Other

"Crypto-Mining Data Center Compute North Files for Bankruptcy Protection"

2022-09-22 [vendor] Compute North bankruptcy
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

  1. 2022-09-22 Breach occurred
  2. 2022-09-22 Publicly disclosed