Core Scientific reveals $434 million loss in Q3 | Invezz

Core Scientific reveals $434 million loss in Q3 | Invezz

Core Scientific (NASDAQ: CORZ), a publicly traded crypto miner that’s facing increased possibility of bankruptcy, has revealed a $434 million loss for the period ending September 30, 2022. The Bitcoin miner shows in a filing with the US Securities and Exchange Commission (SEC) that its third quarter losses stood at $434,792,000 at the end of …

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Singapore’s Temasek writes off $275 million FTX investment | Invezz

Singapore’s Temasek writes off $275 million FTX investment | Invezz

Crypto news about FTX continue to dominate headlines, with the latest being from Temasek, a Singaporean sovereign wealth fund that says it’s written off its entire investment in bankrupt crypto exchange. The state-owned holding company, which announced this on Thursday, noted that the exposure to FTX via the investment accounted for a negligible percentage of …

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