Bankrupt BlockFi plans to sell $160M Bitcoin mining hardware loans
[ad_1] BlockFi filed for Chapter 11 chapter in November 2022 citing publicity to the simply collapsed FTX. The plan to sell off the loans backed by Bitcoin mining machines is…
BlockFi is bankrupt, where did it all go wrong?
[ad_1] BlockFi has develop into the most recent agency to file for chapter, citing “significant exposure” to FTX It has sued FTX to reclaim Robinhood shares which it alleges Bankman-Fried…
BTC Rises By Nearly 2% While BlockFi Files For Bankruptcy
[ad_1] Bitcoin value has risen by 1.71%% within the final 24 hours amid crypto lending platform BlockFi submitting for chapter 11 chapter. In the final 24 hours, the buying and…
Crypto Lender BlockFi Halts Withdrawals After FTX Contagion
[ad_1] The disaster sparked by the collapse of the FTX alternate has unfold like a wildfire throughout the crypto market. Just a few hours in the past crypto lender BlockFi…
BlockFi Will No Longer Accept Grayscale GBTC Shares As Collateral, Unwinds All Positions
[ad_1] Crypto lenders out there have been severely struggling to deal with liquidity challenges. On Tuesday, July 12, crypto lender BlockFi introduced that it'll not be accepting Grayscale’s GBTC shares…
FTX token price outlook after BlockFi acquisition deal
[ad_1] FTT holds regular at a $24 assist degree. FTX alternate to accumulate BlockFi for $240 million. The Crypto sector faces bearish strain amid macro-economic components. As the cryptocurrency sector…
FTX Closes In On Acquiring BlockFi For Mere $25 million
[ad_1] Weeks after FTX billionaire CEO gave out a $250 million credit score facility to BlockFi, the crypto trade is reportedly near buying beleaguered BlockFi for a mere $25 million,…
These Whales Scoop $850 mln Worth FTX Tokens Ahead Of BlockFi Deal
[ad_1] The largest of the Ethereum (ETH) whale wallets have scooped greater than $877 million value of FTX token (FTT) within the final 24 hours. This large accumulation has landed…
Canada-based Ledn Challenges FTX’s Bid of BlockFi Acquisition With Better Proposal
[ad_1] Troubled crypto lender BlockFi has reportedly obtained a brand new proposal for its acquisition, mentioned three sources accustomed to the matter. This time the proposal has come from BlockFi’s…
This Hedge Fund Is Trying To Bailout BlockFi To Counter FTX
[ad_1] According to a crypto information web site Coindesk, a leaked name has revealed that BlockFi’s very long time backer Morgan Creek Digital, is making an attempt to lift $250…