SEC’s Hester Peirce opposes crypto bailouts — SBF didn’t get the memo
The commissioner made it clear she does not support bailouts for anyone in the crypto industry, arguing it's better to “let these things play out.”
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Crypto Lender Blockfi Secures $250 Million Line of Credit From FTX, CEO Says Capital Will Bolster Its Balance Sheet
The crypto lender Blockfi detailed on Tuesday that the company secured a $250 million line of credit from FTX. Blockfi’s CEO Zac Prince announced on Twitter that the company will…
BlockFi Secures $250M Revolving Loan From FTX
BlockFi CEO Zac Prince said the loan would bolster the firms balance sheet and platform strength. BlockFi Accepts Credit From FTX BlockFi has partnered with FTX for a new line...
Crypto winter freezes sports sponsorships for digital asset firms
The crypto market downturn has made it difficult for crypto firms to pull the trigger on any new sponsorship deals with the sports teams they spent hundreds of millions on…
SBF and Alameda step in to prevent crypto collapse contagion
SBF also rejected rumors that Alameda played a part in jeopardizing the stability of Celsius, noting that “this is definitely false. We want to help those we can in the…
Report: Bitmex, Deribit Liquidate 3AC’s Positions — Negativity Continues to Plague the Crypto Hedge Fund
Two days ago, Bitcoin.com News reported on the crypto hedge fund Three Arrows Capital (3AC) after reports claimed that the company was allegedly struggling with financial hardship and possible insolvency.…
Biggest Bitcoin exchange inflows since 2018 put potential $20K bottom at risk
Traders are nervous, data suggests, and a further drop could spark a chain reaction as exchange users rush to liquidate their BTC holdings.
Philippines Crypto Wallet Service Provider Coins.ph Partners With the PBA
Another digital currency firm is making moves into the sports world as the Philippines crypto wallet service provider Coins.ph announced the company has partnered with the Philippine Basketball Association (PBA).…
Crypto.com gets nod in Dubai and FTX launches in Japan
Crypto.com will have further requirements before its full license is granted in the “near-term” and FTX said the move would allow it to work “directly with Japanese regulators.”
Ethereum sell-off fears rise as crypto hedge fund moves $60M ETH to an exchange
Ether risks turning overbought on shorter timeframes, amounting to sell-offs also as it retests a critical resistance level.
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