Bitcoin (BTC) $80,466.08 5.34%
Ethereum (ETH) $2,422.11 7.83%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 96.326362 6.01%
Chainlink (LINK) $11.56 7.60%
Cardano (ADA) $0.20 7.17%
Litecoin (LTC) $56.17 6.23%
Dash (DASH) $49.43 10.74%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.34212 4.75%
X-Cash (XCASH) 3.0E-6 0.00%
Dogecoin (DOGE) $0.00 6.63%

Cryptocurrencies: 30358

Markets: 109486

Market Cap: $2,690,561,703,467

24h Vol: $90,429,152,435

Coin Edition

2022-12-21 17:57:00

Core Scientific Files for Chapter 11 Amid Crypto Winter

Core Scientific Files for Chapter 11 Amid Crypto Winter

With the effects of the harsh winter crypto season rising, share prices of bitcoin mining companies are still below BTC. Core Scientific, one of the largest crypto-mining companies, is filing for Chapter 11 bankruptcy in Texas. According to a report by CNBC, Core Scientific’s market capitalization had fallen to $78 million on Tuesday, and the The post Core Scientific Files for Chapter 11 Amid Crypto Winter appeared first on Coin Edition .

Advertise on Cryptela

Latest News

2 Best Cloud Mining Platforms for 2023-Thanksgiving Day Rewa...

2023-11-23 06:45:00
MELB: The Community-Powered Gem of Minelab's AI-Driven Crypt...

2023-11-09 15:06:00
FinDaS Launches Innovative Products to Empower Crypto Startu...

2023-10-12 17:08:00
GlobaleCrypto: Leading the Charge in User-Centric Cloud Mini...

2023-09-07 10:08:00
U.S. lawmakers argue SEC accounting policy places crypto cus...

2023-03-03 05:56:35
Binance USD market cap falls below $10B amid rising regulato...

2023-03-03 05:34:39

Videos

Cardano: What is Cardano (ADA)? Explained!
How to buy Bitcoin (BTC) from Binance?
Ripple XRP: What is Ripple XRP? EXPLAINED!
Ethereum Classic (ETC): What is Ethereum Classic (ETC)? EXPLAINED!