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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Tether executives have brushed shoulders with crime since its inception—by Protos Staff
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Floor price of Stoner Cats NFTs up 250% after SEC action—by Protos Staff
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Soulja Boy and Austin Mahone lose to SEC, Justin Sun still to respond—by Protos Staff
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Fortress Trust says ‘no loss of funds’ as its customers’ crypto was stolen—by Protos Staff
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X keeps 99% of ad revenue from most creator payouts—by Protos Staff
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David Bailey accuses Barry Silbert of using customer funds to pump GBTC—by Protos Staff
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Joseph Bankman warned Scaramucci about FTX—by Protos Staff
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Family office Nima Capital unofficially exits from Synapse token—by Protos Staff
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Another Binance executive jumps ship amid regulatory woes—by Protos Staff
