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
$115,418.45+1.89%
Ethereum24h
$4,160.78+2.93%
BNB24h
$1,172.86+3.36%
XRP24h
$2.63-0.64%
Solana24h
$200.16+1.30%
Dogecoin24h
$0.2033+0.71%
TRON24h
$0.3000+0.33%
Cardano24h
$0.6773+0.75%
Hyperliquid24h
$47.38-0.99%
Chainlink24h
$18.48+0.91%
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.
-
CHART: Strategy’s BTC growth slows to multi-year low—by Protos Staff
-
Is Trezor’s ‘quantum-ready’ wallet a marketing stunt?—by Protos Staff
-
Could a hostile takeover be the end of the line for Nakamoto?—by Protos Staff
-
Ripple’s new XRP treasury falls flat on first trading day—by Protos Staff
-
Crypto traders consider lawsuits after $600B market meltdown—by Protos Staff
-
Tether co-founder’s new coin STBL is already down 80%—by Protos Staff
-
100 days later: is Pump Fun airdrop still ‘coming soon’?—by Protos Staff
-
Coinbase hacker panic-sold ETH during market crash at a $4.5M loss—by Protos Staff
-
Garlinghouse says Ripple doesn’t control XRP — history suggests otherwise—by Protos Staff
