JPMorgan Adds $500M to Core Scientific Financing, Total Hits $1B

Core Scientific disclosed that it has expanded its credit facility to $1 billion after securing an additional $500 million commitment from JPMorgan, strengthening its push into data center and artificial intelligence (AI) infrastructure development. Core Scientific Targets AI Colocation Growth With $1B Facility The Austin, Texas-based digital infrastructure firm said on Monday that the new…

Read More

How the $25M Resolv USR Minting Heist Happened

Resolv managed to burn around 9 million USR held by the attacker, but roughly $0.5 million in redemptions had already been processed. USR, an overcollateralized stablecoin natively backed by ETH and maintained by the Resolv protocol, lost its peg on March 22 after an attacker minted millions of unbacked tokens and reportedly extracted at…

Read More

Matt Goodwin: The British public demands urgent political reform, demographic shifts threaten electoral integrity, and the rise of the Greens reflects a rejection of the establishment

Key takeaways The British public is eager for change, viewing the upcoming election as crucial for the country’s future. Inexperienced activists in political parties can lead to chaotic outcomes. Demographic changes in Britain are reshaping the political landscape and could pose electoral challenges. Reforming the political system is essential to maintain electoral integrity and secure…

Read More