BlockFi blames FTX for bankruptcy but lets bitcoin mining debt slide
Alongside the $275 million from FTX, BlockFi is also owed $54 million from bitcoin miner Core Scientific — but it hasn’t called in that debt.
Bitcoin24h
$106,033.57+0.50%
Ethereum24h
$2,446.91+0.85%
XRP24h
$2.19+1.16%
BNB24h
$643.52+0.43%
Solana24h
$145.79+0.66%
TRON24h
$0.2738+0.25%
Dogecoin24h
$0.1657+0.66%
Cardano24h
$0.5871+0.69%
Hyperliquid24h
$37.38-2.60%
Sui24h
$2.79-1.20%
BlockFi faces heavy losses from its loan to Core Scientific
Core holds 24 bitcoin and $26.6M in cash but has more than $1B in outstanding liabilities, including an $80M loan from BlockFi.
-
Bitcoin dev wants to ban 3,000 Knots nodes amid OP_RETURN clash—by Protos Staff
-
Circle execs and VCs misread the market — it cost them $2B—by Protos Staff
-
Five tricks to using investor funds to buy bitcoin—by Protos Staff
-
Crypto casino Luckio under fire for shady code, $500K influencer deals—by Protos Staff
-
Circle grows faster than Tether this year—by Protos Staff
-
What happened to WBTC on TRON?—by Protos Staff
-
Bitcoin rally stalls despite corporations, funds buying billions—by Protos Staff
-
Justin Sun’s new stock SRM rallied 67% before Tron merger news—by Protos Staff
-
US prosecutors say Tornado Cash witnesses will ‘waste jury time’—by Protos Staff
