BlockFi deposits billions of dollars at Silicon Valley Bank BlockFi Deposits With Silicon Valley Bank BlockFi, a crypto asset (virtual currency) lending service that is undergoing bankruptcy proceedings, was found on the 10th to have deposited a large amount of funds with the bankrupt Silicon Valley Bank (SVB), raising concerns among investors. After that, it […]
US Bankruptcy Court Approves BlockFi’s Employee Retention Program Compensation programs for employee retention The New Jersey bankruptcy court approved an employee retention program for BlockFi, a crypto asset (virtual currency) lending service that is undergoing bankruptcy proceedings, on the 28th. BlockFi can now offer bonuses to remaining senior employees. Judge Michael Kaplan said the move
BlockFi to sell 20 billion yen worth of bitcoin mining machine BlockFi Sells Loan Bonds It was revealed on the 24th that BlockFi, a crypto asset (virtual currency) lending service company that is undergoing bankruptcy proceedings, is proceeding with the sale of 20 billion yen ($160 million) in loan receivables. The deadline for competitive bidding,
