Operated approximately 206,000 owned and colocated ASIC servers Produced 1,527 self-mined bitcoin and 471 bitcoin for colocation customers AUSTIN, Texas–(BUSINESS WIRE)–$CORZQ #bitcoin—Core Scientific...
Tag: core
Andre Cronje Names the Core Focus of Fantom Foundation, Says DeFi Is Here To Stay
Decentralized finance (DeFi) veteran and Fantom (FTM) founder Andre Cronje is identifying the core areas of focus for the foundation behind one of Ethereum’s (ETH) biggest rivals. In a new Medium post...
Core Scientific To Send 27k Mining Rigs To NYDIG To Settle $38.6 Million Debt
– Advertisement – The NYDIG has agreed to settle a debt of $38.6 million owed by Core Scientific Inc. The crypto mining firm will send 27,403 crypto mining rigs to NYDIG as part of the ag...
Bitcoin Mining Firm Core Scientific To Sell 27k Gears To Settle NYDIG Debt
45 mins ago | 2 mins read Bitcoin News A few days before the holidays in 2022, the firm filed for bankruptcy. As part of its 2020 expansion, the company borrowed $77.5 million. In order to settle a $3...
X2Y2 Rallies as Core Team Refuses to Sell Unlocked Tokens
NFT marketplace X2Y2 announced that it will not sell any of its tokens when they unlock later today. The announcement has sent the value of the X2Y2 token up by 12.2% in the last 24 hours. X2Y2 develo...
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 Digital In...
Core DAO All Sets to Launch CORE Token
Blockchain News The launch of Core DAO’s CORE token on February 8, 2023 Core DAO distributes 525,600,000 CORE to its user. While the crypto market is on its way to recovering its value, Turing-complet...
Core Scientific to hand over 27K rigs to pay $38M debt
Crypto mining firm Core Scientific made a deal with the New York Digital Investment Group (NYDIG) to pay off an outstanding debt of $38.6 million by handing over more than 27,000 mining machines used ...
Core Scientific And NYDIG Agree To Settle $38.6 Million Debt
Core Scientific and NYDIG have reached an agreement to settle the $36.8 million debt owed to NYDIG. The crypto miner will hand 27,403 crypto mining rigs to NYDIG to settle the debt. The settlement has...
BlackRock iShares Core S&P 500 ETF tokenized on Uniswap
BlackRock’s ETF, iShares Core S&P 500 ETF (CSPX), is now tokenized on ethereum trading on Uniswap. The token operates similarly to USDc and USDt, except that it has shares and is managed by an ent...
Core Scientific Hands Over 27K Mining Rigs to NYDIG to Pay off a Debt
The once-prominent bitcoin miner Core Scientific inked an agreement with the New York Digital Investment Group (NYDIG) to hand over 27,403 of its mining machines and thus pay off an outstanding debt o...
Core Scientific offloads 27,000 mining rigs to NYDIG to cover $38M loan
Bankrupt crypto miner Core Scientific would transfer its ownership of 27,403 mining machines to crypto lender NYDIG to pay off a $38.6 million loan, according to a Feb. 2 court filing. Core Scientific...
Core Scientific cuts deal with lender NYDIG to extinguish $38.6 million in debt
Crypto miner Core Scientific reached a deal with NYDIG amid its ongoing bankruptcy to pay down its $38.6 million loan by handing over roughly 27,403 machines used as collateral. The company said...
Core Scientific to borrow millions from investment bank after court approval
Core Scientific has received permission from the bankruptcy court to borrow up to $70 million from B. Riley. The new credit facility will replace an existing one that was extended by B. Riley in Decem...
Judge approves Core Scientific’s $70 million loan from B. Riley
Bankrupt bitcoin miner Core Scientific got the green light from a bankruptcy judge to move forward with a $70 million debtor-in-possession (DIP) loan from B. Riley. Representatives of the compan...
Embattled BTC miner Core Scientific seeking approval for $70M loan from B. Riley
Publicly traded embattled Bitcoin (BTC/USD) miner Core Scientific (NASDAQ: CORZ) is seeking approval from the Bankruptcy Court for the Southern District of Texas Houston Division for a $70 million loa...
Core Scientific reaches deal with B. Riley for $70 million replacement loan
Bankrupt bitcoin miner Core Scientific has reached a new $70 million loan agreement with B. Riley. The company has asked the court to approve the financing as a replacement for the $75 million debtor-...
Motion to Sell $6 M Plus Bitmain Coupons Filed by Core Scientific
Not everything is going well for bitcoin mining firms; they all suffer from a trifecta of issues. Rising energy prices, increasing difficulty level, and decreasing BTC value. All these factors are res...
Core Scientific Is Bankrupt but Remaining Functional
Core Scientific – one of the world’s biggest crypto mining enterprises – has filed bankruptcy in recent weeks but is still expected to continue its mining operations in the region of Grand Forks, Texa...
Core Scientific files motion to sell over $6M in Bitmain coupons
Bankrupt Bitcoin (BTC) mining firm, Core Scientific, filed an emergency motion on Jan. 25, seeking to sell Bitmain coupons worth $6.6 million, according to court records. As per the filing, some cond...
Core Scientific seeks to sell $6.6 million in Bitmain coupons
According to the records submitted with the court, on January 25 the defunct Bitcoin (BTC) mining business Core Scientific filed an emergency application in which they asked authorization to sell Bitm...
Insolvent Core Scientific Files Petition For Selling $6.6M Bitmain Coupons
15 mins ago | 2 mins read Bitcoin News According to the filing, the vouchers are essentially worthless to Core Scientific. Core Scientific said that it will not be purchasing any more S19 miners. As s...
Core Scientific Seeks Court Approval to Sell $6M Bitmain Coupons
Lark Davis tweeted the 2022 growth in the number of BTC and ETH holders. The number of ETH holders has risen more than 260% in 2022. The 9-weekly EMA is about to cross the 20-weekly EMA on both ETH’s ...
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 its debts. The now-bankrupt US-based Bitcoin miner has been in talks with Bitmain and two other prospect...
BlackRock, Ibex Investors Among the Creditors that Rescued Core Scientific
Core Scientific, a NASDAQ-listed Bitcoin mining company, reportedly received $500 million worth of funds from giant financiers, including BlackRock, Apollo Capital, Kensico Capital, and Ibex Investors...
BTC Miner Core Scientific Raises $500M From BlackRock, Ibex Investors (Report)
The US-based bitcoin miner – Core Scientific – reportedly secured a $500 million fundraiser led by leading finance players, such as BlackRock, Apollo Capital, Kensico Capital, Ibex Investors, and othe...
Core announces a merger with LayerZero
Core is ecstatic to announce its merger with LayerZero, which also happens to be an omnichain interoperability protocol and was started by LayerZero Labs. This will prove to be incredibly advantageous...
Danaher Says 2022 ‘Another Great Year,’ Delivers Around 10% Core Revenue Growth
Danaher Corp (NYSE: DHR) has logged Q4 FY22 adjusted EPS of $2.87, up 6.5% Y/Y, surpassing the estimate of $2.51. Sales increased 2.5% to $8.36 billion, with 7.5% non-GAAP core and 7.5% non-GAAP base ...
Conflict Arises As Open Tussle Starts Between Shiba Inu Lead Developer & Core Member
– Advertisement – There has been a dispute between two Shiba Inu core members following the launch of Shibarium’s Telegram group. As reported today, Shiba Inu’s lead developer Shytoshi Kus...
ConsenSys CEO confirms layoffs, firm to focus on scaling core offerings
ConsenSys Advisory, Development, Education, Technology, Venture Capital Company in North America ConsenSys is a venture production studio and custom software development consultancy building decentral...
HashKey Capital Identified As A Core Crypto Space Investor
Global-focused crypto fund HashKey Capital, is considered one of the most prominent VC firms in crypto circles, per The Block’s Digital Asset Funding Landscape report. The growth of cryptocurren...