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Tag: NYDIG

Crypto Mining Firm Greenidge Generation Hints at Potential Bankruptcy

Another crypto mining firm is in trouble. This time, the alleged victim is Greenidge Generation (GREE), which has hinted that it could file bankruptcy...

Crypto Miners Aren’t Giving Lenders Their Money Back

Of all the people or companies in the crypto space, lenders likely have it worse than anyone or anything. They are the ones giving...

Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas

After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow...

The State of Bitcoin Development in 2022: NYDIG

The Bitcoin-focused investment group, New York Digital Investment Group (NYDIG), released a report in September examining how Bitcoin’s protocol has managed to attract...

Core Scientific Files for Bankruptcy Protection, Firm Plans to Continue Mining Bitcoin to Pay Down Debt

On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in...

Bitcoin Miner Greenidge Says Continued Viability in ‘Substantial Doubt’

Another crypto miner may be teetering towards bankruptcy.Bitcoin miner Greenidge announced that there is “substantial doubt” about its capacity to continue as a business,...

Bitcoin Miner Greenidge Generation Reaches Debt Restructuring Deal With NYDIG

Greenidge Generation, a bitcoin miner operating in New York, has reached a restructuring agreement for the $74.4 million debt with its lender, NYDIG.The restructuring...

Trading Shares Of Bitcoin Miner Argo Blockchain Suspended

On Friday, the trading of shares of Argo Blockchain (NASDAQ: ARBK) was suspended in both the U.S. and U.K.Particular reasoning for the suspension was...

NYDIG Analyzed The FTX Collapse And Its Implications. What Did We Learn?

It’s time for NYDIG to chip in. The FTX fiasco is the theme of the month in the crypto world, and the show’s just...

One-third of Staff Laid Off in Digital Investment Group NYDIG: WSJ

New York-based digital investment group NYDIG laid off nearly a third of its workforce, about 110 people in total, according to the Wall Street Journal,...

Latest in Crypto Hiring: Kraken, dYdX Foundation and BlockFi Add Execs

Latest in Crypto Hiring: Kraken, dYdX Foundation and BlockFi Add Execs ...

NYDIG Lays Off a Third of Its Staff: Report

NYDIG Lays Off a Third of Its Staff: Report ...

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