The crypto council would be a dedicated advisory body that consists of government representatives, regulatory authorities and industry experts.
The FBI reiterated North Korean involvement, and identified the activity as TraderTraitor.
Losses in crypto markets mirrored those in U.S. equities after lesser-than-expected earnings from technology stalwart Nvidia failed to wow investors.
In a worst case scenario, prices could slide to the $72,000–$74,000 range, one analyst said.
The AI firm is targeting a valuation of over $35 billion, according to the report.
Legislators convened a panel to discuss what stablecoin and market structure bills need to address.
In a Wednesday X post, the co-founder and president of Gemini suggested the SEC publicly fire all staff members involved in the investigation.
The apparent stand-off mirrors that of WazirX and Liminal Custody, which blamed each other following a $230 million exploit last July.
Also: Avalanche Visa card launched; EF executive director leaving; hackers using fake GitHub to steal bitcoin.
The expansion will significantly increase Core Scientific’s AI and cloud computing capacity and increase total projected revenue to $10.2 billion over 12-year contract terms.