Browsing Tag
Core Scientific
19 posts
Most notable crypto bankruptcies in 2023
Explore the list of crypto bankruptcies in 2023, including detailed insights into the collapse of major exchanges. It’s…
Celsius acquires Texas mining site from Core Scientific for $14m
Core Scientific CEO Adam Sullivan expressed his satisfaction at the resolution, stating he was pleased to resolve “all…
Core Scientific challenges Celsius Network’s $4.7m compensation claim
Core Scientific, a bankrupt Bitcoin miner, is protesting against the payment of $4.7 million in executive compensation filed…
Core Scientific to sell $6.6m valued Bitmain coupons
On Jan. 28, Core Scientific (CORZ) filed a motion to sell $6.6m worth of Bitmain coupons to pay…
Core Scientific to stop operating its Celsius crypto mining hardware
Core Scientific (CORZ), a bitcoin miner, recently rejected its contract with Celsius Mining, Core’s largest client with over…
BlackRock comes to Core Scientific’s aid with a $17m loan
BlackRock has promised $17 million to bankrupt Core Scientific as part of a new $75 million loan from…
Bitcoin miner Core Scientific to access $37.5 million loan
Bitcoin miner Core Scientific has been granted access to obtain a $37.5 million loan from its creditors. The…
Breaking: Core Scientific files for bankruptcy while generating positive cash flow
One of the largest Bitcoin miners, Core Scientific, files for Chapter 11 bankruptcy protection, citing overloaded debt and…
Bitcoin miner Core Scientific offers $72 million to stay solvent
Investment bank B Riley, one of Core Scientific’s (CORZ) key creditors, has suggested a new $72 million financing…
