BlockFi, a cryptocurrency lender has turn into one other agency to fall because of the FTX collapse. BlockFi filed for chapter 11 chapter safety as a consequence of intensive publicity to the defunct...
Key Takeaways
BlockFi has filed for Chapter 11 chapter safety and can try and restructure its operations.
The agency owes cash to greater than 100,000 collectors and has liabilities between $1 billion and $10 billion.
BlockFi...
BlockFi, a cryptocurrency lending agency based
in 2017, on Monday filed for Chapter 11 chapter safety in New Jersey,
United States.
Take Benefit of the Greatest Monetary Occasion in London. This...
Crypto lender BlockFi has introduced that it's suspending all withdrawals for the foreseeable future. This comes as a shock to many purchasers, as BlockFi has been a dependable supply of funding for these...
Crypto lenders in the market have been severely struggling to handle liquidity challenges. On Tuesday, July 12, crypto lender BlockFi announced that it will no longer be accepting Grayscale’s GBTC shares as collateral.
Following...
According to Blockfi’s co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a total of $680...
