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Filing shows BlockFi has uninsured $227M in Silicon Valley Bank MMMF

bossMarch 11, 2023 Cryptocurrency Market, News

According to a new bankruptcy filing, defunct crypto lender BlockFi has $227 million worth of uninsured funds allocated to a money market mutual fund (MMMF) offered by troubled Silicon Valley Bank (SVB). SVB — one of the U.S’s largest banks and key partners to venture-backed companies — was shut down

Over 90% Of The Poor Are Uninsured. Could Blockchain Be The Answer?

bossSeptember 22, 2021 Blockchain

Insurance is a financial tool that is widely used and often taken for granted in the developed world, but it is important not to forget that a considerable proportion of the world’s population still has no access to the protection provided by basic insurance products. Globally, about US$4.7 billion —

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Uninsured

Filing shows BlockFi has uninsured $227M in Silicon Valley Bank MMMF

Over 90% Of The Poor Are Uninsured. Could Blockchain Be The Answer?

Cryptox News

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