Core Scientific: Triumph in Cryptocurrency Mining Amidst Adversity
Core Scientific emerges as North America's leading Bitcoin miner, overcoming bankruptcy to mine 19,274 Bitcoins, valued at $812 million in 2023.
MiyukiCore Scientific emerges as North America's leading Bitcoin miner, overcoming bankruptcy to mine 19,274 Bitcoins, valued at $812 million in 2023.
MiyukiJupiter, which has grown into one of the most popular protocols in the entire cryptocurrency space, is about to launch its native token $JUP amid strong product-market fit and a potential bull run.
JinseFinanceThe National Bitcoin Office of El Salvador (ONBTC) issued a statement stating that the Bitcoin bond "Volcano Bond" has been approved by the El Salvador Digital Assets Commission and is expected to be issued in the first quarter of 2024.
JinseFinanceWith court approval secured, Core Scientific's journey through bankruptcy concludes, paving the way for a stronger presence in the crypto mining industry. The company's strategic restructuring, benefitting shareholders and creditors, aligns it for success in the evolving market landscape.
Cheng YuanCore Scientific, a major crypto mining firm, receives court approval for its Chapter 11 reorganization plan, securing jobs and preparing to relist "CORZ" shares on Nasdaq by January 23, 2024.
Huang BoCore Scientific concludes a $55 million equity offering, showcasing a positive step towards financial recovery. Despite facing challenges leading to bankruptcy in 2022, the company strategically plans to relist on NASDAQ post-bankruptcy proceedings. Shareholders and noteholders are expected to benefit from the restructuring, with new shares and competitive returns on convertible notes. The successful fundraising enhances Core Scientific's liquidity, setting the stage for executing growth plans.
SanyaThe fund has five custodians, with Marshall Hayner (the newest member of the DF Board of Directors) being one of them.
cryptopotatoCardano's Vasil hard fork recently launched as per the Cardano roadmap announced by Hoskinson earlier this year.
BeincryptoMatt Corallo urged the Bitcoin community to drop the us-versus-them culture, which leads to attacking projects other than BTC.
CointelegraphJason Fung said he hopes to solve interoperability problems with Metaverse development through his new company Meta0.
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