Bitcoin (BTC) miner Bitfarms has settled its debt obligations with BlockFi, closing the chapter on its short relationship with the bankrupt cryptocurrency lender. On Feb. 9, Bitfarms disclosed that it ...
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, ...
Bankrupt crypto lending firm BlockFi reportedly has plans to sell off $160 million in loans backed by around 68,000 Bitcoin mining machines as part of bankruptcy proceedings. In a Bloomberg report on ...
Bankrupt cryptocurrency lender BlockFi plans to liquidate its cryptocurrency lending platform after concluding that selling the business to a new owner wouldn’t generate enough value for its creditors ...
On Oct. 24, 2022, the Bankruptcy Court for the District of New Jersey confirmed BlockFi's Chapter 11 plan, ending its case prior to the one-year mark and paving the way for distributions to begin in ...
Mrinalini Krishna is a former Senior Editor of investing news at Investopedia. She's been a journalist for more than 10 years covering business, personal finance, and investing news. LilliDay / Getty ...
JERSEY CITY, N.J.--(BUSINESS WIRE)--BlockFi Inc. and certain of its affiliates (“BlockFi” or “the Company”) today announce that its Disclosure Statement was conditionally approved by the United States ...
A proposed $13.2 million settlement for BlockFi investors has moved closer to final approval after the last objector withdrew his challenge. This could now pave on a compensation plan for thousands of ...
Bankrupt crypto lender BlockFi wants court approval to pay bonuses to its employees. "The war for talent remains active," the company said, with employees being lured away inside and outside the ...
A $10 million pay and bonus package for staff of crypto lender BlockFi was approved today by New Jersey bankruptcy court Judge Michael Kaplan. The ruling comes after court documents revealed ...
Bankrupt crypto BlockFi will begin distributing crypto assets through Coinbase in July. Eligible account users will receive email alerts from BlockFi, with payouts taking place in phases over the next ...