Bitcoin24h $88,171.22+0.79%

Ethereum24h $1,583.28-3.74%

XRP24h $2.08-2.34%

BNB24h $601.63-0.53%

Solana24h $139.23-1.01%

Dogecoin24h $0.1619-0.06%

TRON24h $0.2477+1.32%

Cardano24h $0.6268-2.57%

Chainlink24h $13.06-3.74%

UNUS SED LEO24h $9.19-2.40%

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.

Alameda bought this obscure OTC desk to handle FTX banking

HiveEx, an over-the-counter trading desk, was purchased by Alameda Research in 2020 and then used to accept deposits for FTX.

While decentralization is one of crypto’s main tenets, it’s likely that more centralization could have stopped the fall of crypto giant FTX.

The bank is also facing a drastic drop in revenue after the White House once again froze student loan payments.

Situated in the middle of nowhere, small-time Farmington State Bank was taken over by Sam Bankman-Fried in March. Here’s what we know.