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.
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.
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Is Peter Thiel’s inner circle behind the Satoshi Nakamoto pseudonym?—by Protos Staff
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Chinese users appear to bypass Binance KYC thanks to help from Binance—by Protos Staff
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Coinbase execs have sold 9 times more stock than they’ve bought in 2023—by Protos Staff
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Did Justin Sun’s diplomatic immunity get revoked?—by Protos Staff
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What’s up with TrueUSD and the rest of TrustToken’s stablecoins?—by Protos Staff
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Blame the Fed: David Sacks and the VC who cried bank-run—by Protos Staff
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Alameda co-chief Caroline Ellison got 75% less in bonuses than male counterpart—by Protos Staff
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How Raoul Pal’s Real Vision left its audience in the dark—by Protos Staff
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HiveEx, Genesis Block, and SBF’s trading desk network—by Protos Staff