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Bitcoin Miner Core Scientific Files for Chapter 11, Seeks Restructuring Amid Crypto Winter
Core Scientific, a prominent Bitcoin mining company, has recently made headlines as it filed for Chapter 11 bankruptcy protection. The move comes as the crypto industry grapples with the enduring effects of the ongoing crypto winter, impacting various firms in the sector. дальше »
2023-6-22 02:00 | |
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Classifying Crypto Tokens as Securities Will Hamper Some Blockchains’ Decentralization Efforts, Bernstein Says
The core issue is whether countries should use securities law framed decades ago to categorize crypto tokens, without realizing the efforts of blockchain networks’ to transform existing financial systems, the report said. дальше »
2023-6-13 13:28 | |
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BitGo to acquire 100% equity in Prime Trust parent following latter’s bankruptcy rumors
Crypto custodian BitGo said on June 8 that it signed a term sheet to acquire 100% equity in Prime Core Technologies, the parent company of Prime Trust. BitGo said the acquisition would allow BitGo to offer a “full suite of solutions” to institutional clients and fintech companies. дальше »
2023-6-9 01:58 | |
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Dogecoin Drama: Elon Musk Faces Lawsuit For Alleged Crypto Market Manipulation
Keyur Rohit, a self-denominated “crypto influencer”, has weighed in on the recent Dogecoin (DOGE) lawsuit against Elon Musk. Rohit has expressed his disappointment in Musk’s alleged actions, stating that they go against the core principles of the cryptocurrency market. дальше »
2023-6-3 13:58 | |
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Core Scientific to exit bankruptcy by September 2023
Bankrupt crypto miner to exit bankruptcy by September this year. The latest developments led to a 7% hike in Core Scientific's share price. Crypto mining firm Core Scientific is reportedlyThe post Core Scientific to exit bankruptcy by September 2023 appeared first on AMBCrypto. дальше »
2023-5-24 14:30 | |
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Core Scientific Hopes to Emerge from Bankruptcy by September, Lawyers Say
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. дальше »
2023-5-23 01:55 | |
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Crypto Miner Marathon Pledges $500K in Matching Funds to Brink for Bitcoin Development
Marathon CEO Fred Thiel tells CoinDesk in an interview that he wants to make sure development and maintenance of the open-source Bitcoin Core client software are "properly funded." дальше »
2023-5-22 23:50 | |
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Binance urges balanced regulatory approach for crypto to ensure innovation, growth are not stifled
Binance believes the core tenets of a regulatory framework for crypto should be consumer protection, market integrity, and financial stability. The exchange made the statement in its response to a recent consultation initiated by the U. дальше »
2023-5-3 23:56 | |
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Trust Wallet lost $170,000 to hackers, to reimburse victims
Trust Wallet, a popular crypto wallet owned by Binance, has disclosed a WebAssembly (WASM) vulnerability in its open-source library, Wallet Core дальше »
2023-4-23 20:15 | |
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Bitget & CoreDAO Unveil US$200m Fund for DApp Projects
Bitget, top crypto and copy trading platform, has entered into partnership with Core DAO, the organisation dedicated to developing the Satoshi Plus ecosystem. дальше »
2023-4-19 15:00 | |
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Is Governance All It’s Chalked Up To Be? Arbitrum’s First Governance Vote Sparks Debate
Decentralization and governance go hand in hand. Since Bitcoin’s inception, crypto maximalists have embraced core components of decentralization, and while ‘governance’ isn’t called out specifically in the Bitcoin whitepaper, it’s considered one of the largest elements of decentralized environments throughout the crypto ecosystem. дальше »
2023-4-4 06:05 | |
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Core’s Revolutionary Satoshi Plus Consensus Marries Decentralization, Security, and Scalability
Core is a novel layer one blockchain that is pushing the boundaries within the crypto space. Inspired by Bitcoin and Ethereum, Core progresses beyond those blockchain behemoths by synthesizing each of their superpowers. дальше »
2023-3-30 18:00 | |
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Binance Maintained Connections With China Even After Nation’s 2017 Crypto Ban: Report
Binance appears to have been caught red-handed in a shocking revelation that could shake the industry to its core. Explosive documents obtained by the Financial Times reveal that Binance CEO Changpeng “CZ” Zhao and other top executives have been secretly concealing their ties with China for years. дальше »
2023-3-30 15:30 | |
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Core's Revolutionary Satoshi Plus Consensus Marries Decentralization, Security, and Scalability
Inspired by Bitcoin and Ethereum, Core is a novel layer one blockchain that is pushing the boundaries within the crypto space. дальше »
2023-4-1 14:00 | |
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Sygnum sees increased crypto firm inquiries after US banking giants collapse
The Swiss crypto bank, however, would stick to its policy of not onboarding United States clients as it focuses on its core target market. дальше »
2023-3-24 22:00 | |
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Core Scientific And Crypto Miners Agree To Settle With Equipment Worth $20 Million
The crypto winter of 2022 forced many crypto-related establishments into financial stress leading to bankruptcy proceedings. Core Scientific was one of the firms affected by the 2022 market crash as it filed for Chapter 11 bankruptcy due to falling revenue and low BTC prices. дальше »
2023-3-22 00:00 | |
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Crypto Long & Short: Why Layer 2 Protocols Matter
This week, Glenn Williams Jr. tackles one of the core bits of infrastructure that anyone in the hunt for crypto investments must grasp. Then, Todd Groth of CoinDesk Indices wades into one of traditional finance’s biggest numbers: $7 trillion. дальше »
2023-3-9 20:07 | |
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The Rise and Fall of Silvergate’s Crypto Business
Silvergate Bank lost more than $8 billion in deposits from its crypto customers in the final months of 2022 as its core block of business crumbled under the industry’s implosion – just as the bank’s regulators had predicted might happen for such institutions. дальше »
2023-3-4 01:02 | |
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Former NBA Player Baron Davis Says Celebs Will Focus More on 'Utility' Tokens
Following the SEC’s crackdown on celebrity-endorsed projects, the serial entrepreneur says celebrities jumping into crypto are more likely to focus on their core fan group with a project that provides real utility and reward opportunities. дальше »
2023-3-3 22:50 | |
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Crypto Miner Core Scientific Paid More Than $1M to CEO-Affiliated Personal Jet Company
The bankrupt bitcoin miner stopped making payments to the company right before it stopped paying off its debt. дальше »
2023-2-18 17:26 | |
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Pioneering decentralized crypto payment solution: Interview with Airswift CEO
Airswift is a Web3 Fintech company building a decentralized crypto payment platform built around the core objective of connecting merchants with Web3 payment acceptance solutions. It's designed in a wThe post Pioneering decentralized crypto payment solution: Interview with Airswift CEO appeared first on AMBCrypto. дальше »
2023-2-16 16:00 | |
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NYDIG agrees to settle Core Scientific’s $38.6m debt
Core Scientific Inc. has agreed to send 27,403 crypto mining rigs to the NYDIG. The NYDIG will settle a debt of $38.6 million in exchange for the rigs. Core Scientific Inc. and the New York The post NYDIG agrees to settle Core Scientific’s $38.6m debt appeared first on AMBCrypto. дальше »
2023-2-4 13:30 | |
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What Ethereum Tech Trends Are Weathering the Bear Market?
Zero-knowledge, staking and MEV are among the core tech concepts that have continued to attract attention amid the market slump. Valid Points is CoinDesk’s weekly newsletter breaking down Ethereum’s evolution and its impact on crypto markets. дальше »
2023-1-19 15:15 | |
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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 37,000 machines, and declared that it will shut down Celsius Mining's mining equipment. дальше »
2023-1-4 10:54 | |
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Crypto Community on High Alert as Bitcoin Core Developer Loses Over 200 BTC In Hack
Luke Dashrj, one of the longest contributing Bitcoin Core developers, claims to have lost well over 200 BTC (roughly $3.34 million) this past weekend after his wallet keys were compromised. дальше »2023-1-4 00:33 | |
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How Regenerative Finance Is Bringing Sustainability to Crypto
As the crypto industry surveys the ruins of 2022, it must refocus on its core promises and once again seek ways to add tangible and sustainable value. дальше »
2022-12-22 01:23 | |
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Why are Bitcoin miners struggling so much? Core Scientific file for bankruptcy
Key Takeaways Core Scientific was worth over $4 billion last summer, but is down 985 form all-time highs Rising electricity costs are hiking costs with falling Bitcoin prices hurting revenue With hash rate near all-time highs, the entire mining industry is struggling The crypto winter continues to take victims. дальше »
2022-12-21 15:58 | |
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Bitcoin miner Core Scientific files for bankruptcy, has over $1B in liabilities
Publicly traded crypto miner Core Scientific filed for Chapter 11 bankruptcy protection on December 21 at the Southern District of Texas bankruptcy court. The post Bitcoin miner Core Scientific files for bankruptcy, has over $1B in liabilities appeared first on CryptoSlate. дальше »
2022-12-21 14:20 | |
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Bitcoin Mining Company Core Scientific Succumbs to Crypto Winter, Files for Bankruptcy
Core Scientific has filed for Chapter 11 bankruptcy protection in Texas due to to reduced Bitcoin mining profits and increasing costs. The post Bitcoin Mining Company Core Scientific Succumbs to Crypto Winter, Files for Bankruptcy appeared first on BeInCrypto. дальше »
2022-12-21 12:15 | |
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Voyager Token Price Prediction 2023 – 2030 – 2040 | VGX Price Forecast
Voyager’s core platform provides investors with a turnkey solution to trade cryptocurrencies, as well as earn interest on crypto assets. A number of decentralized exchanges already exist for the purpose of trading cryptocurrencies, so that’s really not new. дальше »
2022-12-20 22:51 | |
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Crypto Miner Core Scientific Sees Stock Surge 200% on Creditor Offer to Fund Insolvency
Coinspeaker Crypto Miner Core Scientific Sees Stock Surge 200% on Creditor Offer to Fund Insolvency Core Scientific experienced a four-day stock surge after one of its creditors offered to pull it out of its financial mess. дальше »
2022-12-17 16:13 | |
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Hacks, Collapses, and Major Updates - The Biggest Crypto Stories Of 2022
2022 is a year that will live in infamy in the digital asset history book. Bigger hacks, bigger blow-ups, and bigger price drops than ever before. Nonetheless, as the year winds to a close, crypto continues moving forward with a stronger conviction for core tenets such as ‘self-custody’ and ‘protocols over private companies'. дальше »
2022-12-25 10:00 | |
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FTX to File for Bankruptcy as Metacade (MCADE) is Set to Skyrocket in Presale
Crypto markets were shaken to the core by the recent news that the world’s second-largest crypto exchange FTX was to file for bankruptcy in US courts. An $8 billion black hole was discovered in FTX’s balance sheet after dozens of customers withdrew their funds, and a potential takeover from arch-rival Binance fell through, leaving founder […] The post FTX to File for Bankruptcy as Metacade (MCADE) is Set to Skyrocket in Presale appeared first on CoinJournal. дальше »
2022-12-9 13:25 | |
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Brands Will Save Crypto? Be Careful What You Wish For
It’s not enough to depend on the goodwill of legacy platforms and of the mega-companies that use core blockchain frameworks to reach audiences and customers. We must deliberately build systems over which those corporate machines can’t exert control. дальше »
2022-12-3 19:40 | |
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Sticking to Core Fundamentals Saved Polygon from FTX Calamity – Co-Founder Sandeep Nailwal
The impact of FTX’s downfall is being felt all across the crypto spectrum. Since the FTX crisis began to unfold, the crypto market has shed over $200 billion. Those who have commented on the FTX Fiasco include former Kraken CEO Jesse Powell, Binance CEO Changpeng Zhao, Cardano’S Charles Hoskinson, and Tesla CEO Elon Musk, among […] дальше »
2022-11-27 19:09 | |
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