Core Scientific has entered into a significant 12-year agreement with CoreWeave, an AI hyperscaler backed by Nvidia, to provide approximately 200 megawatts (MW) of infrastructure for high-performance computing (HPC) services. This strategic move is expected to generate over $3.5 billion in total cumulative revenue for Core Scientific during the initial contract term, with an estimated The post Core Scientific inks $3.5B AI deal with CoreWeave to diversify beyond bitcoin mining appeared first on CryptoSlate.

Weidong “Bill” Guan, the Chief Financial Officer of The Epoch Times, has been arrested and charged with orchestrating a $67 million international money laundering scheme. Federal prosecutors allege that Guan, 61, led a complex operation involving the use of digital assets to purchase crime proceeds, including fraudulently obtained unemployment benefits, which were then laundered through The post Epoch Times CFO charged in multi-million dollar crypto laundering plot appeared first on CryptoSlate.

A user known as “来日方长” (The Future is Long) has reported a significant security breach involving their OKX account, resulting in a loss exceeding $2 million. According to WuBlockchain, the user detailed that scammers had obtained all of his personal information through Telegram. Utilizing this data, the attackers accessed his email account and initiated a The post OKX user claims to have lost $2 million in deep fake AI scam appeared first on CryptoSlate.

Trading on the New York Stock Exchange (NYSE) was abruptly halted today after Berkshire Hathaway’s Class A shares experienced a dramatic 99.97% drop in value. The equity last traded at $185.10, down from $627,214.90. The halt, coded as M, was triggered due to volatility, and the cause of the sudden decline remains unclear. In a The post Chainlink could solve today’s NYSE stock market glitch as Berkshire Hathaway appears down 99% appeared first on CryptoSlate.

Hardware hacker Joe Grand and his team successfully recovered $3 million worth of Bitcoin from a software wallet that had been locked since 2013. The project, which Grand described as unlike anything he had worked on, involved reverse engineering a password generator to unlock the wallet. Grand, known for his expertise in hardware hacking, collaborated The post Hackers recover $3 million Bitcoin from 2013 wallet through ingenious password crack appeared first on CryptoSlate.