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Bankruptcy
Marathon Digital Downgraded on Headwinds From Compute North’s Bankruptcy
Global financial services firm BTIG's Gregory Lewis has downgraded bitcoin miner Marathon Digital's stock from "buy" to "neutral" following headwinds from Compute North's bankruptcy filing. "The Hash" hosts discuss what this means for Marathon Digital and the state of bitcoin mining.
Troubled Data Center Compute North Struggled With Crypto Winter. Then Its Relationship With a Major Lender Soured
The company was financed by Generate Capital, which seized the data-center operator’s assets.
Bitcoin Miner Marathon Digital Downgraded at BTIG on Headwinds From Compute North’s Bankruptcy
Marathon Digital’s primary mining hosting provider, Compute North filed for Chapter 11 protection Thursday afternoon.
Celsius Shareholders File to Stake Their Claim for Bankruptcy Payouts
A motion filed by lawyers says the Celsius bankruptcy is “all about the customers” and “without regard for the equity holders.”
Washington State Joins Celsius Bankruptcy Case as Interested Party
The state’s move continues a trend of state-level regulators moving faster than the feds on regulating crypto.
Compute North Files for Bankruptcy as Crypto-Mining Data Center Owes up to $500M
The company's CEO stepped down earlier this month and its COO will serve as the president.
Celsius Network Might Be Planning to Turn Its Debt Into Crypto ‘IOU’ Tokens
In a leaked audio file, Nuke Goldstein, the firm's co-founder and chief technology officer, detailed a potential plan to issue wrapped tokens representing the debt to customers.
Crypto Exchanges Binance and FTX Have Both Bid Roughly $50M for Voyager’s Assets: Report
Binance’s current bid is slightly higher than FTX’s, according to sources who spoke to the Wall Street Journal.
Crypto Lender Voyager Digital Seeks to ‘Unwind’ $200M Loan to Alameda Research
Alameda, a firm run by FTX founder Sam Bankman-Fried, had said it is "happy to return" the loan to the firm that's now in bankruptcy.
Binance’s Attempt to Buy Voyager Digital’s Assets Complicated by National Security Concern: Sources
A Binance spokesman said “xenophobia” is underlying talk of a possible review by a key U.S. government panel that examines foreign takeovers.
