Core Scientific

"CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today, as Kamala Harris showed love to digital assets in her first remarks to donors in NYC. Plus, U.S. SEC approved the list of physically settled options tied to BlackRock's spot Bitcoin ETF, and Canaccord initiated coverage of Core Scientific with a buy rating.

23 sep 2024

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Vice President Kamala Harris has chosen Minnesota Governor Tim Walz, as her running mate for the upcoming election. Plus, Jump Trading allegedly moved $29 million in ether, and Core Scientific's shares surged on a new deal with CoreWeave.

7 aug 2024

"CoinDesk Daily" host Helene Braun breaks down the biggest headlines impacting the crypto industry today, as trading platform Robinhood announced on Tuesday that it has agreed to acquire crypto exchange Bitstamp for $200 million in cash. Plus, Core Scientific has rejected the more than $1 billion buyout offer from cloud computing firm CoreWeave and Binance can once again allow Mastercard users to purchase crypto on the exchange.

6 jun 2024

Core Scientific CEO, Adam Sullivan, weighs in on the general sentiment towards crypto after the hype in 2021 and contagion in 2022. "People are still feeling the angst," Sullivan said.

15 apr 2024

Core Scientific CEO Adam Sullivan joins CoinDesk to discuss the state of bitcoin mining in the U.S. and the impact of the upcoming halving on the industry. Plus, why he envisions miners will diversify their business beyond mining ,and insights into AI's influence on the power sector.

15 apr 2024

Core Scientific CEO Adam Sullivan shares his vision for the future of bitcoin mining. "The future of bitcoin mining looks much more decentralized on a site-by-site basis, and it's going to be a lot more power strategy based," Sullivan said.

15 apr 2024

Hut 8 Mining has secured up to $50 million in loans from Coinbase Credit to fund its operations. Jaime Leverton, CEO of the North American digital asset miner, joins "First Mover" to discuss working with Coinbase Credit and what the loans will be used for. Plus, Leverton's insights on the state of crypto mining and outlook on bitcoin (BTC) as major players like Compute North and Core Scientific have previously filed for chapter 11 bankruptcy protection.

28 jun 2023

Bitcoin miner Core Scientific will shut down mining rigs tied to Celsius Mining after a U.S. bankruptcy judge approved the motion to reject its contract. Both companies are undergoing Chapter 11 bankruptcies. Plus, courts in Iran have ordered the government to return thousands of seized crypto mining rigs, according to local media reports.

4 jan 2023

Core Scientific (CORZ), one of the largest bitcoin (BTC) miners by computing power, filed for bankruptcy protection on Wednesday and reached a deal with some of its lenders to restructure its debt. "The Hash" panel discusses the latest fallout of crypto winter.

21 dec 2022

Sam Bankman-Fried's FTX empire has $1.2 billion in cash as of Nov. 20, far below the $3.1 billion it owes its top 50 creditors. Fidelity should reconsider allowing retail clients exposure to bitcoin in their retirement accounts in light of the FTX collapse, said three Democratic senators in a letter on Monday. Bitcoin miner Core Scientific (CORZ) ended October with $32.2 million in cash and 62 BTC ($975,000), reiterating it may run out of money before the end of the year.

22 nov 2022