-
BlockFi Set to Return Bitcoin and Ethereum to Customers—Here's How It Will Work
Failed crypto lending firm BlockFi will this month start paying former customers back—in crypto—following its ignominious fall last year. The administrator of the BlockFi wind-down said this week that it had achieved the “best possible outcome for customers.” But if you’re a creditor, how do you get your money back? You’ll need a Coinbase account, for starters. The fallen crypto firm is using America’s biggest exchange to distribute funds that disappeared following BlockFi’s collapse last year. “Upon instruction from BlockFi, Coinbase will continue to attempt to distribute crypto assets on a weekly ... (full story)
- Comments
- Subscribe
-
- Older Stories
From youtube.com/cnbctelevision|Jul 24, 2024Yung-Yu Ma, BMO Wealth Management CIO, joins 'Closing Bell' to discuss the Fed, economy and finding opportunity in the market.
From cnbc.com|Jul 24, 2024For crypto firm Grayscale, it’s deja vu in the ETF market. On Tuesday, the first spot ether exchange-traded funds hit the U.S. The ETFs will invest directly in ether, the ...
-
- Newer Stories
From zerohedge.com|Jul 24, 2024Ugly Micro (Mag7 earnings fail to impress...enough) and Ugly Macro (home sales and manufacturing meltdown) left an Ugly day for stocks and bonds (the long-end) while the dollar, ...
From @FirstSquawk|Jul 24, 2024post: PBOC SETS YUAN MID-POINT AT 7.1321 / DLR VS LAST CLOSE 7.2640PBOC sets USD/ CNY central rate at 7.1321 (vs. estimate at 7.2706) The previous close was 7.2640 In open market operations: • PBOC injects 235bn via 7-day RR, sets rate at 1.7%.People's Bank of China reduces 1 year Medium-term Lending Facility (MLF) rate to 2.3% Last week the PBOC left the MLF rate at 2.5%. Cuts today, to 2.3%. • Injects 200bn yuan in a 1 year MLF. Reuters reporting on a statement from the People's Bank of China.
From thehill.com|Jul 24, 2024As America stumbles toward the 2024 election, the crypto industry appears bent on getting itself a new set of rules. With a comprehensive pro-crypto restructuring of financial ...
- Story Stats
- Posted: Jul 24, 2024 8:55pm
- Submitted by:Category: Crypto Industry NewsComments: 0 / Views: 124
