Tag: BlockFi
BlockFi Most Likely to Pay SEC First, Crypto Lawyer Says
Sasha Hodder, founder of Hodder Law Firm, discusses why the SEC may get paid before retail investors and the low probability that traders will ever ge [...]
BlockFi Joins the Bankruptcy Parade
Like (so far) every other crypto company, BlockFi has filed for Chapter 11 bankruptcy protection, indicating it believes it can continue onwards after [...]
BlockFi Has $355M in Crypto Frozen on FTX, Attorney Confirms
BlockFi filed for bankruptcy Monday, after weeks of speculation about the company’s solvency after it paused withdrawals earlier in November. The lend [...]
Bitcoin shrugs off BlockFi, China protests as BTC price holds $16K
Bitcoin (BTC) held crucial $16,000 support into Nov. 29 as bulls weathered ongoing FTX fallout and macro triggers.BTC/USD 1-hour candle chart (Bitstam [...]
BlockFi bankruptcy filing triggers a wide range of community reaction
As crypto lending platform BlockFi filed for bankruptcy, members of the crypto community reacted with mixed feedback as another platform fell during t [...]
Silvergate denies recent FUD, confirms minimal exposure to BlockFi
Institutional crypto services provider Silvergate Capital has confirmed its minimal exposure to the embattled BlockFi crypto lending firm.On Nov. 28, [...]
BlockFi sues FTX’s Bankman-Fried over shares in Robinhood
Newly-bankrupt crypto lending platform BlockFi has filed a lawsuit against Sam Bankman-Fried’s holding company Emergent Fidelity Technologies seeking [...]
Crypto Bank Silvergate Says Its BlockFi Digital Asset Deposit Exposure Totals Less Than $20M
"BlockFi is not a custodian for Silvergate’s bitcoin-collateralized SEN Leverage loans, which to date have continued to perform as expected with zero [...]
BlockFi Files for Bankruptcy Protection, MakerDAO Rejects $500M Proposal to Invest in Bonds and BTC Slides
The MakerDAO community rejected a proposal to use up to $500 million of the stablecoin USDC to invest in bonds with crypto investment firm CoinShares. [...]
BlockFi files for bankruptcy, as many expected, cites FTX collapse for its troubles
BlockFi announced on Nov. 28 that it has filed for Chapter 11 bankruptcy. The filing in the United States Bankruptcy Court for the District of New Jer [...]
FTX Fallout Continues as Crypto Lender BlockFi Declares Bankruptcy
The company announced it was filing for Chapter 11 bankruptcy protections, indicating it hoped to restructure, continuing operations in the meantime. [...]
BlockFi reportedly mulling bankruptcy, SALT pauses withdrawals and deposits
In an official update sent to clients on Nov 14, BlockFi admitted to having “significant exposure” to FTX and its affiliated companies, but insisted i [...]
Crypto Lender BlockFi Preps For Possible Bankruptcy Filing After FTX's Woes: WSJ
BlockFi has paused withdrawals and customer deposits.
www.coindesk.com [...]
Crypto Lender BlockFi Updates Users on Platform, FTX Exposure
As for chatter that all or even a majority of BlockFi's assets were held in custody – and therefore tied up for potentially a long time and perhaps ev [...]
BlockFi denies rumors that majority of its assets were held on FTX
Crypto lender BlockFi issued an official notice to its clients on Nov. 14 denying rumors that the majority of its assets were on FTX prior to the exch [...]