Cryptocurrency
FTX, Alameda reach settlement with crypto lender BlockFi, will pay up to $874m
[ad_1] FTX and Alameda have settled their disputes with BlockFi, agreeing to pay the firm up to $874 million, subject to court approval. Bankrupt…
Tag: blockfi
Cryptocurrency
BlockFi to start settling debts with creditors after successful exit from bankruptcy
[ad_1] BlockFi has announced its emergence from bankruptcy and is initiating plans to repay creditors, marking a significant turnaround after last year’s challenging halt…
Cryptocurrency
Crypto Contagion Lesson For Lenders: Stay Out Of Bitcoin Mining
[ad_1] “Contagion” is the most popular word in crypto after the disastrous fallout of the past year. And dominos keep falling as investors painfully…
Cryptocurrency
Sen. Sherrod Brown Urges Janet Yellen To Develop Legislation To Regulate Crypto Industry Following FTX Implosion
[ad_1] Sen. Sherrod Brown (D-Ohio) made a plea to the Treasury Department on Wednesday to draft legislation that would set up surveillance and regulatory…
Cryptocurrency
Crypto Lender BlockFi Files For Bankruptcy
[ad_1] BlockFi has filed for chapter 11 bankruptcy, according to a press release. The lending platform is the latest victim of contagion within the…
Cryptocurrency
Bankrupt Crypto Lender Celsius Could Leave Customers Last In Line To Get Paid
[ad_1] Alex Mashinsky, chief executive officer of Celsius NetworkPhotographer: Dania Maxwell/Bloomberg © 2018 Bloomberg Finance LP What Happened Earlier this month, crypto lender Celsius…