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"Crypto-Mining Data Center Compute North Files for Bankruptcy Protection"
Primary Source ↗Incident Details
Compute North has filed for Chapter 11 bankruptcy, in what may be a blow to the crypto mining industry. Compute North is a major datacenter provider, and have deals with crypto mining companies including Marathon Digital, Compass Mining, and others. Compute North had just raised $385 million in February through a Series C equity round and debt financing.
Technical Details
- Initial Attack Vector
- Protocol collapse / insolvency
- Vendor / Product
- Compute North bankruptcy
Timeline
- 2022-09-22 Breach occurred
- 2022-09-22 Publicly disclosed