Solana ecosystem, offering regulated entities a trusted pathway to participate in on-chain yield generation.bbSOL, Bybit’s exchange-backed staked SOL asset, enables users and institutions to access Solana staking rewards while maintaining liquidity and flexibility. With Anchorage Digital Bank’s secure custody…

Read More

This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bitcoin BTC$110,760.94 is down but not out following Federal Reserve Chairman Jerome Powell’s latest hawkish remarks, which challenged expectations around a December rate cut.That’s the message from the price chart, which shows that although BTC is facing selling pressure likely in response to Powell downplaying additional easing in December, prices still remain above the critical 200-day simple moving average (SMA) near $109,250. As of writing, BTC changed hands at $111,000, bouncing off the key average.Holding above the 200-day simple moving average (SMA), a long-term barometer of…

Read More

Stellar Lumens (XLM) gained 1.53% in the past 24 hours, rising from $0.3168 to $0.3177 as trading volume jumped 134% above its 30-day average. The controlled price action amid high volume points to institutional accumulation rather than retail-driven momentum.XLM slightly outperformed the broader crypto market by 1.23%, consolidating between $0.315 and $0.325 after rebounding from a $0.3162 low. Diminishing short-term volume suggests distribution has eased, with strong support forming above $0.32 ahead of the upcoming Protocol 24 upgrade.The surge in volume without sharp price swings indicates steady institutional buying, often a precursor to sustainable breakouts. Meanwhile, Stellar’s ecosystem continues to…

Read More