Crypto
Mining
Core Scientific adds 900 more mining machines on behalf of LM Funding
LM Funding will have 3,900 devices with 400 petahashes of capacity at Core Scientific.
Exchanges
Paxos becomes latest crypto company to end services in Canada
The firm will halt all Canadian account activity on June 2.
NFTs
Reddit experiences shop outage as it launches third generation of NFTs
The platform seemingly experienced excess demand from bots.
Analysis
Ethereum price falls below $1,900 as Shanghai upgrade approaches
Ethereum is down very slightly pending an event that will gradually unlock staked ETH.
Legal
Coinbase wins $470K from insider trading case
Nikhil Wahi will pay the above amount to the cryptocurrency exchange Coinbase.
Crime
Former Deutsche Bank associate charged in crypto investment scheme
Rashawn Russell has been arrested and faces up to 20 years in prison.
Mining
Riot Platforms responds to NYT article on Bitcoin mining
The mining company says its operations are greener than the newspaper claims.
Exchanges
Gemini receives $100M loan from Winklevoss brothers
The exchange's co-founders are supporting the exchange.
Scams
Ethereum block explorer Etherscan adds anti-scam feature
The site will hide zero-value transfers to protect against address poisoning attacks.
Mining
Arkansas passes right-to-mine bill
The U.S. state is at least the third to advance crypto mining protections.
NFTs
Solana reveals low-cost NFTs with state compression
Users can mint one million NFTs for roughly $110 thanks to state compression.
Exchanges
Derivatives exchange dYdX to discontinue Canadian services
The exchange is restricting its availability to comply with regulations.