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The Marked Chart Wire · Crypto
HotCore Scientific
Core Scientific plans to stop mining Bitcoin by the end of 2026 to focus on data centers. Mining currently represents 7.5 percent of its quarterly revenue.
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HotBinance Hack
Federal authorities reportedly contacted US banks following a $6.3 billion hack at Binance last week. Security experts warn of potential risks to transaction integrity and the crypto sector.
HotCrypto
The S&P 500 index declined 3.8 percent on Thursday, with AI-related equities leading the broader market lower. This sharp drop occurred one day after President Trump highlighted recent record highs in the stock market.
Binance Hack
Chainalysis reports that funds from the $6.3 billion Binance hack are being laundered via Chinese networks, with about $500 million moving through TRON. U.S. authorities attribute the attack to North Korea, which denies involvement.
Crypto
Samsung Pay will allow users to pay with USDC and buy the stablecoin using debit and credit cards, according to Stripe.
HotBitcoin
Bitcoin dropped 6 percent to its lowest level in seven weeks as US stocks reversed gains made after the election.
HotBitcoin
Bitcoin erased its earlier gains, falling nearly 5 percent, while $428 million in long positions were liquidated. The decline followed a drop in AI stocks and Democratic midterm wins that raised policy questions.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.