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 ...
This week’s Crypto Biz looks at BlockFi’s emergence from bankruptcy, BlackRock’s spot Bitcoin ETF developments, Worldcoin’s operator payment scheme upgrades and more. Crypto lender BlockFi announced ...
California's financial watchdog strips BlockFi of its lending license, citing a spree of compliance violations. BlockFi faces a $175,000 fine waived by regulators to prioritize consumer fund recovery ...
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 ...
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 ...
Bitcoin fell below $30,000 for the first time since Jun. 22 dragging other digital coins lower. Even with the plunge bitcoin is up 2% for the year, according to CoinDesk data In this article The price ...