Core Scientific drops 10% after $400 million convertible senior note offer

The bankruptcy plan explained that holders of allowed debtor-in-possession claims would receive full and final satisfaction of their claims. 648 Total views 15 Total shares Bankrupt Bitcoin (BTC) miner Core Scientific filed its Chapter 11 bankruptcy plan.The plan was filed in the United States Bankruptcy Court for the Southern District of Texas Houston Division. The…

Morgan Rockcoons, also known as Morgan Rockwell, has pleaded guilty to two cryptocurrency-related charges in San Diego federal court this week. Rockcoons admitted both to selling land he didn’t have for a crypto city project dubbed “Bitcointopia” and to operating a money transmitting business without a license, daily news outlet the Los Angeles Times (LA…

Previously only available on the Ethereum blockchain, the DEX will now operate on both Shibarium and Ethereum.

A record "organic" price valuation based on long-term investors paves the way for uncharted price territory for Bitcoin, the statistician says. Bitcoin (BTC) has already hit an all-time high this week, according to one price measurement from popular statistician Willy Woo.In a series of tweets on Oct. 27, Woo added to his recent bullish prognoses…

BTC price holds its weekend gains as Larry Fink confirms that he is no longer a Bitcoin “skeptic.”

The Singapore government, along with an array of the world’s major financial and manufacturing companies, has formed an alliance to promote the adoption of digital technologies in trade and commerce.According to a press release shared with Cointelegraph on Jan. 22, the government of Singapore, the International Chamber of Commerce (ICC) and 16 other companies including…

Daniel Larimer, former chief technology officer of Block.one and a co-founder of Block.one and Steemit, has revealed his next project, called Clarion.The project is meant to become a mobile-first decentralized social media platform, supporting all types of social features like personal messaging via text and video, publishing content to followers or having Discord-like voice chat…

Metaplanet, a Japanese Bitcoin treasury company, has purchased an additional 150 Bitcoin (BTC), bringing it one step closer to its plan of acquiring 21,000 BTC by 2026. The March 18 purchase cost an aggregate 1.88 billion yen ($12.6 million) or $83,671 per Bitcoin. The purchase brings Metaplanet’s total holdings to 3,200 BTC worth $261.8 million

Since May 10, as much as 236,237 Bitcoin (worth $5.452 billion) has been sold by “large institutions” — mostly as a result of forced selling. A Twitter thread from Arcane Research analyst Vetle Lunde details how and when many institutional Bitcoin holders began selling their stacks. Lunde stated that “it all started with Do Kwon.” The…