FTX on the verge of purchasing BlockFi in $25M fire sale: Report
The cryptocurrency derivatives exchange could potentially buy out the troubled lender for pennies on the dollar.
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Contagion: Genesis faces huge losses, BlockFi’s $1B loan, Celsius’s risky model
A leaked investor call from Morgan Creek Digital suggests BlockFi liquidated 3AC for $1 billion, while Celsius reportedly maintained a highly risky assets-to-equity ratio last year that may have caused…
FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming
In a recent interview, Sam Bankman-Fried, the founder of the popular exchange FTX, warned that some crypto exchanges are “secretly insolvent” and may soon fail. Bankman-Fried’s FTX and Alameda Research…
Third-Tier Exchanges “Secretly Insolvent,” Says FTX’s Sam Bankman-Fried
Sam Bankman-Fried, whose FTX exchange recently bailed out distressed crypto firms BlockFi and Voyager Digital to a combined tune of $800 million, has warned that more crypto exchange failures are...
Surprise twist as BlockFi receives Money Services License in Iowa
Despite a significant fine from Iowa’s regulator just two weeks earlier, BlockFi has scored itself a license in the state.
FTX Tempers Robinhood Buyout Reports
FTX is exploring the possibility of buying out the retail trading firm Robinhood, according to reports from Bloomberg,but has denied that it is currently in talks with the retail trading...
Crypto exchange FTX is looking into acquiring Robinhood: Report
Robinhood, a discount brokerage that popularized crypto trading among mainstream users, has fallen on hard times.
Crypto conspiracy theories abound, but prop traders are just doing its job
FTX founder Sam Bankman-Fried and Alameda Ventures made recent headlines for bailing out a handful of CeFi crypto platforms this week, but what exactly do market makers do?
Crypto Firm Voyager Digital Secures a $500M Line of Credit From Alameda Ventures to Cope With 3AC Exposure
Three days ago, Bitcoin.com News reported on the publicly listed company Voyager Digital after the crypto firm announced that it was owed $655 million worth of digital assets. Now according…
FTX Could Soon Purchase Stake in BlockFi: Report
The popular crypto exchange FTX could soon purchase a stake in the lending firm BlockFi, according to the Wall Street Journal. FTX Is in Talks With BlockFi FTX and BlockFi...
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