Generative Data Intelligence

Tag: Chapter 11

Pantera Capital Eyes $250 Million Opportunity with FTX Estate for SOL: Report

Pantera Capital is reportedly in the process of securing funds from major investors to acquire heavily discounted Solana tokens from the bankruptcy estate of...

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Core Scientific to Provide CoreWeave up to 16 MW of Data Center Infrastructure to Support AI and HPC Workloads in Long Term Hosting Contract...

Strategic extension of data center hosting business levers Core Scientific’s expertise in high value compute to broaden revenue model to customers engaged in rapidly...

Here’s the Deadline Date for FTX Creditor Claims

The official liquidator of FTX has instructed creditors to file electronic claims by May 15, 2024. The claims portal managed by PricewaterhouseCoopers (PwC) anticipates commencing...

Terraform Labs Faces SEC Scrutiny Over Suspicious $166 Million Payment: Report

In a recent filing, the U.S. Securities and Exchange Commission (SEC) has urged the Delaware bankruptcy court to reject Terraform Labs’ proposal to retain...

FTX’s Path to Redemption: Selling Anthropic Shares to Settle Debts

In a significant development for the bankrupt cryptocurrency exchange FTX, Delaware Bankruptcy Court Judge John Dorsey has approved the sale of the company’s shares...

Why WeWork’s collapse won’t spell the end of the industry

HONG KONG, Feb 22, 2024 - (ACN Newswire) - WeWork, a company once valued at US$47 billion, has filed for bankruptcy in the U.S.....

Genesis Approved to Sell $1.6B GBTC Shares – Decrypt

A U.S. bankruptcy judge has granted bankrupt crypto trading desk and lender Genesis permission to sell $1.6 billion worth of its Grayscale Bitcoin Trust...

FTX Plans To Sell Digital Custody Inc to CoinList for $500,000 After Acquiring the Firm for $10,000,000 – The Daily Hodl

Bankrupt crypto exchange FTX is planning on selling one of its subsidiaries, Digital Custody, Inc. (DCI), to CoinList at a massive discount. New court documents...

Sara Stratoberdha named new CEO of CoinDesk

Bullish, the new owner of CoinDesk, has initiated a major restructuring that includes replacing CEO Kevin Worth.  Sara Stratoberdha, the former head of business development...

US Judge Approves Sealed Settlement Between BlockFi and 3AC – Unchained

A U.S. bankruptcy judge approved a settlement resolving disputes between BlockFi and 3AC, ruling that the details should remain sealed because it would...

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