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Core Scientific debtors petition bankruptcy court to approve new president

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The debtors appointed Adam Sullivan, a managing director at investment banking firm XMS Capital Partners, to assume the role of president amid the firm’s bankruptcy proceedings.

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Coin Market

Trump-linked American Bitcoin energizes 11,298 new ASICs

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American Bitcoin (ABTC) originally purchased the mining rigs in March, weeks after reporting a $59 million loss for Q4 2025.

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Coin Market

Banking group asks for more time to comment on US stablecoin bill

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The letter to four US government agencies said banks needed 60 more days for comment after OCC stablecoin rulemaking had been finalized.

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Coin Market

Kraken calls for de minimus exemption on crypto taxes after 2025 reports

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The crypto exchange advocated for two key changes to US tax law affecting crypto users to “eliminate millions of unnecessary forms.”

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