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Chapter 11 bankruptcy protection – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Wed, 25 Jan 2023 19:04:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Chapter 11 bankruptcy protection – DIGIT INFO https://www.digit.info 32 32 Unredacted Financial Documents Show Blockfi’s $1.2 Billion Connection With FTX, Alameda Research  https://www.digit.info/unredacted-financial-documents-show-blockfis-1-2-billion-connection-with-ftx-alameda-research/ Wed, 25 Jan 2023 19:04:50 +0000 https://www.digit.info/2023/01/25/unredacted-financial-documents-show-blockfis-1-2-billion-connection-with-ftx-alameda-research/ Read more]]> Unredacted Financial Documents Show Blockfi's $1.2 Billion Connection with FTX, Alameda Research Unredacted documents mistakenly sent to the bankruptcy court indicate that the now-defunct crypto lender Blockfi had more than $1.2 billion tied up with FTX and Alameda Research. The accidentally revealed documentation shows that Blockfi’s exposure to the bankrupt crypto firm FTX was more than what the company had previously disclosed. Unredacted Documents Reveal Blockfi’s $1.2 […]

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Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius https://www.digit.info/core-scientific-to-shut-down-37000-bitcoin-mining-rigs-belonging-to-bankrupt-crypto-lender-celsius/ Wed, 04 Jan 2023 22:30:47 +0000 https://www.digit.info/2023/01/04/core-scientific-to-shut-down-37000-bitcoin-mining-rigs-belonging-to-bankrupt-crypto-lender-celsius/ Read more]]> Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender CelsiusCore Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement between the two bankrupt firms. Celsius owes Core Scientific approximately $7.8 million for energy and hosting costs, as the crypto lender has been unable to make regular payments as outlined in the hosting contract. Celsius […]

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Crypto Incidents Involving Exit Scams, Hacks, and Code Exploits Reach Record Low in December 2022 According to Certik https://www.digit.info/crypto-incidents-involving-exit-scams-hacks-and-code-exploits-reach-record-low-in-december-2022-according-to-certik/ Tue, 03 Jan 2023 13:04:50 +0000 https://www.digit.info/2023/01/03/crypto-incidents-involving-exit-scams-hacks-and-code-exploits-reach-record-low-in-december-2022-according-to-certik/ Read more]]> Crypto Incidents Involving Exit Scams, Hacks, and Code Exploits Reach Record Low in December 2022 According to CertikAccording to blockchain security company Certik, the number of cryptocurrency incidents involving exit scams, hacks, and code exploits in Dec. 2022 was the lowest monthly figure of the year. Certik noted that the combined incidents amounted to $62.2 million “lost to exploits, hacks, and scams.” Record Low Cyber Attacks in December 2022 Result in $62.2 […]

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