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Celsius Network Announces Court Approval of Reorganization Plan
Celsius Network has received court approval for its Plan of Reorganization, which aims to transform the company into a creditor-owned bitcoin mining firm, with over 95% creditor support, and aim for a 2024 Chapter 11 emergence.
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Venezuela Shuts Down Crypto Mining Operations
Venezuela has closed down crypto mining facilities as part of a national crypto department reorganization and corruption investigation into the country's oil company, PDVSA.