BlockFi
Binance-Led $1B Recovery Fund: Jump Crypto, Aptos Labs to Pitch In
According to a press release, Aptos Labs and Jump Crypto are among the prominent crypto companies that committed to contributing $50 million to a $1 billion Industry Recovery Initiative (IRI) led by crypto exchange Binance. "The Hash" panel discusses the latest developments as BlockFi becomes the latest company to file for bankruptcy.
Crypto Lender BlockFi Files for Bankruptcy
BlockFi filed for bankruptcy protection Monday, days after suspending withdrawals amid the ongoing fallout from exchange FTX's bankruptcy. "The Hash" panel discusses the latest casualty rocking the industry after the crypto lender suspended withdrawals just a few weeks ago, due to the ongoing confusion about FTX's assets.
BlockFi Files for Bankruptcy as FTX Contagion Spreads
BlockFi received a $400 million line of credit from FTX earlier this year.
First Mover Americas: FTX Fallout Reverberates Across Crypto-Land
The latest price moves in crypto markets in context for Nov. 16, 2022.
Levels to Watch for Bitcoin as FTX Fallout Continues
Amberdata Director of Derivatives Greg Magadini discusses his bitcoin analysis and outlook amid the stunning collapse of crypto exchange FTX and its former CEO Sam Bankman-Fried. Plus, reactions to BlockFi reportedly preparing for possible bankruptcy, and Japanese crypto exchange Liquid Global halting withdrawals.
BlockFi Reportedly Prepares for Possible Bankruptcy Filing; Bahamian Supreme Court Approves Liquidators for FTX Assets
Crypto lender BlockFi is reportedly preparing a potential bankruptcy filing because of its "significant exposure" to bankrupt crypto exchange FTX. FTX could have more than 1 million creditors and has been in contact with “dozens” of regulators around the world. The Supreme Court of the Bahamas has approved two insolvency experts at PwC as provisional liquidators overseeing FTX's assets.
Crypto Lender BlockFi Preps for Possible Bankruptcy Filing After FTX's Woes: WSJ
The company had previously suspended withdrawals in wake of the collapse of crypto exchange FTX last week.
Crypto Lender BlockFi Updates Users on Platform, FTX Exposure
The company denied rumors that a majority of its assets are custodied at collapsed crypto exchange FTX.
California Finance Regulator Revokes BlockFi's Lending License
FTX, which filed for bankruptcy Friday, had given BlockFi a $400 million line of credit.
