Crypto lending platform BlockFi is out of bankruptcy, allowing most Wallet customers to withdraw their assets, with international users now included. BlockFi plans to enable withdrawals for BlockFi Interest Account…
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BlockFi creditors now gets closure with partial refund of their locked funds approved. Overall liquidation and repayment is still dependent on legal battles with FTX and 3AC. In the latest…
According to the filing with the US Securities and Exchange Commission (SEC), SBF purchased a 7.6 percent stake in Robinhood in May 2022. Robinhood has stated that it would try…
The firm claimed its net losses were slightly manageable compared to the other months of 2022. In a statement earlier this month, Silvergate maintained strong confidence in the crypto industry…
Former FTX CEO Sam Bankman-Fried and ex-FTX CTO Gary Wang took out four loans from Alameda Research totaling $546.4 million to acquire shares in Robinhood Markets Inc. According to the…
According to the customary motion filed, BlockFi is seeking approval to continue operation while the bankruptcy proceeding is going on. BlockFi has also filed a lawsuit against Bankman-Fried’s holding company…
BlockFi will stop welcoming new clients in the U.S and pay $100 million in a settlement with the SEC that could be completed as soon as next week. The company…
The Bitcoin Mining Council (BMC) has produced a report contesting the mainstream media narrative of BTC mining being energy extensive and environmentally unfriendly. BTC mining takes up 0.12 percent of…
The New Jersey Bureau of Securities seeks to stop BlockFi Interest Account (BIA), in New Jersey as of July 22, 2021. The New Jersey Attorney General’s office claims BlockFi has…
BlockFi intended to send the users their bonus payments in U.S dollars but instead ended up sending the payments in BTC with exposure at $10 million. It has requested the…
JERSEY CITY, N.J.—January 8, 2020—BlockFi, a crypto-financial services company evolving the digital asset ecosystem by building financial products specifically for cryptocurrencies, announced today support for USD Coin (USDC) and Litecoin…
Decentralized finance, crypto-based loans and crypto interest accounts are among the most exciting developments on the market. In the following interview we talked to David Spack, chief compliance officer of…