Chicago-based crypto mining company Blockfills has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware. The company reported estimated assets between $50 million and $100 million, with liabilities ranging from $100 million to $500 million. According to the company, the filing follows extensive discussions with investors, clients, and creditors as it seeks a path forward through restructuring.
Meanwhile, the Ethereum Foundation sold 5,000 ETH to Tom Lee’s BitMine in a deal valued at about $10.2 million. The funds will support the foundation’s core operations, including protocol research and development and ecosystem grants as part of a broader treasury strategy balancing Ethereum and fiat assets.
The Bitcoin network also reached a major milestone after miners produced the 20 millionth Bitcoin, leaving just one million coins left to be mined. Because of Bitcoin’s fixed supply cap, analysts estimate it could take more than a century to mine the remaining coins.
Finally, DataVault AI introduced its Tokenized Legacy platform during Luminary 2026 held during Academy Awards weekend. The platform aims to help entertainment and sports talent monetize and protect their name, image, and likeness (NIL) rights using blockchain technology.
Jane King with the latest from the NYSE.