Zac Prince, chief executive at crypto lender BlockFi, said the company has been fulfilling “increased demand” from institutional borrowers, despite the sharp rout gripping digital assets and an ...
As cryptocurrency lenders crumbled earlier this year, billionaire Sam Bankman-Fried swooped in several times as a backstop. His actions prodded creative headline writers to evoke the market panic of ...
FTX US deal with troubled crypto lender BlockFi floats acquisition with ‘up to’ $240M purchase price
Sam Bankman-Fried’s FTX is taking advantage of rampant instability in the crypto lending market to assert itself while propping up major institutions. The company’s U.S.-based arm has a deal in place ...
On Monday, crypto lender BlockFi filed for Chapter 11 bankruptcy protections in the aftermath of FTX’s implosion Ironically, BlockFi lists FTX as its #2 creditor after a substantial bailout earlier ...
Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy as fallout from the collapse of crypto exchange FTX infects other companies in the industry. BlockFi claimed more than 100,000 ...
Bankrupt cryptocurrency lender BlockFi is trying to block attempts by the similarly bankrupt FTX and Three Arrows Capital that aim to retrieve hundreds of millions of dollars to pay back their ...
Filing follows weeks after FTX collapse FTX listed as BlockFi’s No.2 creditor Bitcoin down over 70% from 2021 peak Nov 28 (Reuters) - Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy ...
A Curve spokesperson has confirmed they have been in negotiations to acquire BlockFi’s credit card program's customers since Nov. 12. Payments company Curve is in active discussions to acquire crypto ...
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