You are currently viewing BTC Miner Core Scientific faces cash crunch, lost $1.7 Billion in 2022 |  Curated CoinCodeCap #23 November 2022 |  by CoinmonksTeam |  Coinmonks |  Nov, 2022

BTC Miner Core Scientific faces cash crunch, lost $1.7 Billion in 2022 | Curated CoinCodeCap #23 November 2022 | by CoinmonksTeam | Coinmonks | Nov, 2022

Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.

While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of keyboard warriors. Here’s what happened to the market yesterday:

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He who hath named a stadium, shall be the first to go and crypto.com is right behind FTX it seems. As if there’s not enough bad news around, Crypto.com FUD is swirling around social media. Similar to FTX, crypto.com is all about super-aggressive marketing and of course sketchy attitude. As Kris Marszalek, the CEO assured everyone on CNBC (oh boy) that the company is doing fine, the signs are telling otherwise. Oh and for the last nail in the coffin, Changpeng Zhao has warned everyone against a possible FTX-like collapse. With that, if you lose the ability to withdraw assets from crypto.com, maybe Larry David can make a funny episode on Curb Your Enthusiasm. Remember when Matt Damon said “Fortune Favors the Brave” promoting the CRO token on the super bowl ad? Well, CRO is down 40% in one month! KeepReading »

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BTC Miner Core Scientific, in its quarterly report filed with the United States Securities and Exchange Commission (SEC), has disclosed that its total net losses for 2022 stand at $1.71 billion. KeepReading »

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Sydney-based crypto mining firm Iris Energy states that it is defaulting on a $108 Million loan that will shut down 3.6 EH/s of its mining capacity. In its official statement, Iris Energy added that its mining capacity remains at 2.4 EH/s which includes 1.1 EH/s of hardware in operation and around 1.4 EH/s of rigs in transit/pending deployment. KeepReading »

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South Korean authorities probing Terraform Labs have frozen around $104.4 million from co-founder Shin Hyun-Seong based on suspicion of unfair profits. According to local media reports, the Seoul Southern District Court froze the allegedly stolen funds until further investigations are under way. KeepReading »

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Number of Sales showed an overall decrease throughout the week. The highest of this metric was recorded on the 11th of October which was 22.2K. And the lowest of this metric was recorded at the end of the week on the 16th of October, which was 14.1K.

RLC Price Analysis November 2022

RLC is a token of the platform iExec. Its current price is around $0.5693 at the time of writing, with a low of $0.5693, and it has a market cap of $1.17 million. KeepReading »

FIDA Price Analysis November 2022

FIDA is a token of the platform BONFIDA. Its current price is around $0.7586 at the time of writing, with a low of $0.1976, and it has a market cap of 33 million dollars. KeepReading »

BCH Price Analysis November 2022

BCH is a token of the platform Bitcoin Cash. Its current price is around $105 at the time of writing, with a low of $88.29, and it has a market cap of 2 billion dollars. KeepReading »

APT Price Analysis November 2022

APT is a token of the platform Aptos Labs. Its current price is around $4.57 at the time of writing, with a low of $3.60, and it has a market cap of 594 million dollars. KeepReading »

Top 3 Crypto to Buy the Dip in November 2022

Amid the recent market crash, we have chances that bitcoin might be bottoming out, hence this can be the last opportunity to grab some of the cryptocurrencies at their lowest. Therefore, here’s a list of the three best crypto assets that you can buy during the dip. KeepReading »

Top 3 Gaming Crypto To Buy In October 2022

The gaming industry has been growing rapidly, and it’s expected to grow even more. Many crypto projects are targeting this market, and they’re all trying to take their share of the pie. Many cryptocurrencies are dedicated to gaming, and it can be difficult to choose which ones to invest in. The top three gaming cryptocurrencies are AXS, WEMIX, and MANA. KeepReading »

Top 10 DeFi Tokens to Buy this Month, October 2022

Investing in DeFi tokens can be complicated and time-consuming. But by buying them with BitYard exchange, investors can easily avoid the hassle. The process is quick, and users can start investing in various tokens with just a few clicks. KeepReading »

Top 5 Metaverse Tokens to Buy in Fall of 2022

A metaverse is a digital world that is created with the use of computer technology. The term has been used to describe everything from virtual reality worlds to mobile phone games. KeepReading »

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