Bitcoin Titans’ Battle: Core Scientific vs. Celsius Network’s $4.7M Claim
Bankrupt Bitcoin miner Core Scientific objects to a $4.7M claim from Celsius Network, arguing it owes them $11M and counting.
Tag: Core Scientific
Core Scientific Appoints New President Amid Bankruptcy
Core Scientific appoints new President to tackle crypto market challenges
Bitcoin mining company loses $500,000 in fraud attack: Sphere 3D sues Gryphon Digital for damages
Bitcoin mining firm Sphere 3D sues partner Gryphon Digital for alleged fraud - implications for Bitcoin and the broader cryptocurrency industry. #crypto #fraud #lawsuit
Core Scientific Files for Bankruptcy: The Impact on the Bitcoin Mining Industry
Bitcoin mining company Core Scientific has filed for Chapter 11 bankruptcy, citing decreased revenue due to the decrease in the value of bitcoin and slow reaction time of hashrate to market changes. The company hopes to restructure through negotiations with creditors, but it remains to be seen if it will…
