Unredacted Financial Documents Show Blockfi’s $1.2 Billion Connection With FTX, Alameda Research
Unredacted paperwork mistakenly despatched to the chapter court docket point out that the now-defunct crypto lender Blockfi had greater than $1.2 billion tied up with...
Blockfi Pauses Customers Withdrawals, Cites ‘Lack of Clarity’ on FTX’s Status as Cause
Blockfi, a cryptocurrency lending platform, has introduced that it’s limiting the operations of its platform and pausing buyer withdrawals. The firm issued a letter the...
Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of as much as $240M
According to Blockfi’s co-founder Zac Prince, the corporate has signed definitive agreements with the crypto agency FTX and the deal is presently as much as...
Crypto Lender Blockfi Secures $250 Million Line of Credit From FTX, CEO Says Capital Will Bolster Its Balance Sheet
The crypto lender Blockfi detailed on Tuesday that the corporate secured a $250 million line of credit score from FTX. Blockfi’s CEO Zac Prince introduced...
Crypto Lending Company Blockfi Cuts Staff by 20%
On Monday, the cryptocurrency lending firm Blockfi introduced that “market circumstances” have had a “damaging impression” on the agency’s enterprise and it is going to...