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Latest News News

Bankrupt Crypto Lender BlockFi Initiates First Round of Customers Reimbursement

BlockFi to start interim crypto reimbursement to customers via Coinbase in July 2024. Non-US clients are currently ineligible for distributions.

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Latest News News

US Court Gives A Green Light To FTX and BlockFi To Begin Settlement Discussions

A U.S. court has opened the door for BlockFi to proceed with its efforts to recover $1 billion in losses.

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Tokenet, A New Crypto Lending Service, Launched In Partnership With Anchorage Digital

Digital Prime Technologies launched Tokenet, a crypto lending service for institutions. Anchorage Digital will provide “segregated, on-chain vaults” for the.

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Latest News

Bankrupt Crypto Lender BlockFi Moves Closer to Customer Repayment

BlockFi, the cryptocurrency lending platform that filed for bankruptcy, has received approval to initiate the repayment process for its customers.

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Bitcoin News

Crypto Market Rollercoaster: Bitcoin Dips Below $26,000, Altcoins Follow Suit as Regulatory Tensions Rise

In a dramatic morning for crypto enthusiasts, Bitcoin’s value plunged beneath the $26,000 mark, with Ether struggling to keep above.

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Blockchain News

Circle and BlockFi Questioned on Banking with SVB by Warren and AOC

Two members of Congress investigating the alleged “mutual backscratching arrangements” with the now-defunct Silicon Valley Bank questioned executives at the.

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Latest News

BlockFi to provide over $100K in refunds to California clients

Bankrupt crypto lender BlockFi has agreed to refund more than $100,000 to California customers that had continued to repay loans.

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Coinbase, Binance Suspend USDC Conversions as Dollar Peg Wobbles

Binance and Coinbase, two of the largest cryptocurrency exchanges, announced on Friday night that they will temporarily suspend USDC conversions.

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Blockchain News

Silvergate Bank Run Sees Cryptocurrency Investors Flight to Stablecoins

As the bank approaches the brink of collapse, crypto-friendly Silvergate is seeing a mass flight of its client base in.

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Latest News

Silvergate Suspends Silvergate Exchange Network as Company Reels From crises

Friday marked the beginning of Silvergate’s suspension of its Silvergate Exchange Network due to what the company referred to as.

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