BlockFi Inc. said Monday it won’t be hurt by the collapse of Silicon Valley Bank and has plenty of cash to cover expenses in ...
But that was before a crypto winter set in late that year and cooled the total value, or market cap, of the largest 100 cryptocurrencies by about 70% from a year earlier. The fled ...
BlockFi marks another crypto firm with exposure to Silicon Valley Bank, after a recent audit indicated that USDC issuers Circle has capital tied up there.
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 ...
According to a lawyer representing the bankrupt crypto lender BlockFi Inc., the company is in a stable financial position with access to ample cash reserves, despite having over $200 million in ...
BlockFi still has cash access in spite of its significant holdings at collapsed California lender Silicon Valley Bank (SVB), a federal bankruptcy court in New Jersey was told Monday. In a Friday ...
On this special episode of our weekly podcast, On The Merits, we hear what it’s like to be an attorney managing the downfall ...
Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection, it said on Monday, the latest crypto casualty after the firm was hurt by exposure to the spectacular collapse of the ...
Christine Okike, a lawyer representing BlockFi at its bankruptcy hearing, claimed that BlockFi is not in immediate danger and has sufficient funds to continue operating normally. According to a ...
