Ethereum Core Devs Greenlight EIP-7514: Impact On ETH Price
Ethereum Core Developers have officially approved EIP-7514 for inclusion in the upcoming Dencun upgrade which is slated for late 2023. This Ethereum
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Core
Celsius, Core Scientific (CORZ) Resolve Acrimonious Crypto Mining Dispute With $45M Deal
The settlement “resolves the protracted and expensive litigation with Core, and cuts off the significant costs that would have been incurred if the parties were to fully litigate their claims,” a filing by Celsius’ lawyers said, describing the deal – under which Celsius also acquires Cedarvale, an 85-acre Texas mining
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US Core Inflation Higher than Expected in August as CPI Continues Monthly Increase
Core inflation in August rose as the CPI showed price increases across several points, including energy, housing and airfares. Core inflation in August saw its largest monthly increase for the year as consumer prices rose on housing, energy, and many other items. According to the United States Department of Labor, the
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CPI Inflation Seen Spiking to 3.6% but Core Rate Slowing to 4.3%
Should it come to pass, tomorrow's decline in core CPI will be welcome to policymakers, but even a 4.3% inflation rate is more than double the Fed's 2% target. And central bankers will have a hard time claiming victory over inflation when consumers are watching prices at the pump advance
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Crypto Exchange Binance to Shut Down Payments Service Amid Refocus On Core Products
Binance Connect, which allowed merchants to accept payments in crypto, launched in March 2022 in an effort to help companies become “crypto-ready,” the exchange said back then. The service supported 50 cryptocurrencies and all major payment methods, including Visa and Mastercard. Source
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Core Scientific’s bankruptcy plan includes equity stake for Bitmain and Anchorage
Cryptocurrency custody firm Anchorage Digital and major mining manufacturer Bitmain could take equity stakes in Core Scientific as part of the firm’s restructuring plan.According to an Aug. 8 filing in the United States Bankruptcy Court for the Southern District of Texas, Bitmain plans to sell Core Scientific 27,000 S19j XP
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Core Scientific appoints Adam Sullivan as CEO amid restructuring process
Publicly traded Bitcoin (BTC) miner Core Scientific has appointed Adam Sullivan its CEO. Sullivan, who previously served as the company’s president, took the role on Aug. 4, while co-founder and former CEO Mike Levitt remains chairman of the board.Sullivan has over a decade of financial services experience, particularly in digital
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SushiSwap furthers cross-chain functionality with Core integration
Decentralized finance (DeFi) platform SushiSwap is set to integrate with the growing blockchain protocol, Core, tapping into the protocol’s unique consensus mechanism to provide a broad set of DeFi services to its cross-chain functionality.The integration is touted to increase the possibilities for developers building within the Core ecosystem, with decentralized
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CPI Inflation Falls to 3% in June, Core Rate Drops to 4.8%; Both Better Than Expected
The U.S. inflation rate as measured by the Consumer Price Index (CPI) slipped to 3.0% on a year-over-year basis in June from 4.0% in May, according to the Bureau of Labor Statistics (BLS) and versus expectations for a dip to 3.1%. On a monthly basis, the CPI was higher by
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Privacy is not the core feature of Bitcoin, KuCoin CEO says
Amid KuCoin exchange preparing to adopt mandatory Know Your Customer (KYC) checks, the company’s CEO argued that privacy is not the most important feature of Bitcoin (BTC).“When it comes to the purpose of Bitcoin creation, I think privacy is just one of its features,” KuCoin CEO Johnny Lyu told Cointelegraph
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