Bankrupt Crypto Lending Platform BlockFi Faces Potential $227 Million Loss in Uninsured Funds at Silicon Valley Bank – What’s Going On?

Image source: Yahoo Finance Bankrupt crypto lender BlockFi has $227 million in uninsured funds stuck in…

Circle, BlockFi may have exposure to Silicon Valley Bank; other firms deny exposure

Ad California-based Silicon Valley Bank (SVB), a unit of SVB Financial Group, has been shut down,…

Silvergate to return $9.85M deposit to BlockFi

Ad Silvergate Bank has been ordered to return $9.85 million to BlockFi as part of the…

BlockFi files to dismiss SBF’s Emergent company bankruptcy case

Ad Bankrupt crypto lender BlockFi has asked the court to dismiss a bankruptcy case filed by…

BlockFi permitted to auction mining equipment

BlockFi has gained permission in bankruptcy court to sell its cryptocurrency mining equipment, Bloomberg reported  Jan.…

BlockFi permitted to pay $10M in staff bonuses in spite of bankruptcy

Bankrupt crypto lending firm BlockFi has been granted court permission to pay nearly $10 million in…

Unredacted BlockFi financials show over $1.2B link to FTX, Alameda

BlockFi had over $1.2 billion in assets linked to bankrupt FTX and Alameda Research, according to…

BlockFi plans to sell $160M worth of BTC miner-backed loans

Crypto lender BlockFi — having filed for bankruptcy weeks after the collapse of FTX — is…

BlockFi creditors appeal court to redact their information

BlockFi creditors want the court to redact their personal information, according to a Jan. 10 court…

BlockFi promises breakdown of finances as bankruptcy hearing proceeds

BlockFi said publicly that it will file a financial breakdown soon following progress in its Jan.…

BlockFi Wallet may reopen; Vitalik calls XRP centralized; Judge state Craig Wright is ‘dishonest’: CryptoSlate Wrapped Daily

The biggest news in the cryptoverse for Dec. 15 includes BlockFi, Viltalik, XRP, Greenridge, Ukraine war…

BlockFi confirms move to allow BlockFi wallet users access to funds

BlockFi released a statement on Dec. 20 confirming a motion filed in relation to BlockFi wallet…

BlockFi one step closer to opening withdrawals

Bitcoin deep dive: 15M BTC in self-custody as Binance withdrawals peak, derivatives switch to ‘risk-off’ A…

Following BlockFi Bankruptcy, This Company Just Revealed Its Exposure to the Firm – NEXO Next?

Image source: Yahoo Finance The crypto-friendly US-based bank Silvergate had less than $20m in exposure to…

Bankrupt Crypto Firm BlockFi Sues FTX Founder Sam Bankman-Fried For $580 Million

Source: AdobeStock / phonlamaiphoto Bankrupt crypto lender BlockFi is suing FTX‘s founder Sam Bankman-Fried to seize…

Bitcoin Price and Ethereum Regain Upward Momentum; BlockFi Files for Bankruptcy

Despite the market’s ongoing fear, the leading cryptocurrency, Bitcoin, is rebounding above the psychological level of $16,000…

BlockFi Files for Bankruptcy – Crypto Briefing

Key Takeaways BlockFi has filed for Chapter 11 bankruptcy protection and will attempt to restructure its…

Bitcoin Languishes Near $16K as BlockFi Bankruptcy Keeps Crypto Credit Contagion Concerns in Focus

US-based cryptocurrency lending and borrowing platform BlockFi, formerly one of the biggest in the cryptocurrency space,…

Blockfi becomes another victim of the FTX collpase with bankruptcy filing

The FTX downturn is gradually spreading to more cryptocurrency firms as BlockFi is the next firm…

FTX Fallout Continues: Visa Dumps FTX, BlockFi Still Suspended, Crypto.com Skirts a Bank Run

Key Takeaways Visa has announced that it will break off its partnership with FTX following the…

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