BlockFi
Crypto Winter Hits NFTs; 3AC Files for Bankruptcy
Monthly NFT sales fall below US$1 billion for the first time in a year. Three Arrows Capital files for Chapter 15 bankruptcy in the US. Sam Bankman-Fried's FTX doubles down on BlockFi bailout. Experts weigh in on the future of stablecoins. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
From One to Zero: BlockFi’s Fire Sale Shows the Uber Startup Model Is Disastrous for Finance
Peter Thiel’s monopolistic theories about building companies have clearly hit their limit: banking.
Ledn Makes Competing Bid for Troubled Crypto Lender BlockFi: Report
BlockFi CEO Zac Prince denied a story that his company had agreed to a sale to FTX for just $25 million.
El exchange FTX está cerca de comprar BlockFi por solo $25 millones
La plataforma de préstamos cripto valía $1000 millones a principios de mes, según fue reportado.
FTX Close to Buying BlockFi for Just $25M
The beleaguered crypto lender was reportedly close to finalizing a down round valuing it at $1 billion earlier this month.
Ledger Live Adds Yield Earning Capability via Alkemi Earn
Hardware wallet maker Ledger has brought yield earning capability to its users through an integration with lending-borrowing protocol Alkemi Earn. “The Hash” discusses the role of passive income in decentralized finance (DeFi), and addresses the current liquidity crisis among crypto lending services like BlockFi and Celsius.
Exclusive: Morgan Creek Tries to Counter FTX’s BlockFi Bailout, Leaked Call Shows
Crypto investment firm Morgan Creek Digital is attempting to raise $250 million from investors to purchase a majority stake in crypto lender BlockFi, a leaked investor call from Tuesday reveals. CoinDesk's Tracy Wang has the scoop.
Morgan Creek Is Trying to Counter FTX’s BlockFi Bailout, Leaked Call Shows
FTX’s $250 million credit facility offer – if inked as initially proposed – stood to effectively wipe out all BlockFi shareholders, including Morgan Creek Digital, the firm told its investors.
BlockFi Raises Deposit Rates, Eliminates Free Withdrawals
The rate increases across BTC, ETH, USDT and other crypto deposits come after layoffs at the company and a $250 million emergency line of credit from FTX.
FTX in Talks to Acquire Part of BlockFi: Report
FTX previously extended a $250 million emergency line of credit to the struggling crypto lender earlier this week.
