Fourth Quarter 2024 Highlights Incurred net loss of $265.5 million due primarily to a $224.7 million non-cash mark-to-market adjustment to warrants and other contingent value right liabilities required by the significant year-over-year increase in our share price Reported operating loss of $39.8 million, a decrease of $43.7 million over fourth quarter 2023 Generated adjusted … [Read more...] about Core Scientific Announces Fiscal Fourth Quarter and Full Fiscal Year 2024 Results

Investors including Dewhales, Profluent Ventures back Aegis as it develops the first fully transparent yield-generating stablecoinTORTOLA, British Virgin Islands--(BUSINESS WIRE)--Aegis, a startup developing a bitcoin-backed stablecoin independent from the fiat banking system, has emerged from stealth with a $2 million fundraise led by on-chain DAO Dewhales and supported by … [Read more...] about Aegis, a Startup Developing Fiat-Independent Stablecoin, Raises $2M in Pre-Seed Round

New SDK Support for Mythos Token Strengthens Web3 Gaming on PolkadotDENVER--(BUSINESS WIRE)--Beamable Network, the decentralized infrastructure platform transforming how live games operate, today revealed native support coming to Mythos Chain, providing game developers with an out-of-the-box solution for integrating Mythos token functionality into their games. The announcement … [Read more...] about Beamable Expanding Web3 Gaming Capabilities with Mythos Chain Integration

SAN FRANCISCO--(BUSINESS WIRE)--#Blockchain--Metallicus, a leader in blockchain technology for financial institutions, has partnered with Payfinia, an instant payments service provider and U.S. Credit Union Service Organization (CUSO), to establish a framework for offering embedded instant payment capabilities coupled with cryptocurrency services to credit union members … [Read more...] about Payfinia and Metallicus Partner to Extend Instant Payments and Cryptocurrency to U.S. Credit Unions

Funding bolsters the firm’s balance sheet and accelerates buildout of Bitwise’s beta, alpha, and onchain solutions.SAN FRANCISCO--(BUSINESS WIRE)--Bitwise Asset Management, a premier crypto-specialist asset manager with over $12 billion in client assets, today announced the completion of a $70 million equity raise. The round was led by Electric Capital, with participation from … [Read more...] about Bitwise Announces New $70M Backing From Financial Institutions and Technology Investors

Service promotes creator-to-fan distribution, engaging fans as distributors, eliminating intermediariesTOKYO & BERKELEY, Calif.--(BUSINESS WIRE)--Intertrust, a global leader in trusted distributed computing, today announced its integration into Sony’s groundbreaking Web3 Fan Marketing Platform introduced by SNFT Inc. Launching in phases starting in February 2025, the platform … [Read more...] about Media Industry Majors Select Intertrust to Fuel Secure Fan Marketing Platform

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--The Internet Identity Workshop (IIW) is thrilled to announce its 40th event, scheduled for April 8-10, 2025, at the Computer History Museum in Mountain View, California. Since its inception in 2005 by Doc Searls, Kaliya Young, and Phil Windley, IIW has been the premier gathering for experts dedicated to designing and building identity … [Read more...] about Internet Identity Workshop Celebrates 40th Event: April 8-10, 2025, at the Computer History Museum

Agreement Secures 60 Acres of Land for Project Development, Expected to Unlock up to 187 MW of Sustainable Energy for AI and Bitcoin MiningALBANY, N.Y.--(BUSINESS WIRE)--$SLNH #SLNH--Soluna Holdings, Inc. (“SHI”, “Soluna”, or the “Company”), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today … [Read more...] about Soluna Land Purchase Secures Up to 187 MW of Sustainable Energy for AI and Bitcoin Mining at Project Rosa