Ripple acquires Hidden Road for $1.25 billion to boost institutional services.
BlockFi urges non-U.S. creditors to claim bankruptcy distributions by the approaching May 15 deadline, with only 43% having done so thus far.
Xapo Bank ventures into bitcoin-backed lending, offering USD loans up to $1 million, aiming to rejuvenate the lending sector after the downfall of Celsius and BlockFi.
Xapo Bank introduces Bitcoin-backed USD loans, catering to long-term Bitcoin holders seeking liquidity without selling their holdings.
Galaxy Digital appoints former BlockFi CEO Zac Prince to enhance crypto strategies.
Michael Novogratz's Galaxy Digital appoints Zac Prince, ex-CEO of BlockFi, to enhance its crypto offerings.
Senator Cynthia Lummis supports Trump's Bitcoin reserve proposal amidst a backdrop of BlockFi's license revocation, Caroline Ellison's sentencing, and Crypto.com's scrutiny in Poland.
Following Trump's win, Bitcoin reached a new ATH with altcoins like Solana and SHIB also seeing growth. France investigates Polymarket, and California suspends BlockFi's license.
California revoked Blockfi's lending license and imposed fines for breaching regulations, including failure to assess borrowers' repayment ability.
California DFPI has permanently revoked BlockFi's lending license due to unsafe lending practices and violations. BlockFi agreed to surrender its license during bankruptcy, highlighting increased regulatory scrutiny in the crypto lending sector.
California's DFPI has revoked BlockFi's license due to unsafe lending practices following a prolonged investigation. BlockFi, now bankrupt, was found guilty of regulatory violations, including inaccurate loan interest presentation and inadequate borrower credit assessment. The DFPI prioritizes consumer protection, marking BlockFi's conclusion in California's lending market.
BlockFi's license has been permanently revoked in California after a two-year bankruptcy period due to regulatory violations, as investigations into its lending practices conclude, prioritizing consumer recovery.
California has revoked BlockFi's lending license due to unsafe practices, two years after the company declared bankruptcy.
BlockFi, a bankrupt crypto lending firm, transferred 12,067 ETH, valued at $31.69 million, to Coinbase Prime on October 30, marking a considerable transaction in the crypto sector.
Blockfi receives $250 million in USDC from Coinbase Prime to aid in post-bankruptcy recovery efforts.
Blockfi, a bankrupt crypto lending firm, received a $250M USDC deposit from Coinbase Prime, raising hopes for creditor repayments.
BlockFi and FTX have reached a settlement which marks a significant step in bankruptcy proceedings, with creditors expected to receive funds by August.
The article discusses the legal uncertainties and financial turmoil caused by the bankruptcies of major crypto platforms like Celsius, FTX, and BlockFi, highlighting the unpredictable changes in legal rights and responsibilities during these events.
BlockFi wins court approval to fully repay customers and unsecured creditors after nearly two years of financial turmoil and legal battles.
BlockFi plans to repay 100% of eligible client claims with US clients receiving funds within 90 days and international clients facing longer wait times due to regulations. US clients need a Coinbase account by August 23, 2024.
BlockFi clients may receive 100% of eligible claims from FTX claims proceeds.
BlockFi, a bankrupt crypto lender, successfully sold its FTX claims, ensuring 100% distribution to creditors.
BlockFi has sold its FTX-related claims, moving closer to completing its bankruptcy process and distributing funds to creditors.
BlockFi ensures full repayment to qualified creditors by successfully selling its FTX claims, a key milestone before filing for bankruptcy.
BlockFi ensures 100% recovery for customers through successful FTX claims sale and partnership with Coinbase. Hedge fund Diameter Capital profits from the process.
BlockFi will fully reimburse its customers after the FTX collapse, according to a new distribution plan.
BlockFi confirmed the sale of its FTX claims as it nears the end of its bankruptcy proceedings.
BlockFi, a bankrupt crypto company, announced that the sale of FTX claims has been approved as the bankruptcy process nears completion.
BlockFi has advanced in its bankruptcy process by securing a premium sale of FTX claims, moving closer to final customer repayment.
