Ad Crypto miner Bitfarms has settled a $21 million debt owed to bankrupt crypto lender BlockFi with a one-time cash payment of $7.75 million, according to a Feb. 9 press statement. Bitfarm agreed with BlockFi to restructure the debt and pay off the outstanding principal and interest in one transaction. The original loan is a…
BlockFi creditors want the court to redact their personal information, according to a Jan. 10 court filing. The creditors argued that the redaction of their information would protect them from “hacking, identity theft, and harassment” risks in the crypto space. According to the filing, BlockFi would lose its potential clients’ trust if this information becomes…
Nexo revealed that it stopped onboarding new U.S. clients to its Earn Interest Product in February 2022 after financial regulators in eight states initiated legal actions against it. According to the U.S., Nexo violated securities law by offering their residents interest-bearing crypto accounts. California issues cease and refrain order California’s Department of Financial Protection and…
Voyager Asset Management, Exchange Company in North America Info Twitter LinkedIn The Voyager app offers a simple and secure way to invest in 100 cryptocurrencies, including Bitcoin, Ethereum, and the widest selection of altcoins in North America. Learn More
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! U.S. SEC Commissioner Hester Peirce criticized crypto bailouts in a recent Forbes interview and said the current market crash could set the foundation for a more sustainable future for the industry. According to Peirce, tough times in the industry reveal projects…