BlockFi Inc. said Monday it won’t be hurt by the collapse of Silicon Valley Bank and has plenty of cash to cover expenses in ...

BlockFi marks another crypto firm with exposure to Silicon Valley Bank, after a recent audit indicated that USDC issuers Circle has capital tied up there.

According to a lawyer representing the bankrupt crypto lender BlockFi Inc., the company is in a stable financial position with access to ample cash reserves, despite having over $200 million in ...

BlockFi still has cash access in spite of its significant holdings at collapsed California lender Silicon Valley Bank (SVB), a federal bankruptcy court in New Jersey was told Monday. In a Friday ...

Bankrupt crypto lender BlockFi had left $227 million at Silicon Valley Bank, which was shut down on March 10 by a federal regulator. Accessing the unprotected funds BlockFi left at the failed bank ...

Christine Okike, a lawyer representing BlockFi at its bankruptcy hearing, claimed that BlockFi is not in immediate danger and has sufficient funds to continue operating normally. According to a ...

Renzi said that BlockFi had sold a portion of its crypto assets earlier in November to fund its bankruptcy. Those sales raised $238.6 million in cash, and BlockFi now has $256.5 million in cash on ...

BlockFi still has cash access in spite of its significant holdings at collapsed California lender Silicon Valley Bank (SVB), a federal bankruptcy court in New Jersey was told Monday. In a Friday ...

BlockFi, Circle, Avalanche, Yuga Labs, and Proof are among crypto names that had exposure to Silicon Valley Bank.