1. Bankrupt crypto lender BlockFi plans to sell loans backed by 68,000 bitcoin miners for about $160 million. Sources familiar with the matter said that given the current price of bitcoin miners, some of the loans are already in default and are under-collateralized.
Global Crypto Mining News (Jan 23 to Jan 29)
Global Crypto Mining News (Jan 23 to Jan 29)
Global Crypto Mining News (Jan 23 to Jan 29)
1. Bankrupt crypto lender BlockFi plans to sell loans backed by 68,000 bitcoin miners for about $160 million. Sources familiar with the matter said that given the current price of bitcoin miners, some of the loans are already in default and are under-collateralized.