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 ...

Bitcoin miner Bitfarms (BITF) might have already, or may in the future, stop making installment payments on a $20 million loan from bankrupt crypto lender BlockFi, effectively defaulting on the loan, ...

Bankrupt crypto lender BlockFi, which was caught in the contagion of FTX and declared bankruptcy days after the exchange's collapse, has reached an "in principle" agreement with the estates of FTX and ...

Crypto lending firms including Genesis and BlockFi are cutting the interest rates they pay on large-scale bitcoin deposits, potentially signaling an end to the glorified 4% to 6% levels that have ...

Tensions have escalated between the BlockFi Creditors Committee and the beleaguered digital asset lender's management, with the former rebuffing BlockFi's assertion that it fell victim to FTX and ...

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 ...

Kyle Torpey has been writing about Bitcoin since 2013. His work has been featured in Fortune, Bitcoin Magazine, Wired UK, and many other media outlets. He has also attracted more than 50,000 followers ...

Bitcoin lending is back on the rise, but with some changes. The collapse of Genesis, Celsius, and BlockFi in 2022 sent painful ripples across the crypto industry. These firms led the charge for ...

BlockFi made a massive blunder that resulted in the crypto lending and trading platform accidentally sending out large sums of Bitcoin (CCC:BTC-USD) to some users. The platform was running a promotion ...

Bankrupt crypto lender BlockFi had left $227 million at Silicon Valley Bank, which was shut down on March 10 by a federal regulator. Accessing the unprotected funds BlockFi left at the failed bank ...