#BLOCKFI News

Investors unfazed by Q1 crypto funding decline
techcrunch.com Crypto-focused venture capital investors are trucking along in their work. Many remain confident in their investing strategies despite an enervated first-quarter market for…

Polls suggest Elizabeth Warren’s anti-crypto army strategy may not pay off
cointelegraph.com The United States Senator for Massachusetts Elizabeth Warren is making her “anti-crypto” agenda one of the centerpieces of her re-election campaign, despite polls suggesting…

Polls suggest Elizabeth Warren's anti-crypto army strategy may not pay off
cointelegraph.com The United States Senator for Massachusetts Elizabeth Warren is making her “anti-crypto” agenda one of the centerpieces of her re-election campaign, despite polls suggesting…

The Ghost Of FTX: Bankrupt Exchange Haunts Customers With Phantom Debit Card Deliveries
forbes.com Like that ex who just won’t go away, FTX is finding ways to pop up in people’s lives — most recently, through the delivery of its branded debit cards. It’s like the…

What You Can And Can’t Trust In Crypto
beincrypto.com Over the past year, some of the crypto world’s biggest companies have collapsed, from Celsius and Voyager to BlockFi and FTX. The one constant in all these failures has been…

$13 Billion In Silicon Valley Bank Bailout Money Went To Just 10 Accounts
dailywire.com Federal Deposit Insurance Corporation Chairman Martin Gruenberg revealed on Monday that the firm guaranteed as much as $13.3 billion in uninsured deposits for the 10 largest…

BlockFi To Reimburse Over $100K To California Customers
bitcoinist.com BlockFi, a bankrupt crypto lender, has agreed to provide refunds totaling over $100,000 to its California customers who continued to repay loans despite a trading suspension…

Should Traders Trust a Crypto Exchange Launched by Bankrupt Hedge Fund Founders?
beincrypto.com Three Arrows Capital founders Su Zhu and Kyle Davies are launching a new exchange called OPNX. But can, and should, traders trust it? To put it mildly, Su Zhu and Kyle…

New EU Money Laundering Law Will Not Ban Crypto Payments
coinspeaker.com Coinspeaker New EU Money Laundering Law Will Not Ban Crypto Payments The European Union (EU) is set to vote on a new set of Anti-Money Laundering (AML) laws that may impose…

Bankrupt BlockFi to refund over $100K to California clients
coinjournal.net BlockFi filed for Chapter 11 bankruptcy on November 28. Some Califonia users continued to repay their loans between November 11 and November 22 Users were not notified until…

BlockFi to Reimburse Californians With Over $100,000
cryptopotato.com The cryptocurrency lending platform – BlockFi – agreed to provide more than $100,000 in refunds to Californian customers affected by the firm’s collapse. The former giant in…

BlockFi to Repay Over $100,000 to California Clients, Here’s Why
coinspeaker.com Coinspeaker BlockFi to Repay Over $100,000 to California Clients, Here’s Why Bankrupt crypto lender BlockFi has accepted to pay back a total of $103,471 in refunds to its…

BlockFi to provide over $100K in refunds to California clients
cointelegraph.com Bankrupt crypto lender BlockFi has agreed to refund more than $100,000 to California customers that had continued to repay loans even after a trading halt on Nov. 10 last…

BlockFi will refund $100K to California users
cryptoslate.com The bankrupt crypto lending platform BlockFi will provide refunds to California-based customers, according to a March 27 report from state regulators. The Department of…

Bankrupt Crypto Lender BlockFi to Refund More Than $100K to California Clients
coindesk.com BlockFi has approved a request to distribute $103,471 in refunds through its servicer to its California clients, the state’s Department of Financial Protection and…

First Citizens Bank Enters Deal With FDIC to Buy Silicon Valley Bank
decrypt.co First Citizens Bank will take on the deposits and loans of the failed Silicon Valley Bank, the U.S. Federal Deposit Insurance Corporation (FDIC) said on Monday. The deal…

States Are Rejecting Seemingly Pro-Bitcoin Legislation
bitcoinnews.com The backlash against the UCC’s Article 12 has led to a firestorm among politicians who believe they are rejecting CBDCs. But these reforms represent a boon to Bitcoin,…

Bankrupt BlockFi sues FTX’s Sam Bankman-Fried over Robinhood shares
euronews.com Cryptocurrency lender BlockFi is reportedly suing Emergent Fidelity Technologies, the company of FTX’s embattled founder Sam Bankman-Fried for how it used its shares in…

Foreign doors open for crypto as US cracks down
semafor.com The international competition could set off a regulatory race to the bottom in an industry with volatile assets and sometimes opaque operations. Germany, Italy, United Arab…

Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of $4.7M of Mining Rigs
coindesk.com The federal bankruptcy court administering the case of BlockFi has green-lit the sale of nearly 6,400 mining rigs for $4.7 million to U.S. Farms & Mining Opportunity Fund,…

BlockFi to sell $4.7 million of physical mining assets amid bankruptcy
theblock.co A bankruptcy judge approved the sale of bankrupt lender BlockFi's mining machines and other physical assets for $4.7 million. The assets were sold to a party called U.S.…

Crypto Payment Platform Shuts Down Due to Issues In Banking System
bitcoinist.com The crypto space has seen several shocking incidents recently. There have been enforcement actions, crypto hacks, and the sudden closure of 3 crypto-friendly banks;…

New York Community Bank Will Acquire Signature
blockworks.co A subsidiary of the New York Community Bankcorp, Inc. has entered an agreement to purchase Signature Bank, the Federal Deposit Insurance Corporation (FDIC) said in a press…

Five big stories this past week, from Arbitrum airdrop to Coinbase perps
theblock.co The past week was busy in the crypto world, with five major stories making headlines. Ethereum Layer 2 Arbitrum announced a schedule of its long-awaited token airdrop. The…