Crypto lender BlockFi is kaput. The platform, which offered high yields on crypto deposits, has filed for bankruptcy protection. It’s the latest company to fall after the catastrophic collapse of FTX.

BlockFi says they have engaged Coinbase (NASDAQ:COIN) as their distribution partner to ensure continuity of crypto withdrawals available to their eligible BlockFi Interest Account (BIA), Retail Loan, ...

Many small investors who piled into cryptocurrencies on FTX, BlockFi and other platforms are recognizing the perils of investing in an unregulated industry. By Matthew Goldstein In early November, ...

The bankrupt crypto companies have resolved their disputes for nearly $1 billion, which could lead to full recovery for BlockFi’s customers. Bankrupt crypto firms BlockFi and FTX have reached an “in ...

BlockFi, the beleaguered cryptocurrency lender, has received court approval to repay 100% of customers’ funds and unsecured creditors after nearly two years of financial turmoil and legal battles. The ...

BlockFi’s claim that it can produce an 8.6% return on investment simply for storing your coins on their platform is undoubtedly enticing. Banks won’t even give an APY greater than 1% for most savings ...

Bankrupt crypto BlockFi will begin distributing crypto assets through Coinbase in July. Eligible account users will receive email alerts from BlockFi, with payouts taking place in phases over the next ...

On November 28, 2022, BlockFi filed for Chapter 11 bankruptcy protection following FTX's catastrophic implosion. The company's bankruptcy filing stated it has more than 100,000 creditors, along with ...