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Nalezeno "Core Scientific": 227

Core Scientific debtors petition bankruptcy court to approve new president

11.4.2023
The debtors appointed Adam Sullivan, a managing director at investment banking firm XMS Capital Partners, to assume the role of president amid the firm’s bankruptcy proceedings

Crypto Miner Core Scientific Appoints a New President

11.4.2023
Crypto hosting and mining company Core Scientific (CORZ) has appointed crypto veteran Adam Sullivan as its new president, a court filing shows

Bitcoin Miner Sphere 3D Sues Partner Gryphon Digital

8.4.2023
Gryphon sent $500,000 of Sphere 3D's bitcoin to an address pretending to be its CFO

Core Scientific to transfer $20M of equipment to settle bankruptcy dispute

21.3.2023
Millions of dollars worth of electrical equipment will be transferred to the crypto miners' exclusive energy negotiator to settle a payments dispute

Core Scientific Bankruptcy Judge Approves Transfer of Over $20M of Equipment to Its Exclusive Energy Negotiator

20.3.2023
Core Scientific had stopped paying Priority Power Management in May 2022

Bitcoin Miners Are Starting to Emerge From Brutal Crypto Winter

2.3.2023
After several bankruptcies and fire sales, the rally in bitcoin’s price is providing some relief for the miners, although they may not be completely out of the woods yet

Core Scientific Bankruptcy Judge Set to Approve $70M Financing Deal From B. Riley

2.3.2023
The judge also indicated he would allow stockholders to form an official committee in the bankruptcy

Marathon Digital bungles crypto impairment sums, will reissue financials

1.3.2023
The Bitcoin miner received a letter from the SEC on Feb. 22 which highlighted accounting mistakes it made on multiple financial disclosures

Crypto Miner Core Scientific Paid More Than $1M to CEO-Affiliated Personal Jet Company

17.2.2023
The bankrupt bitcoin miner stopped making payments to the company right before it stopped paying off its debt

Core Scientific to Hand Crypto Mining Rigs to NYDIG to Extinguish $38.6M in Debt

3.2.2023
NYDIG had previously said it would object to a $70 million lifeline loan for Core if its own deal wasn't finalized

Core Scientific to hand over 27K rigs to pay $38M debt

3.2.2023
The bankrupt crypto mining firm believes that the long-term benefits outweigh the immediate loss of handing over the machines

Court permits Core Scientific to borrow $70M to replace existing loan

31.1.2023
Investment bank B. Riley is already a Core Scientific creditor and tried to provide funds before the Bitcoin miner filed for Chapter 11

Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs

31.1.2023
The Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide loans secured by cryptocurrency mining rigs. In a filing with the U.S. Securities and Exchange Commission (EX-99.1), Bankprov stated that revenue from its digital asset loan...

Bitcoin Miner Core Scientific to Borrow $70M From B. Riley

31.1.2023
The firm said the loan will enable it to replace an existing facility and give it "up to 15 months runway and significant flexibility."

Core Scientific files motion to sell over $6M in Bitmain coupons

28.1.2023
Some conditions applied to the coupons make them useless for Core Scientific's business, a court filing shows

NY law firm investigates potential 'securities fraud' at Core Scientific

10.1.2023
The investigation was prompted by a report from Culper Research, which alleged that Core Scientific had "wildly oversold" its mining and hosting businesses

Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius

4.1.2023
Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement between the two bankrupt firms. Celsius owes Core Scientific approximately $7.8 million for energy and hosting costs, as the crypto lender has been unable to make...