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Corz
OpenAI’s $40B Raise Calms Market Jitters, Sends CoreWeave and AI Tokens Higher
AI tokens, including NEAR, ICP, TAO and RENDER rose on Tuesday after OpenAI announced the closing of its record-breaking private funding round the day prior.
Bitcoin Miner Core Scientific Shares Spike After Signing $2B of Additional Computing Contract
The extension of the previous deal with CoreWeave brings total revenue potential for the miner to more than $6.7 billion.
Bitcoin Miner Core Scientific Files for Chapter 11 Bankruptcy
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.
US GDP Expands 2.6% in Q3; Core Scientific’s Shares Plummet After Bankruptcy Warning
The U.S. economy rose in the third quarter after two consecutive months of contraction. Shares of the world's largest bitcoin miner, Core Scientific (CORZ), plummeted to as low as 23 cents after the firm warned it could enter into bankruptcy. CFTC Commissioner Christy Goldsmith Romero said crypto echoes the risks of the 2008 financial crisis.
Bitcoin Miner Core Scientific Shares Plunge After Bankruptcy Warning
The world's largest bitcoin miner, Core Scientific (CORZ), warned that it may have to explore bankruptcy if it fails to improve its financial condition. The warning sent its shares down 77% to as low as 23 U.S. cents. "The Hash" team discusses what this means for the bitcoin mining industry and its community.
