Australia’s ASIC Sues Stock Operator for Misleading Blockchain Upgrade Claims
ASIC, the corporate regulator of Australia, filed a lawsuit against ASX, the market operator, on Wednesday, alleging that the blockchain-based Clearing House Electronic Subregister System (CHESS) replacement project was mismanaged. The lawsuit alleges that ASX mislead the market by falsely claiming that the project was on track in early 2022. Nevertheless, ASX disclosed that the […]
Bitcoin Mining Pool CEO to Lead SpaceX’s First Polar Spaceflight
Wang was announced as the commander of SpaceX‘s Fram2 mission, the first polar spaceflight. The historic 1911 Norwegian expedition to the South Pole served as inspiration for the mission, which has a diverse crew. Wang’s appointment as the Fram2 mission ‘s “commander” was disclosed yesterday, marking an unprecedented milestone. SpaceX’s mission details suggest that the […]
Core Scientific Falls 10% After $400M Convertible Note Offering
Core Scientific shares fell over 10% after announcing an increased $400 million convertible senior note offering. Core Scientific, a Bitcoin miner, experienced a slight decline in its stock price of just over 10% subsequent to its announcement that it would be offering up to $400 million in convertible senior notes to investors. This amount represents […]