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Category BlockFi

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Crypto lending revives from the ruins of the 2022 market mania

Crypto lending revives from the ruins of the 2022 market mania

Bitcoin’s explosive rally to over $100,000 has lit a fire under the crypto lending market. After being left in tatters during the chaotic implosion...
Dec, 07, 2024
3 min read
by CryptoPolitan
California Pulls Blockfi’s Lending License, Slaps Fines After Regulatory Breach

California Pulls Blockfi’s Lending License, Slaps Fines After Regulatory Breach

The California Department of Financial Protection and Innovation (DFPI) has revoked Blockfi Lending LLC’s finance lending license for violations un...
Nov, 09, 2024
by Bitcoin News
Blockfi Receives $250M USDC Deposit, Sparking Hopes for Creditor Repayments

Blockfi Receives $250M USDC Deposit, Sparking Hopes for Creditor Repayments

Onchain data reveals that Blockfi, a now-bankrupt crypto lending firm, received a hefty $250 million deposit (1, 2) to one of its flagged addresses...
Sep, 23, 2024
by Bitcoin News
Is Blockfi repaying creditors soon? – Receives $250M from Coinbase

Is Blockfi repaying creditors soon? – Receives $250M from Coinbase

BlockFi has gained $250 in USDC through Coinbase Prime. The on-chain holdings of Block Fi now stand up to $300M. This raises the question if BlockF...
Sep, 23, 2024
< 1 min read
by CryptoPolitan
BlockFi Wins Court Approval to Fully Repay Customers and Unsecured Creditors After Nearly Two Years

BlockFi Wins Court Approval to Fully Repay Customers and Unsecured Creditors After Nearly Two Years

BlockFi, the beleaguered cryptocurrency lender, has received court approval to repay 100% of customers' funds and unsecured creditors after nearly ...
Jul, 27, 2024
3 min read
by Cryptonews