Tag: Blockfi

BlockFi Plans to Sell $160 Million Worth of Loans for Bitcoin Mining

In the midst of its bankruptcy proceedings, cryptocurrency lender BlockFi is attempting to sell $160 million in debts backed by bitcoin mining equipment. Due...

In Light of the Crypto Winter, Bybit Will Reduce Staff by 30%

In an effort to refocus its operations in the face of a "deepening bear market," cryptocurrency exchange Bybit will make another round of staff...

Crypto Bank Silvergate Claims That Their Exposure to Blockfi Digital Asset Deposits is Less Than $20 Million

In a late-Monday press release, Silvergate Capital (SI) stated that fewer than $20 million of its total deposits from all digital asset customers as...