custodial wallets

Tensions have escalated between the BlockFi Creditors Committee and the beleaguered digital asset lender's management, with the former rebuffing BlockFi's assertion that it fell victim to FTX and Alameda Research while characterizing this as a "misleading narrative....

BlockFi clients can expect the return of almost $300 million held in custodial wallets, following a decision by New Jersey Bankruptcy Judge Michael Kaplan Thursday.  He ruled that these assets belong to the customers and not the bankrupt crypto lender's estate, Coindesk reported. Kaplan...

Even though 2021 was the best year for digital assets such as cryptocurrencies and non-fungible tokens (NFTs), 2022 has been a washout in comparison and has seen cryptocurrency prices fall to pre-COVID-19 levels, wiping out trillions of dollars worth of investor wealth in the process. Making...