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Core Scientific moves for September bankruptcy exit, expects $46M boost
24.5.2023
Core Scientific said favorable market conditions have increased its liquidity position and its bankruptcy restructuring plan has been revised
Core Scientific Hopes to Emerge from Bankruptcy by September, Lawyers Say
23.5.2023
Core Scientific should “trim” its restructuring timeline by “at least [one] month,” the federal judge overseeing the crypto miner's bankruptcy said during a Monday hearing as creditors called for the insolvent crypto miner to fast-track its plans to emerge from Chapter 11 bankruptcy
‘Unjustly enriched:’ Core Scientific knocks back $4.7M claim from Celsius
9.5.2023
Core Scientific has rejected a multi-million-dollar administrative claim from Celsius Network, arguing it's owed an even higher amount from the crypto lender
Today in Crypto: Binance to Begin Japan Operations, Millennials are Dominant Crypto Enthusiast Group, Canadian Police Issue Warnings After a $7.5M Scam, Hamas Stops Crypto Donations
28.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Binance to Begin Japan Operations, Millennials are Dominant Crypto Enthusiast Group, Canadian Police Issue...
Amid Bankruptcy, Core Scientific Signs Bitcoin Mining Hosting Contracts for Almost 18,000 Machines
28.4.2023
The miner signed deals with three firms to host rigs in sites where the Celsius Mining fleet was recently unplugged from
Core Scientific debtors petition bankruptcy court to approve new president
11.4.2023
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
Crypto Miner Core Scientific Appoints a New President
11.4.2023
Crypto hosting and mining company Core Scientific (CORZ) has appointed crypto veteran Adam Sullivan as its new president, a court filing shows
Bitcoin Miner Sphere 3D Sues Partner Gryphon Digital
8.4.2023
Gryphon sent $500,000 of Sphere 3D's bitcoin to an address pretending to be its CFO
Core Scientific to transfer $20M of equipment to settle bankruptcy dispute
21.3.2023
Millions of dollars worth of electrical equipment will be transferred to the crypto miners' exclusive energy negotiator to settle a payments dispute
Core Scientific Bankruptcy Judge Approves Transfer of Over $20M of Equipment to Its Exclusive Energy Negotiator
20.3.2023
Core Scientific had stopped paying Priority Power Management in May 2022
Bitcoin Miners Are Starting to Emerge From Brutal Crypto Winter
2.3.2023
After several bankruptcies and fire sales, the rally in bitcoin’s price is providing some relief for the miners, although they may not be completely out of the woods yet
Core Scientific Bankruptcy Judge Set to Approve $70M Financing Deal From B. Riley
2.3.2023
The judge also indicated he would allow stockholders to form an official committee in the bankruptcy
Marathon Digital bungles crypto impairment sums, will reissue financials
1.3.2023
The Bitcoin miner received a letter from the SEC on Feb. 22 which highlighted accounting mistakes it made on multiple financial disclosures
Pharma companies team up with DeSci to accelerate scientific research
25.2.2023
Pfizer is now the first big pharma to participate in a decentralized autonomous organization (DAO)
Crypto Miner Core Scientific Paid More Than $1M to CEO-Affiliated Personal Jet Company
17.2.2023
The bankrupt bitcoin miner stopped making payments to the company right before it stopped paying off its debt
Makerdao Co-Founder Proposes $14 Million Fund to Combat Climate Change; Crypto Supporters Mock Idea
7.2.2023
Cryptocurrency advocates have been discussing a proposal by the founder of Makerdao, Rune Christensen, to fund a Scientific Sustainability Fund. An idea that aims to combat climate change and misinformation about energy solutions. Christensen is asking for 20,000 MKR tokens to move forward with...
Core Scientific to Hand Crypto Mining Rigs to NYDIG to Extinguish $38.6M in Debt
3.2.2023
NYDIG had previously said it would object to a $70 million lifeline loan for Core if its own deal wasn't finalized
Core Scientific to hand over 27K rigs to pay $38M debt
3.2.2023
The bankrupt crypto mining firm believes that the long-term benefits outweigh the immediate loss of handing over the machines
Court permits Core Scientific to borrow $70M to replace existing loan
31.1.2023
Investment bank B. Riley is already a Core Scientific creditor and tried to provide funds before the Bitcoin miner filed for Chapter 11
Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs
31.1.2023
The Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide loans secured by cryptocurrency mining rigs. In a filing with the U.S. Securities and Exchange Commission (EX-99.1), Bankprov stated that revenue from its digital asset loan...