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Search Results for: BlockFi

NC Global Media’s First Edition of NC BlockFiesta’23 Successfully Concludes

NC Global Media’s NC BlockFiesta documents an insightful kick-start to the 2023 series. The neo-blockchain education drive had a successful start at the SIMATS School of Engineering in Chennai on February 1. Remarkably, the event succeeded in amplifying the blockchain wave amid 250 passionate college tech scholars towards cutting-edge blockchain

February 2, 2023 2 mins read

Journey of NC BlockFiesta’23 All Set to Begin at SIMATS Chennai

Dubai-based NC Global Media’s NC BlockFiesta is beginning its new chapter of 2023 with its third edition from SIMATS School of Engineering in Chennai on the 1st of February. SIMATS Deemed University, previously known as Saveetha University, is one of the top-tier educational institutions in the city. The university has

January 31, 2023 2 mins read

BlockFi Got Approval to Set UP Auction of Crypto Mining Assets

Due to the FTX breakout, the crypto lending platform BlockFi filed for chapter 11 bankruptcy protection on November 28, 2022. On Monday, the company got approval from the United States Bankruptcy Court for the District of New Jersey to hold an auction for its crypto-mining assets. The company wants to

January 31, 2023 2 mins read

BlockFi Reportedly Has Around $1.2 Billion Exposure to FTX

According to unaltered financial data that was accidentally posted on Tuesday, insolvent crypto lender BlockFi is connected to SBF’s FTX and Alameda Research to the tune of around $1.2 billion. Moreover, according to CNBC, the January 14 confidential financial data shows that BlockFi filings comprise a loan to Alameda of

January 25, 2023 1 min read

FTX Loan Washed Out $800M in BlockFi Executives Equity

BlockFi, a cryptocurrency lender, has revealed its revenue figures. The filing describes the consequences of an FTX loan in June on 13 BlockFi executives. BlockFi’s equity interests were wiped out by a total of $800 million as a result of the loan. A statement of financial affairs released by the

January 12, 2023 1 min read

BlockFi Seeks the Court Remain Their Personal Data Confidential

BlockFi, an online platform and mobile app that allows users to purchase, sell, and trade cryptocurrency, has filed for bankruptcy and is attempting to keep their personal information private in a court filing on Tuesday. They have also claimed that they are concerned about identity theft or being a target

January 11, 2023 1 min read

Former BlockFi VP For Asia Joins Google as APAC Web3 Division Lead

Former BlockFi executive and now Google APAC Web3 Lead Rishi Ramchandani is a former of the cryptocurrency industry. Earlier this year, the biggest search engine in the world stated that the Web3 industry had “tremendous potential” and devoted a team to exploring it. In a recent LinkedIn post, Ramchandani expressed

December 22, 2022 1 min read

BlockFi Files Motion With Bankruptcy Court to Release Customer Funds

BlockFi, a defunct cryptocurrency lender, has filed a motion with the U.S. Bankruptcy Court seeking permission to release its customers’ cryptocurrency holdings in BlockFi Wallet Accounts. Withdrawals and transfers from BlockFi Interest Accounts will not be affected by this request, since they are currently suspended. The lender, which filed for

December 20, 2022 2 mins read

NC Global Media Pulled off its Neo Blockchain Meetup NC BlockFiesta

Dubai-based blockchain media and marketing agency NC Global Media’s “NC BlockFiesta” succeeded in amplifying a zestful blockchain wave in Chennai on Saturday. The event hosted more than 100 attendees including dynamic figures of the industry and the curious web3 community in the city at Flame Le Club, Le Meridien.  Significantly,

December 20, 2022 3 mins read

NC Global Media is Geared Up to Host NC BlockFiesta in Namma Chennai

An exclusive blockchain meetup with powerful elites, business leaders, and other Blockchain enthusiasts is anticipated at Namma Chennai. The first NC BlockFiesta blockchain meetup, organized by NC Global Media, will take place on December 17 at Flame Le Club, Le Meridien, Chennai. To present and exchange their ideas about the

December 15, 2022 2 mins read