Bankrupt cryptocurrency lender BlockFi is trying to block attempts by the similarly bankrupt FTX and Three Arrows Capital that aim to retrieve hundreds of millions of dollars to pay back their ...
Crypto lender BlockFi is kaput. The platform, which offered high yields on crypto deposits, has filed for bankruptcy protection. It’s the latest company to fall after the catastrophic collapse of FTX.
An upcoming Bitcoin (BTC) hash rate-backed product that could offer 10%–13% returns shouldn’t be compared to failed products by BlockFi or Celsius, as its returns come from proof-of-work, not “Ponzi ...