BlockFi, a cryptocurrency lending and trading platform, has continued operations despite the collapse of its banking partner,Silicon Valley Bank (SVB). BlockFi has informed a New Jersey bankruptcy court that it has access to cash to operate normally, including paying employees…
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BlockFi Petitions the U.S. Bankruptcy Court to Let Clients Withdraw From Blocked Accounts
BlockFi, the bankrupt cryptocurrency lender, has petitioned the United States Bankruptcy Court to allow clients to withdraw cryptocurrencies held in their BlockFi Wallet Accounts. Step Closer to Client Refunds This request has no effect on withdrawals or transfers from BlockFi…
BlockFi Denies Rumors that FTX has Big Chunk of Its Assets.
The recent FTX collapse has shaken investors’ confidence in the cryptocurrency space and the fear is not surprisingly spreading to other companies. BlockFi, a crypto trading and lending company, is now being hounded by reports that FTX and Alameda have…
What is BONK? The Viral Sensation With Staggering 25,000% Returns in Cryptocurrency
In the ever-evolving world of cryptocurrency, where innovation and unpredictability go hand in hand, one project has emerged as a true sensation—BONK. Born out of a Christmas airdrop to the Solana community during a brutal crypto winter, BONK has skyrocketed…
Safeguarding Your Bitcoin: Best Practices for Secure Storage and Protection of Digital Assets – From CT Analyst
In the world of Bitcoin, security is paramount. Millions of Bitcoins have been lost due to improper storage on exchanges like FTX, BlockFi, or MtGox. To ensure the safety of your BTC, it is crucial to transfer it to your…
Former Cantor Executives Introduce Crypto Lending Platform for Bitcoin ETFs
Tokenet, a cutting-edge crypto-lending platform, has emerged as a formidable player in the financial services industry. With the potential approval of a spot Bitcoin exchange-traded fund (ETF) in the United States, Tokenet anticipates a surge in institutional clients seeking its…
Core Scientific seals $77M Bitmain deal for 27K Bitcoin mining rigs
The agreement, which was initially settled in August, involved Bitmain, a cryptocurrency mining hardware manufacturer with a global reputation for its innovative mining equipment, and Core Scientific, a crypto mining company facing bankruptcy due to a series of challenges. This…
Watch out! This is How Former Coinbase Employees Raised $8 Million For a Crypto Startup
The crypto lending sector is far from its best, and some people don’t have any hope for the sector coming to its best. So, former Coinbase employees are trying to bring some decorum to the sector by creating their own…
Uncovering Bhutan’s Covert Bitcoin Mining Operations
Nestled in the Himalayas, Bhutan has been silently building its own Bitcoin mining operation using the abundant hydroelectric power generated by the region’s glacier-fed rivers. Though discussions around this project have taken place since 2020, it wasn’t until recently that…
Hong Kong plans to make crypto purchase and trading legal for all of its citizens
While United States is struggling to give a clear legislation to crypto companies and pushing them away from the boundaries with hefty fines, Hong Kong legislators plans to make crypto available to all its citizens starting June 1st. This will…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
