BlockFills: 75 Million Lost, Funds Frozen
BlockFills, a Chicago-based crypto lender backed by Susquehanna and CME Ventures, froze the funds of institutional clients after accumulating losses of $75m between loans, mining and trading.
In this category we explore the world of mining, the fundamental process through which transactions are validated and new cryptocurrencies are created. Learn about the techniques, hardware and strategies used by miners, as well as the dynamics that influence this evolving industry. We will also look at the environmental impact and opportunities of mining in digital economies.
10 PostsBlockFills, a Chicago-based crypto lender backed by Susquehanna and CME Ventures, froze the funds of institutional clients after accumulating losses of $75m between loans, mining and trading.
Brazil introduces zero tariffs on SHA256 hardware and focuses on Bitcoin mining to absorb excess renewable energy. After GECEX Resolution 861, Engie also evaluates plants at Assu Sol, turning mining into industrial leverage against energy curtailment.
The Guardia di Finanza of Piacenza uncovers a EUR 500,000 tax evasion linked to Bitcoin and Ethereum mining and undeclared wallets.
A winter storm in the US caused a sudden collapse in Bitcoin's hashrate. Miners, especially in Texas, shut down machines using energy curtailment, slowing down block production but confirming a new flexible business model.
A historical miner from the Satoshi era reactivates 2,000 BTC dormant since 2010 and transfers them to Coinbase. According to CryptoQuant, the move signals a possible market turning point, while VanEck raises extremely bullish long-term forecasts for Bitcoin.
Turkmenistan opens up to cryptocurrencies: mining and exchanges become legal from 2026 under the control of the Central Bank.
Over 5,000 mining farms operate in Tatarstan, a Russian region that accounts for 3% of the national cryptomining market.
According to ESG analyst Danial Batten, Bitcoin mining could reduce global methane emissions by 8.5% by 2030.

Get the latest news, learn from experts, discover new tools, and find inspiration right in your inbox.
No spam. Unsubscribe anytime.
Documentary on Bitcoin, blockchain and global geopolitics.