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Tag: core scientific

FTX-Linked Crypto Custodian Prime Trust Files for Bankruptcy Protection

Prime Trust – a once-leading cryptocurrency custodian – filed for Chapter 11 bankruptcy protection in Delaware approximately two months after the Nevada Financial...

Discovery Education and its Corporate Partners Offering Free Resources for Families to Keep Learning Alive All Summer 

Charlotte, NC ) — To keep students engaged in learning while on summer break, Discovery Education and select partners have created free dynamic digital...

US Bitcoin Miner Core Scientific Files Joint Chapter 11 Plan

Holders of the allowed debtor-in-possession claims (DIP) for the bankrupt Bitcoin miner Core Scientific will receive full and final satisfaction of their claims, the company said...

What Does Last Year’s IPO Class Have To Teach 2023’s Public Market Hopefuls?

Last year, tech IPOs slowed to a plodding walk. In 2023, they’re down to a crawl. The outlook for tech IPOs isn’t much...

Core Scientific adds 900 more mining machines on behalf of LM Funding

What is CryptoSlate Alpha?CryptoSlate Alpha is a membership designed to empower you with cutting-edge insights and knowledge, built on top of Access Protocol. More...

Core Scientific to Send $20M Worth of Mining Equipment to Settle Payment Dispute

The United States Bankruptcy Court for the Southern District of Texas ordered Core Scientific to transfer approximately $20.8 million worth of mining equipment...

VCs as Keepers: The Rise of Investor Network Participation

by Caleb Tebbe & Alan Curtis Evolution of the value-add investor Over the last few years there has been record high amounts of venture capital raised...

Bitcoin’s price gains this year bring needed relief to cash-strapped crypto mining industry

The recovery of Bitcoin prices since the start of the year has brought some breathing space to the companies that mine the world’s largest...

Top tech startup news for today Tuesday, February 21, 2023: Coinbase, Hypercraft, Sasol, Soylent, and Twitter

Good evening! It’s a super light news day so we’re not going to cover much ground today. With that, below are some of the...

Coinbase posts a $557 million loss; revenue tumbles 75% in the fourth quarter as crypto investors move their digital assets out of the exchanges

Coinbase, the biggest cryptocurrency exchange in the US, reported another quarterly loss today after it posted a $557 million loss in the fourth quarter....

CleanSpark Buys 20000 New Bitcoin Miners to Boost

CleanSpark, a Bitcoin miner, is expanding its mining capacity in the United States by purchasing 20,000 additional Antminer S19j Pro+ machines for a total...

Publicly Listed Bitcoin Mining Companies Show Steady Increase in Hash Rate

According to a new analysis from Hashrate Index, the first production update of 2023 from publicly listed Bitcoin (BTC) mining companies reveals a consistent...

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