An upcoming Bitcoin (BTC) hash rate-backed product that could offer 10%–13% returns shouldn’t be compared to failed products by BlockFi or Celsius, as its returns come from proof-of-work, not “Ponzi ...

BlockFi, a provider of digital asset solutions, formally announced the closure of a $50 million Series C to be used for wealth management and digital asset investment initiatives. What Happened: On ...

NEW YORK, March 6 (Reuters) - Bankrupt crypto companies FTX and BlockFi have resolved their disputes stemming from the companies' collapses in 2022, with FTX agreeing to pay BlockFi up to $874 million ...

Web3 lending platform Maple Finance has announced the launch of a direct lending program, according to a June 28 fact sheet from the platform’s development team. The program is intended to replace ...

BlockFi says they have engaged Coinbase (NASDAQ:COIN) as their distribution partner to ensure continuity of crypto withdrawals available to their eligible BlockFi Interest Account (BIA), Retail Loan, ...

A U.S. judge ordered the end of an automatic stay on proceedings between bankrupt crypto firms FTX and BlockFi, meaning the two can start negotiating a claims settlement. BlockFi, a lender, filed for ...

BISMARK – North Dakota Securities Department announced that a digital-asset financial services company, BlockFi Lending LLC (BlockFi), agreed to settlement terms related to the offer and sale of ...

Before Sam Bankman-Fried's FTX crypto empire blew up in November 2022, he acted – in an industry lacking a conventional backstop like the Federal Reserve – as the savior of a couple hobbled companies, ...

NEW YORK (Reuters) - Crypto lender Celsius Network has scaled back its post-bankruptcy business plans to focus only on bitcoin mining, citing U.S. regulators' skepticism of its other planned business ...

Co-founder and CEO of BlockFi Zac Prince exits court in New York City on October 13, 2023.. Photo: Getty Images The collapse of FTX last November hastened the bankruptcies of other crypto firms that ...

Coinbase Global Inc. (NASDAQ:COIN) has unveiled a new cryptocurrency lending service for U.S. institutional investors, aiming to step in where companies like BlockFi Inc. and Genesis Global stumbled.