Core Scientific has filed for Chapter 11 bankruptcy protection. The company will continue its mining operations during the bankruptcy proceedings. Bitcoin mining giant Core Scientific Inc. has filed ...
Tag: Chapter
Bitcoin Miner Core Scientific Apparently Declares Chapter 11 Bankruptcy
According to reports, Core Scientific has submitted a petition for protection under Chapter 11 of the U.S. bankruptcy code in the state of Texas due to declining revenues and prices of bitcoin. Only a...
Publicly traded crypto miner Core Scientific files for Chapter 11 bankruptcy
Core Scientific, one of the world’s largest publicly traded bitcoin miners, filed for Chapter 11 bankruptcy protection as this year’s slump in crypto prices claimed another victim. T...
Bitcoin miner Core Scientific reportedly filing for Chapter 11 bankruptcy
Just days after a creditor offered to help Core Scientific avoid possible bankruptcy, reports have emerged confirming the Bitcoin (BTC) mining company’s fate. Core Scientific is reportedly filing for ...
Bitcoin Mining Firm Core Scientific Filing Chapter 11 Bankruptcy
Bitcoin News B. Riley wanted to forestall a Chapter 11 bankruptcy filing. The US-based mining corporation sold off 1576 BTC during the month of September. Numerous companies operating in various subse...
Crypto Twitter Reacts To Core Scientific Filing For Chapter 11 Bankruptcy
Core Scientific is filing for Chapter 11 bankruptcy protection in Texas on Wednesday, December 21. It is one of the largest publicly listed crypto mining companies in the U.S. Core Scientific has deci...
Major Publicly Traded Bitcoin Miner Files For Chapter 11
What many suspected after the news broke in late October has now become a reality. One of the largest publicly traded Bitcoin mining companies in the U.S., Core Scientific Inc. (CORZ), has filed for C...
Bitcoin miner Core Scientific set to file for Chapter 11 bankruptcy protection: CNBC
Bitcoin miner Core Scientific is planning to file for Chapter 11 bankruptcy protection in Texas in the early hours of Wednesday morning, according to a CNBC report. One of the largest publicly ...
WOW Summit Launched Its European Chapter in November
WOW Summit continues to travel worldwide, uniting the greatest Web3 minds in different locations. On Nov 1-3, WOW Summit welcomed the global community for its third edition in Lisbon and launched its ...
Chapter 11 Awaits Sears Hometown
Sears, once the world’s largest retailer: Sears, Roebuck and Co in El Paso, Texas circa 1940. … [+] (Photo by Fotosearch/Getty Images) Getty Images The names of what were once two of U.S. ...
Argo Blockchain reports insufficient funds, ‘no assurance’ it can avoid Chapter 11 bankruptcy
Crypto mining firm Argo Blockchain has reported it had been negotiating to sell assets and “engage in an equipment financing transaction” in an effort to avoid filing for bankruptcy. In a Dec. 12 anno...
Bitcoin miner Argo accidentally said it’s filing for Chapter 11, but is actually trying to avoid that fate by selling assets
Bitcoin miner Argo is looking to sell assets and get a loan as it seeks to avoid bankruptcy as it runs low on cash and after it accidentally published a document implying it would file for Chapter 11....
Blockchain Fintech ‘Symbiont’ Files For Chapter 11 Bankruptcy
Blockchain News The business was once known as Math Money FX and was established in 2013. Its early investors included the ex-CEO of the New York Stock Exchange. On December 1st, Symbiont filed for Ch...
Symbiont.io, Which Tried to Bring Blockchain to Traditional Finance, Files for Chapter 11
Originally named Math Money FX, the company was formed in 2013 to help financial institutions leverage the Bitcoin blockchain to “reduce risk, save costs, and increase efficiencies,” accor...
Celsius Chapter 11 Update and Galaxy’s Acquisition of GK8
December 7, 2022, 10:16AM EST • 3 min read Quick Take Galaxy Digital agrees to purchase GK8 from Celsius for ~$44.0mm Required escrow deposit of ~$5.4mm from November 3, 2022 agreement Celsius KERP a...
Celsius gets extension for chapter 11 reorganization plan
Embattled crypto lender Celsius has received approval from the bankruptcy court to extend its timeline for submitting a chapter 11 reorganization plan until Feb. 15, 2023. A Chapter 11 reorganization ...
Celsius receives extension to submit Chapter 11 reorganization plan
Bankrupt crypto lender Celsius received court approval to extend its exclusivity period — the time when it maintains the exclusive right to submit a Chapter 11 reorganization plan — to Feb. 15. ...
‘Fortnite’ Battle Pass Skins, Motorcycles Revealed Ahead Of Chapter 4 Launch
Fortnite’s Chapter 4, Season 1 Battle Pass and other details have leaked online. Credit: Epic Games It’s been a huge day for Fortnite fans. Earlier today the Fractured live-event kicked off and ...
‘Fortnite Chapter 4, Season 1 Cinematic Trailer Leaks Online
The cinematic trailer for Fortnite’s upcoming Chapter 4, Season 1 has leaked online just hours before the big Chapter 3, Season 4 ‘Fractured’ live event. Obviously big spoilers ahead and in the video....
Mr. Beast, Geralt Of Rivia And More Coming To Chapter 4
Mr Beast will join The Rock as a playable character in Fortnite’s new Chapter. Getty Images The Fortnite Chapter 4, Season 1 leaks have begun just hours before the game’s big live-event kicks of...
‘Fortnite’ New Chapter 4 Map Leaks Online
Fortnite’s new Chapter 4 map leaks online. Credit: Epic Games The new map coming to Fortnite with the launch of Chapter 4 has leaked online. Fortnite dataminer HYPEX leaked the map Saturday ahea...
Here’s When ‘Fortnite’ Chapter 3, Season 4 Ends And Chapter 4, Season 1 Begins
Fortnite Credit: Epic Games The end is nigh. Well, the end of Chapter 3 of Fortnite, in any case. After just four—admittedly quite long—seasons, Epic Games is turning the page. What this means for the...
Framework Ventures and Chapter One back web3 software solution Daylight: Exclusive
Daylight, a software solution for aggregating web3 perks, raised $3 million in a seed round co-led by Framework Ventures and Chapter One. Other backers in the round include 6th Man Ventures, Sp...
BlockFi Files For Chapter 11 Bankruptcy Protection
Another crypto company has recently fallen victim to the FTX contagion. As reported by Reuters, BlockFi, a cryptocurrency lender and financial services firm filed for bankruptcy protection on Monday. ...
Crypto Lending Platform BlockFi Files For Chapter 11 Bankruptcy
11 seconds ago | 2 mins read Defi News Several layoffs and withdrawal halt were witnessed on a regular basis post-FTX crash. More than 100,000 people are listed as creditors in the bankruptcy petition...
Crypto Lending Firm BlockFi Files for Chapter 11 Bankruptcy, Citing FTX Collapse
Crypto lending platform BlockFi is officially filing for bankruptcy after weeks of rumors surrounding the firm’s connections to FTX. Today, BlockFi announced its voluntary Chapter 11 filing, naming th...
Crypto Lender BlockFi Files for Chapter 11 Bankruptcy
Cryptocurrency lender BlockFi filed for Chapter 11 bankruptcy protection in the United States on Monday, just days after suspending withdrawals amid the fallout from FTX. The FTX contagion has claimed...
Analysis of BlockFi’s Chapter 11 Bankruptcy Filing
November 28, 2022, 1:07PM EST • 1 min read Quick Take November 28, 2022 BlockFi files for Chapter 11 Bankruptcy Protection BlockFi estimates there will be funds left over to distribute to the more tha...
DCG CEO Reacted On Recent FTX Chapter 11 Bankruptcy
The FTX Chapter 11 bankruptcy is a barrier to upcoming digital currencies in the crypto market. In the past two weeks, crypto users have been affected due to price fluctuations in the crypto market. M...
How it differs from other Chapter 11 cases
Collapsed crypto exchange FTX and 130 affiliates filed for bankruptcy in Delaware on Nov 11. Chaos followed as a number of FTX creditors, investors and industry experts began to question what would ha...
FTX Bahamas Files for Chapter 15 Bankruptcy Protection
The Bahamas subsidiary of the troubled crypto derivative exchange FTX has filed for chapter 15 bankruptcy protection in the Southern Court of New York, Bloomberg reported on Wednesday. FTX Bahamas Fil...