Silvergate Bank has been mandated to give $9.85 million back to BlockFi as part of the latter company's ongoing bankruptcy procedures.
The report claims that Crypto Capital Corp., a "shadow bank" held Tether funds before being shut down by authorities in 2018.
Under acquisition terms, ORDAM will continue to function as an independent entity under Coinbase, separated from their trading and exchange businesses.
Riot Platform inc., one of North America's largest bitcoin (BTC) mining companies, released its 2022 annual financial report indicating a net loss of $509.6 million.
Binance and law enforcement organisations from all over the world have joined forces to start the Joint Anti-Scam Campaign.
The operating guidelines for a new closed-end mutual fund that will profit from bitcoin mining will be registered by Finam Management.
MSTR adds that it will not have to pay back a loan from Silvergate until Q1 2025 and that bankruptcy wouldn’t accelerate the loan repayment.
Silveragte is facing a probe by the US DOJ over its involvement with the bankrupt FTX exchange and Alameda Research.
BlockFi founders and Gemini are the subjects of a class action lawsuit filed by an investor over frozen money.
Monkey Drainer, a service provider that offers "scam as a service," declared their exit from the industry