Ex-CEO and founder of BlockFi Zac Prince has spoken out about the crypto lender’s insolvency and his future ambitions for the business and himself. Among the most noteworthy points brought up by Zac Prince was the update about the bankruptcy process’s effectiveness. His decision to be silent up to this
BlockFi reportedly transferred nearly $50 million worth of digital assets, including a sizable Chainlink (LINK) position, to leading exchange Kraken. The 2.4 million LINK tokens shifted, worth over $48.37 million, have sparked discussion around the potential price impact ahead. On-chain monitor EmberCN revealed that alongside tokens like UNI, AVAX, and
Chennai, 15 January 2024 —The second edition of NC BlockFiesta, India’s premiere Web3 conference of 2024, emerged as a resounding success in Chennai on Saturday, unleashing a dynamic wave that attracted 400 attendees, comprising industry trailblazers and the exuberant web3 community at the luxurious Hilton Chennai. Held against the backdrop
As the countdown accelerates for NC BlockFiesta— India’s premiere Web3 conference, the excitement reverberates. NC Global Media, a prominent Dubai-based blockchain media and marketing agency, reveals an intricately crafted agenda poised to ignite NC BlockFiesta 2024 edition at Hilton Chennai, India on January 6, 2024. NCBlockFiesta’24 : A Rendezvous of
BlockFi Creditors Encouraged to Vote in Favor of BlockFi’s Chapter 11 Plan by September 11, 2023 Plan Maximizes Recovery for Clients and Provides for the Quickest Possible Distributions to Clients The Official Committee of Unsecured Creditors Supports the Plan JERSEY CITY, N.J.–(BUSINESS WIRE)–BlockFi Inc. and certain of its affiliates (“BlockFi”
For the time being, Insolvent crypto lender BlockFi will be able to put off paying a $30 million penalty to the U.S. Securities and Exchange Commission. A $50 million settlement with the regulator was reached in February of 2022, and this is the remaining balance. Court documents filed on June
The partnership will provide qualified institutions with seamless access to BlockFills’ deep liquidity across spot and derivative markets CHICAGO–(BUSINESS WIRE)–BlockFills, a market leader in digital asset trading technology and liquidity provision services, announced its partnership with Wyden, a leader in institutional digital asset trading technology capable of managing the entire
BlockFi, a digital asset ledger obtained court permission on May 11, 2023. The permission includes giving back $297 million to users who are non-interest-bearing accounts and not to those who moved their payments just a minute ago. BlockFi has undergone bankruptcy last year and the founder credentials of the user
A bankruptcy court in New Jersey ruled on Wednesday that the cryptocurrency platform BlockFi Inc. has until the middle of the next month to submit its Chapter 11 or reorganization plan. The court ruled that a little delay was acceptable to ensure the case’s smooth continuation. Representing BlockFi, attorney Joshua
NC Global Media announces the upcoming destination of NC BlockFiesta’23. The Dubai-based media agency is taking the blockchain-centric education drive to Ethiraj College For Women, the regional college with a 75-year history of sustaining careers and training young minds, in Chennai. Saliently, this is the second event in the NC
