Companies
Core Scientific reports 347 million loss as AI hosting overtakes mining
Core Scientific reported a net loss of $347.2 million during the first quarter of 2026, a period defined by the decline in its Bitcoin mining operations and the…
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Economy
Law enforcement freezes $41 million following BG Wealth Sharing crypto Ponzi scheme collapse
Law enforcement agencies and digital asset exchange platforms frozen more than $41 million connected to BG Wealth Sharing, a cryptocurrency Ponzi scheme that allegedly…
Editor's Picks
The DAI Dilemma: Is It Truly Decentralized with Centralized Asset Collateral?
DAI was born as the bastion of financial decentralization on Ethereum, promising stability detached from the traditional banking system. However, the evolution toward the…
Editor's Picks
Can Tempo Differentiate Itself in an Ecosystem Dominated by Blockchain Giants?
The architecture of distributed networks is undergoing a paradigm shift toward deep technical specificity. The Tempo project proposes a Layer 1 infrastructure designed exclusively…
Companies
Coinbase cuts 14% of workforce to accelerate artificial intelligence integration
Coinbase announced on May 5, 2026, the reduction of 14% of its workforce, a measure that results in the layoff of approximately 700 employees…
Blockchain
Innovation City launches blockchain IDs for 1,000 firms in United Arab Emirates
Innovation City, the Ras Al Khaimah-based free zone specialized in artificial intelligence and Web3, activated a blockchain-based business identity system on May 5, 2026,…