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BlockFi had $1.8B in outstanding loans in Q2: Report

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Crypto lender BlockFi outlined the total amount of loans and net risk exposure it carried at the end of Q2 2022, and shared how it is managing liquidity and credit risk.

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Coin Market

Feds end Bitcoin bandits’ luxury life fueled by $230M crypto scam

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The scammers spent their gains on a lavish lifestyle of luxury cars, apartments, jewelry, and nightlife. 

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Coin Market

DeFi lending protocol Sky to drop wrapped Bitcoin after governance vote

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The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform. 

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Coin Market

BingX confirms ‘minor’ losses amid panic over hot wallet movements

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Crypto exchange BingX’s product chief Vivien Lin has confirmed there was a hack and a “minor asset loss,” which is still being calculated.

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