2025

Bitcoin miner Core Scientific posts $580M Q1 profit but misses revenue estimates 2025-05-08 at 06:02 By Cointelegraph by Stephen Katte Nasdaq-listed Bitcoin mining firm Core Scientific Inc. posted a net profit of $580 million with its first quarter results, but missed analyst revenue estimates after a drop in its mining profits. Core Scientific’s Q1 2025 […]

Arizona governor signs law for state to keep unclaimed crypto 2025-05-08 at 06:02 By Cointelegraph by Brayden Lindrea Arizona Governor Katie Hobbs has signed a bill into law allowing the US state to keep unclaimed crypto and establish a “Bitcoin Reserve Fund” that won’t use any taxpayer money or state funds. Hobbs signed House Bill

Elon Musk’s xAI to pull about half of its smog-belching turbines powering Colossus 2025-05-08 at 05:50 By Tobias Mann Newly completed substation will help bear the load Elon Musk’s xAI is removing about half of the temporary gas-turbine generators powering its Colossus AI datacenter over the next two months, according to the Memphis Chamber of

Binance founder CZ asked Trump to pardon money laundering conviction 2025-05-08 at 04:03 By Cointelegraph by Brayden Lindrea Binance founder and convicted felon Changpeng Zhao says that he applied for a pardon from US President Donald Trump shortly after denying reports that he was seeking one. Zhao, also known as CZ, said on a Farokh

PowerSchool paid thieves to delete stolen student, teacher data. Crooks may have lied 2025-05-08 at 03:47 By Iain Thomson Now individual school districts extorted by fiends An education tech provider that paid a ransom to prevent the leak of stolen student and teacher data is now watching its school district customers get individually extorted by

After that 2024 Windows fiasco, CrowdStrike has a plan – jobs cuts, leaning on AI 2025-05-08 at 02:35 By Thomas Claburn CEO: Neural net tech ‘flattens our hiring curve, helps us innovate’ CrowdStrike – the Texas antivirus slinger famous for crashing millions of Windows machines last year – plans to cut five percent of its

India ready to greenlight Starlink – as long as it lets New Delhi censor and spy 2025-05-08 at 02:23 By Simon Sharwood Officials demand device registration, location locking, logs of user activity India’s telecom regulator has signaled it’s ready to let Starlink and other satellite-broadband providers operate – but only if they agree to strict

Trump administration to rescind ‘overly complex’ Biden-era curbs on AI chips 2025-05-08 at 02:04 By Reuters “We will be replacing it with a much simpler rule that unleashes American innovation and ensures American AI dominance,” a Commerce Department spokesperson said. This article is an excerpt from Latest Technology News and Product Reviews | New York

Robinhood plans blockchain for US asset trading in Europe — Report 2025-05-08 at 01:02 By Cointelegraph by Christopher Tepedino Brokerage fintech Robinhood is reportedly developing a blockchain network that will enable retail investors in Europe to trade US securities. According to a May 7 Bloomberg report citing sources familiar with the matter, the move seeks

Falling DXY part of US financial system’s ‘long-term transition’ — Will Bitcoin continue to shine? 2025-05-08 at 01:02 By Cointelegraph by Marie Poteriaieva What to know: Lyn Alden says a weaker dollar is necessary for the US to stabilize its financial system. Bitcoin and gold are well-positioned to benefit from de-dollarization. Sovereign wealth funds and

Ex-SafeMoon CEO claims innocence, blames founder as trial begins 2025-05-08 at 01:02 By Cointelegraph by Turner Wright Braden John Karony, the former CEO of crypto firm SafeMoon, made an out-of-court statement claiming innocence as his criminal trial began in New York. In a May 6 X post after court proceedings had likely ended for the

Ethereum Pectra upgrade adds new features — How long before ETH price reacts? 2025-05-08 at 00:07 By Cointelegraph by Marcel Pechman Key takeaways: Reclaiming the $2,200 level remains the first price challenge for ETH.  ETH price could recover if the Pectra upgrade leads to a surge in DApp and Ethereum network activity.  Ethereum successfully implemented

Apple exec sends Google shares plunging as he calls AI the new search 2025-05-07 at 23:52 By Brandon Vigliarolo Eddy Cue tells DC court Safari will incorporate Anthropic, OpenAI and co An Apple executive’s backhanded endorsement of AI as a replacement for traditional internet searches has sent Google stock tumbling. … This article is an excerpt

$45 million stolen from Coinbase users in the last week — ZackXBT 2025-05-07 at 23:13 By Cointelegraph by Vince Quill Onchain sleuth and security analyst ZackXBT claims to have identified an additional $45 million in funds stolen from Coinbase users through social engineering scams in the past seven days alone. According to the onchain detective,

US Treasury Secretary expresses support for crypto bills at hearing 2025-05-07 at 23:13 By Cointelegraph by Turner Wright Speaking at a hearing, US Treasury Secretary Scott Bessent toed the party line in suggesting support for two crypto-related bills moving through Congress. Bessent addressed lawmakers at a May 7 hearing of the House Financial Services Committee,

Real ID scams target applicants as deadline hits — this is one red flag to watch out for 2025-05-07 at 22:34 By Marissa Matozzo Real ID, real scams. This article is an excerpt from Latest Technology News and Product Reviews | New York Post View Original Source

Google tries to greenwash massive AI energy consumption with another vague nuclear deal 2025-05-07 at 22:20 By Brandon Vigliarolo Chocolate Factory will provide early-stage capital to nuclear startup Elementl Google has signed a strategic agreement with nuclear project developer Elementl Power to support the early development of three potential reactor sites in the US. But

COLDRIVER using new malware to steal from Western targets — Google 2025-05-07 at 22:03 By Cointelegraph by Christopher Tepedino Threat group COLDRIVER is using new malware to steal documents from Western targets, according to a May 7 report from Google Threat Intelligence. The malware, called LOSTKEYS, shows the evolution of the group from credential phishing