Tag: BlockFi

BlockFi Owed Alameda Research $800M, Leaked Report Reveals

A CNBC report claims that BlockFi has over $800 million in loans to Alameda Research and $416 million in assets connected to the...

BlockFi Seeks Urgent Approval for Employee Retention Plan

Bankrupt crypto lender BlockFi is willing to offer certain employees a 10% to 50% retention bonus as it seeks to prevent a...

BlockFi to Unveil Assets & Liabilities Statement This Week

Bankrupt cryptocurrency company BlockFi announced that it would publish financial information on Wednesday. The info will cover assets, liabilities, and payments made before...

Customer Funds Safe Despite BlockFi, FTX Exposure

The CEO of Silvergate has reassured customers that their funds are safe, but many remain wary. The company had exposure to both BlockFi...

Ripple Blames SEC for BlockFi Collapse – Revelations Emerge

Ripple blames the SEC for BlockFi’s bankruptcy, as the crypto lender sues Sam Bankman-Fried for his Robinhood shares. Crypto lender BlockFi filed for bankruptcy...

BlockFi Files for Bankruptcy as FTX Contagion Spreads

BlockFi, the exchange that provided lending services along with cryptocurrency trading, filed for Chapter 11 protection today. BlockFi Inc and its eight subsidiaries became...

BlockFi Halts Withdrawals Citing Lack of Clarity Regarding FTX

Crypto lending firm BlockFi is the latest to limit customer activity on its platform. Fearing a major liquidation event, the company has halted...

BlockFi Relaunches Crypto Yield Product After Paying $100M Fine to SEC

Crypto lending platform BlockFi has launched its crypto yield product once more after having had to shut it down following an SEC settlement...