debt
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Core Scientific’s Comeback: Bitcoin Miner Emerges Stronger, Returns to Nasdaq After Successful Debt Reduction
Texas-based bitcoin mining firm Core Scientific has announced its return to Nasdaq, resuming trading on Wednesday after implementing extensive reorganization…
Read More » - Global News
Caution Ahead: BlackRock CEO Warns About US Debt Ceiling, Potential Impact of Rate Hikes on Bitcoin Price and Investor Sentiment
Laurence Fink, the CEO of BlackRock, explained that the recent events surrounding the United States debt ceiling have eroded trust…
Read More » - Global News
Crypto Industry Shaken as Silvergate Bank Collapses
Silvergate Capital Corp (SI.N), a bank that focuses on cryptocurrency, announced that it intends to cease operations and voluntarily liquidate…
Read More » - Crypto Mining
Core Scientific Offers 27,000 Mining Rigs to Settle $38.6M Debt
Core Scientific, the largest Bitcoin miner by computing power, has submitted a proposal to the U.S. Bankruptcy Court for the…
Read More » - Global News
Important: Digital Currency Group Owes $575 Million to Genesis Trading Crypto Lending Arm
Venture capital company Digital Currency Group, which owns Genesis Trading and cryptocurrency asset manager Grayscale, owes $575 million to Genesis’…
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