Tag: bankruptcy

Genesis goes bankrupt – everything you need to know

Genesis goes bankrupt – everything you need to know

Genesis Global Capital officially filed for bankruptcy after it failed to raise capital. As a result, investors fear another market selloff.
Another bankruptcy edging closer – crypto market can’t catch a break

Another bankruptcy edging closer – crypto market can’t catch a break

Genesis, a subsidiary of Digital Currency Group, is unsuccessfully looking for funding that could rescue the troubled crypto firm.
New victim of crypto winter – Core Scientific goes bankrupt

New victim of crypto winter – Core Scientific goes bankrupt

The company officially filed for Chapter 11 bankruptcy protection as the market cap of Core Scientific's stock is down 98% from its peak.
Bitcoin miner Core Scientific is on the brink of bankruptcy

Bitcoin miner Core Scientific is on the brink of bankruptcy

Core Scientific, one of the biggest publicly traded crypto mining firms, ran into trouble this year. The stock dropped 78% in one day.
Hodlnaut as another crypto lender flopped

Hodlnaut as another crypto lender flopped

Hodlnaut is another crypto lender that flopped among Terra, Celsius, and 3AC collapse. Withdrawals have been temporarily suspended.