Crypto News

Core Scientific to quit Bitcoin mining by year-end as AI business surges

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The former Bitcoin mining heavyweight plans to become a pure-play data center provider in 2027, with mining now accounting for just 7.5% of quarterly revenue.

Published Date: 2026-11-06 00:19:49
Creator: Cointelegraph by Felix Ng
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American Bitcoin’s $126M profit masks mining pressure as rivals turn to AI

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The Eric Trump-backed miner reported $126 million in quarterly net income, largely driven by gains on its Bitcoin holdings, despite rising mining costs and shrinking margins.

Published Date: 2026-11-05 22:43:18
Creator: Cointelegraph by Jona Jaupi
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Asian crypto exchanges batten down the hatches as hacks surge: Asia Express

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Asian crypto exchanges are scrambling to tighten security on fears of a wave of potentially AI-assisted hacks, even as regional governments embrace tokenization and stablecoins.

Published Date: 2026-11-05 22:18:42
Creator: Cointelegraph by Andrew Fenton
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Crypto ally French Hill wins reelection but set to lose House chair

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Republican French Hill secured another term in Congress but will lose his leadership of the House Financial Services Committee when Democrats take control in January.

Published Date: 2026-11-05 21:39:19
Creator: Cointelegraph by Nate Kostar
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Binance, Deribit revoke SignalPlus API keys after fake Teams invite attack

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SignalPlus said attackers compromised an engineer’s computer in a breach that resulted in losses of less than $82,000, which the crypto trading platform pledged to reimburse in full.

Published Date: 2026-11-05 19:02:19
Creator: Cointelegraph by Nate Kostar
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Fed, OCC check US banks after Binance hack as experts flag security risks

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US regulators reportedly contacted banks following last week’s $6.3 billion Binance security hack, while experts raised concerns about transaction security and crypto risks.

Published Date: 2026-11-05 18:32:45
Creator: Cointelegraph by Jona Jaupi
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Europe’s largest asset manager Amundi tokenizes equity index fund on Ethereum

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The new share class offers blockchain-based exposure to an index tracking 600 companies across European markets.

Published Date: 2026-11-05 18:09:38
Creator: Cointelegraph by Nate Kostar
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Paraguay president resigns after collapse of Ueno digital bank

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Santiago Peña stepped down amid mounting scrutiny over his former ties to Ueno Bank’s parent company, as the lender’s collapse left millions of customers unable to access their funds.

Published Date: 2026-11-05 17:40:25
Creator: Cointelegraph by Nate Kostar
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Bitcoin crashes 6% to 7-week low as US stocks erase election gains

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Bitcoin saw sudden downside at the Wall Street open as stocks witnessed a snap sell-off, reversing post-election gains.

Published Date: 2026-11-05 16:48:41
Creator: Cointelegraph by William Suberg
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Blockchain is ‘perfect solution’ for AI agent trust, VeChain CEO says

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Sunny Lu said AI agents would need identity and reputation systems, making the case while promoting agent-building platform VeWorld.ai.

Published Date: 2026-11-05 13:34:57
Creator: Cointelegraph by Zoltan Vardai
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