Core Scientific moves for September bankruptcy exit, expects $46M boost
Core Scientific said favorable market conditions have increased its liquidity position and its bankruptcy restructuring plan has been revised.
Core Scientific said favorable market conditions have increased its liquidity position and its bankruptcy restructuring plan has been revised.
The Arrington Capital-backed consortium outbid NovaWulf to acquire Celsius Network’s assets, while the Blockchain Recovery Investment Consortium serves as backup.
Bitcoin bears benefit from the current macroeconomic uncertainty and are aiming for a $270 million profit if the BTC price falls below $25,000.
Quantum computers cannot mine Bitcoin faster than classical computers, but they have the potential to do so in the future.
The charges relating to Sam Bankman-Fried’s alleged bank fraud, operating an unlicensed money transmitter service and bribing Chinese officials may be dropped.
BTC price action sees weakness a day from the May monthly close, with Bitcoin analysts closely monitoring bid liquidity.
Osaka may or may not have been Satoshi’s home, Binance has moved in, the city hosted Devcon 5, and there’s finally a Bitcoin ATM again!