Bitcoin News / Bitcoin.com - 1 week ago
The California Department of Financial Protection and Innovation (DFPI) has revoked Blockfi Lending LLC’s finance lending license for violations under California’s Financing Law (CFL). Blockfi agreed to the revocation and to halt certain practices de...
Cryptocoins News / Finance Magnates - 2 weeks ago
The California Department of Financial Protection and Innovation (DFPI) has now permanently revoked the license of bankrupt crypto lender BlockFi, two years after initially suspending it.An Array of ViolationsAnnounced yesterday (Friday), the state r...
Bitcoin News / Bitcoin.com - 1 month ago
Onchain data reveals that Blockfi, a now-bankrupt crypto lending firm, received a hefty $250 million deposit (1, 2) to one of its flagged addresses, as reported by Arkham Intelligence. The news was shared on X at 12:43 p.m. EDT on Monday. “Bloc...
Cryptocoins News / Finance Magnates - 2 months ago
Global prime brokerage firm BlockFills has entered
into a partnership with New Change FX (NCFX) to introduce
NCFX’s benchmark data and analytics to BlockFills’ platform.Crypto Market InsightsAccording to the official announcement, the
integration pro...
Cryptocoins News / Finance Magnates - 3 months ago
The bankruptcy estate of the now-collapsed crypto lending platform BlockFi announced yesterday (Thursday) its plans to return “100 percent” of the distressed clients’ claims. However, it will calculate the value of the claims based on the date of the...
Bitcoin News / Bitcoinist - 3 months ago
Crypto lending company BlockFi, which filed for bankruptcy in 2022 following the collapse of crypto exchange FTX, announced on Monday the successful sale of its FTX claims. This marks another step towards completing BlockFi’s bankruptcy process...
by COINS NEWS - 3 months ago
From the article: "BlockFi was among the first victims of the contagion caused by the collapse of crypto exchange FTX in early November 2022. The crypto lender filed for Chapter 11 bankruptcy protection on Nov. 28, 2022, less than a month...
Bitcoin News / Bitcoin.com - 4 months ago
Crypto lender Blockfi announced that it will begin interim crypto distributions via Coinbase this month. U.S. clients will receive notifications, while non-U.S. clients face regulatory restrictions. Blockfi, which filed for bankruptcy protection in N...
Bitcoin News / Bitcoinist - 4 months ago
Bankrupt crypto lending platform BlockFi recently announced that repayments for customers who didn’t complete the withdrawal process through the platform will begin this month. Following the web platform’s shutdown in May, the interim crypto distribu...
by COINS NEWS - 4 months ago
Ok so I received a notice from the IRS today that requires information from 2022 end of year forms regarding Blockfi, and of course, this happens 30 days after the platform shuts down. I had no indication that I would need these documents until liter...
by COINS NEWS - 6 months ago
Before I begin, yes I was one of those bozos that had bitcoin with Blockfi. But at least it was less than half of what I owned. I received an email recently stating I can now move my assets to another wallet. I've tried several times with 2 diffe...
Bitcoin News / Bitcoinist - 6 months ago
BlockFi, a centralized crypto lender, recently shut down its web platform and selected Coinbase as its distribution partner for customer fund withdrawals. The move comes as BlockFi aims to ensure a swift transition for eligible customers following th...
Bitcoin News / Bitcoin.com - 6 months ago
The now-defunct crypto lender Blockfi is officially shutting down the firm’s web portal this month according to an update from the firm. Blockfi said that it has partnered with Coinbase to help facilitate the execution of withdrawals to eligible Bloc...
Cryptocoins News / Finance Magnates - 7 months ago
BlockFills,
the provider of digital asset trading technology and liquidity solutions, has
announced a strategic integration with Centroid Solutions' institutional-grade
connectivity platform, Centroid Bridge. This
collaboration aims to provide broker...
by COINS NEWS - 8 months ago
With the repayments starting to kick in, there will be a mighty wave of phishing emails wanting your crypto. Make sure the email sender is legit Make sure the website is legit Make sure you are actually owed something! Reference your previous communi...