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X @BNB Chain | BNB Hack Dec 5-6 🇦🇪
BNB Chain· 2025-12-05 03:10
Intern’s loots from #BinanceBlockchainWeek 🤩@PancakeSwap @lista_dao @TrustWallet https://t.co/GQmmc5T9s2 ...
SoFi Aims to Raise $1.5 Billion to Fund Business Opportunities
PYMNTS.com· 2025-12-05 02:52
Core Viewpoint - SoFi Technologies is initiating a public offering of $1.5 billion in common stock to fund additional business opportunities and enhance its capital position Group 1: Public Offering Details - The company plans to grant the underwriter a 30-day option to purchase an additional 15% of the shares offered in the public offering [2] - The net proceeds from the offering will be used for general corporate purposes, including enhancing capital position, increasing optionality, and funding incremental growth [3] Group 2: Company Overview and Services - SoFi's app is utilized by over 12.6 million members for various financial activities, including borrowing, saving, and investing [4] - The technology platform Galileo is employed by FinTechs and financial institutions to manage financial solutions across 160 million global accounts [4] Group 3: Product Developments - Recent product pipeline developments include the launch of SoFi Pay, a blockchain-enabled remittance service, and plans to relaunch crypto trading within the SoFi app [5] - The company debuted SoFi Crypto, allowing customers to trade Bitcoin, Ethereum, and Solana, marking a significant step in integrating banking and cryptocurrency [6] - Future plans include a SoFi-branded stablecoin in 2026 and an AI-powered Cash Coach [5]
X @Cointelegraph
Cointelegraph· 2025-12-05 02:01
🔥 BUILDERS: N3XT launched the first blockchain-powered bank under Wyoming charter for instant, programmable B2B payments 24/7. https://t.co/rzjTybbflf ...
X @MEXC
MEXC· 2025-12-05 02:00
MEXC has published many learning articles on its official website to help users better understand the crypto space. We are also developing "Learn to earn" features in the future. Users can also find more educational content on our social media channels.Meanwhile, the MEXC Foundation, the impact-driven arm of MEXC Group, provides blockchain and Web3 courses and certificate programs, fostering education, innovation, and equal access to opportunities on a global scale. ...
X @Token Terminal 📊
Token Terminal 📊· 2025-12-05 01:05
RT Token Terminal 📊 (@tokenterminal)🟦🇪🇺 Base turning into the EURO chain? ...
Why a $10 Million Bet on Core Scientific Stock Could Pay Off After Its Recent Reset
The Motley Fool· 2025-12-05 00:01
Core Investment Insights - Kintayl Capital LP has initiated a new position in Core Scientific, acquiring 570,054 shares valued at approximately $10.2 million, representing 6.3% of Kintayl's $162.2 million in reportable U.S. equity assets [2][9] - Core Scientific's shares are currently priced at $17.08, reflecting a 2% decline over the past year, underperforming the S&P 500, which has increased nearly 13% in the same period [2][3] Company Overview - Core Scientific is a leading provider of blockchain infrastructure and digital asset mining services, operating extensive facilities across North America [5] - The company utilizes proprietary software and hardware optimization to deliver high-performance mining and hosting solutions, focusing on institutional customers [5] Financial Performance - Core Scientific reported a total revenue of $334.2 million for the trailing twelve months (TTM), with a net income loss of $768.3 million [3] - Despite a 15% year-over-year revenue decline, gross profit improved modestly in the third quarter, indicating some resilience in its financial performance [6] Strategic Focus - The company is undergoing a strategic shift towards high-density colocation services, which have shown growth from $10.3 million to $15 million in the latest quarter [10] - Core Scientific's business model includes generating revenue from mining digital currencies, transaction fees, and offering hosting solutions to institutional clients [7] Market Position and Future Outlook - The new stake by Kintayl Capital suggests a view of Core Scientific as an infrastructure play rather than merely a crypto trade, indicating a fundamental transition in the company's operations [9] - The pending all-stock acquisition by CoreWeave introduces both potential and uncertainty regarding valuation and long-term direction [8]
Governments Are Now Adopting Hedera Hashgraph HBAR (THIS IS HUGE!)
NCashOfficial - Daily Crypto & Finance News· 2025-12-04 23:13
Governments around the world are tapping into Hyera to utilize the tech behind the Hideera network and this is a big deal especially for HAR. So if you hold HAR then this is something that you need to be paying attention to. Now before we really dive on into that um obviously the elephant in the room which is of course price action. We need to talk about that as well. The main thing that I have been watching, especially on the lower time frame structure. So, we're talking about the 4 hour here. I'm watching ...