Today’s Top Crypto News, Wednesday December 21st
•Bitcoin Miner Core Scientific Files for Bankruptcy, Expects Support From Some Debt Holders– Bloomberg
“The publicly traded miner expects support from some of the holders of its convertible notes in a restructuring deal.”
•Crypto platform Paxful removes ETH from its marketplace– CoinTelegraph
“Paxful CEO Ray Youssef highlights Ethereum’s move to proof-of-stake, perceived centralization and token minting ability as reasons for the move.”
•Bitcoin’s Biggest Trade Goes From Hero Creator to Widow Maker – Bloomberg
“Grayscale Investments’ proposal to buy out certain holders of its flagship Bitcoin trust is the money manager’s latest bid to stanch losses in a fund that’s been a linchpin in the dramatic rise and fall of the cryptocurrency universe.”
