Core Scientific, one of the world’s largest publicly traded Bitcoin mining companies, is on the verge of insolvency. In an Oct. 26 SEC filing, the company said its operating performance and liquidity ...
Tag: core
Chinese Top Chipmaker Retaliates By Firing US Employees In Core Tech, Former CEO’s Position Remain Undecided
Chinese chipmaker Yangtze Memory Technologies Corp ousted American employees in core tech positions following the U.S. embargo on China. Several U.S. citizens and green card holders in China had alrea...
Elon Musk is slashing Tesla prices to whip up his sluggish sales in a struggling core market: China
Elon Musk slashed the price of his entry range Tesla vehicles in China by as much as 9% to reignite sluggish domestic demand in the final quarter. The rear-wheel-drive standard-range version of the Mo...
Celsius Network defaults on payments to Core Scientific, causing financial unrest
Crypto lender Celsius Network’s legal journey has gained another chapter as Bitcoin (BTC) miner Core Scientific accused the company of refusing to pay its bills since filing for Chapter 11 bankr...
Core Scientific Wants $2 Million From Celsius Asset Register
As Celsius contemplates an asset sale at an upcoming hearing, Texas-based crypto miner Core Scientific has asked the company to pay its outstanding bills. Core Scientific has asked a bankruptcy court ...
Core Scientific Again Raises Bitcoin Mining Hosting Rates
“All units outside of the [Bitmain Antminer] S19 XP [go] into negative gross margin territory,” at above 9 cents per kilowatt hour, said Ethan Vera, chief operating officer at mining servi...
Intel 13th Gen Core Raptor Lake Processors Impress In A Variety Of Workloads
Intel CEO Pat Gelsinger Holds Up 13Th Gen Core Retail Box At Innovation Event Dave Altavilla Intel lifted the veil on 3rd-party independent performance analysis of its new 13th Gen Core series process...
Ava Labs launches Core Web & uplifts Web3 user experience
Ava Labs takes the opportunity of launching its Core Web. However, this is a collective controlling center, which will enable all users to be in a position to connect and properly utilize the numerous...
Terra Classic Core Developer Edward Kim Proposes Terra Classic Grants Program, Requesting $68,000 To Direct It
– Advertisement – Edward Kim proposes a grants program to promote chain utility and ensure better transparency with community pool distribution. In a tweet today, Terra core developer Edwa...
Young Core Shines Bright During Six-Game Stint
DENVER, CO – OCTOBER 3: Vlatko Cancar (31) of the Denver Nuggets defends Jalen Williams (8) of the … [+] Oklahoma City Thunder during the fourth quarter of Oklahoma Citys 112-101 win on Mo...
Offchain Labs acquires Ethereum core dev team Prysmatic Labs
One of the core development teams behind the Ethereum Merge, Prysmatic Labs, has been acquired by Offchain Labs, the developer of the Ethereum layer-2 network Arbitrum. Announced in an Oct. 13 blog p...
Core US Inflation Rises to 40-Year High, Securing Big Fed Hike
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg A closely watched measure of US consumer prices rose by more tha...
Arbitrum Builder Offchain Labs Acquires Prysmatic Labs, a Core Team Behind Ethereum’s Merge
“Merging with Offchain Labs made perfect sense to us as an Ethereum team because we develop software extensively in [the programming language] Go, are fully incentive-aligned with the success of Ether...
Terra Classic Core Developer Proposes To Run Both USTC Re-peg Proposals In Parallel
– Advertisement – Edward Kim proposes to run both USTC re-peg proposals in parallel. In a tweet on Tuesday, TerracVita, a subgroup of the Terra Rebels, shared a discord message where Ter...
Dogecoin Core Update Crucial to DOGE’s Growth Might Soon Be Released
Dogecoin-focused Twitter account Mishaboar shares an update on Dogecoin Core development as provided by Patrick Lodder. Currently, two key releases — core update 1.14.7 and 1.21, which Patrick Lodder...
It Might Be Now Or Never For This Sixers Core To Win The NBA Title
CAMDEN, NJ – SEPTEMBER 26: Tobias Harris #12, Tyrese Maxey #0, James Harden #1, and Joel Embiid #21 … [+] of the Philadelphia 76ers pose for a picture during media day at the 76ers Trainin...
Terra Classic USD (USTC) Spikes In Response To New Re-Peg Proposal By LUNC Core Developer
– Advertisement – Following Zaradar’s USTC re-peg proposal, USTC has seen double-digit percentage gains. TerraClassicUSD (USTC) has surged in the last 24 hours following the release of the...
Allianz Chief Economic Adviser El-Erian believes core inflation ‘is still going up’
Ahead of the release of the latest consumer price index reading this week, Allianz Chief Economic Adviser Mohamed El-Erian told CBS’ “Face The Nation” Sunday that he predicts headlin...
Has web3 failed in its vision? CoDe Tech thinks so & the solution is Core Blockchain – SlateCast #24
In the latest episode of SlateCast, Akiba spoke with the CEO of CoDe Tech about the future of blockchain technology. CoDeTech is a futuristic web3 company that doesn’t think web3 is good enough. Comme...
Core Scientific Announces September Updates
Operating approximately 232,000 owned and colocated ASIC servers Produced 1,213 self-mined bitcoins AUSTIN, Texas,–(BUSINESS WIRE)–Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or “the Compa...
Terra Classic Core Developer Asserts No One Will Mint More LUNC
– Advertisement – Developer spat over how to repeg USTC raises centralization concerns. In a tweet on Tuesday, Tobias Andersen, AKA Zaradar, a Terra Classic core developer, asserted that n...
Opportunity For Young Core To Step Up
LAS VEGAS, NEVADA – JULY 14: Ousmane Dieng #13 of the Oklahoma City Thunder poses during the 2022 … [+] NBA Rookie Portraits at UNLV on July 14, 2022 in Las Vegas, Nevada. NOTE TO USER: Us...
Celsius Mining claims hosting provider Core Scientific violated bankruptcy terms
Celsius Mining, the mining arm of the bankrupt crypto lender, filed a motion Wednesday against its hosting provider Core Scientific, accusing the company of breaching their agreement and violating ban...
Terra Classic (LUNC) Core Developer Proposes To Remove And Secure Stablecoin Market Swap
– Advertisement – Edward Kim proposes the first step to Terra’s stablecoin market recovery. In a tweet today, reXx of the Terra Rebels announced that LUNC core developer Edward Kim had p...
XRP, MKR Outperform Bitcoin Ahead Of Core PCE Data Release
The cryptocurrency market, which had been trading on a bullish note for most of the day, has yet again landed in the red zone. Bitcoin and Ethereum have dropped by 0.25% and 0.52%, respectively, in th...
Core PCE rises to 4.9%; US Jobs report, manufacturing data in next week’s economic calendar
The Bureau of Economic Analysis (BEA) release published today showed that the core personal consumption expenditures price index (PCE) inflation unexpectedly rose to 4.9% Y-o-Y above July’s upward rev...
Doge Founder Slams Dogecoin Tip Jar Proposal, Clarifies Tip Jar Was Not Created For Core Development
– Advertisement – Billy Markus believes that resolving the tip jar debate does not help the community but only settles a dispute between four people. In a Twitter thread on Wednesday, ho...
Cardano’s Charles Hoskinson & Ethereum Core Developers Beef It out on Twitter
Ethereum core devs and Cardano founder Charles Hoskinson duke it out on Twitter following Hoskinson’s criticism of Ethereum. While many diehard Ethereum community members celebrated the success of the...
APENFT’s “Fall of the Core” Lands on Sandbox, Opening the Gate of the City of Origin
– Advertisement – Singapore, Singapore, 20th September, 2022, Chainwire. On September 13, 2022, the leading blockchain ecosystem TRON and the APENFT Foundation jointly announced their plan...