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Former BlockFi CEO Announces New Career Path – And Settles Lost Bet On His Company’s Bankruptcy
11.3.2024
Zac Prince, the former BlockFi CEO, is breaking into real estate tech now that his defunct crypto lending firm is on a safe path to recovery.
The post Former BlockFi CEO Announces New Career Path – And Settles Lost Bet On His Company’s Bankruptcy appeared first on Cryptonews
BlockFi’s Zac Prince Leaves Crypto, Joins Real Estate Tech Startup Re Cost Seg
11.3.2024
Prince says he considered starting a new company in the crypto space, but wants something with a regular work week and lacks the octane and volatility of the industry
BlockFi Settles With FTX, Alameda Estates for $874.5M
7.3.2024
The settlement with FTX and Alameda Research is a key part of BlockFi's bankruptcy and reorganization plan
2000s Video Game Launch Parties Are A Wild Millennial Time Capsule
6.2.2024
In that strange time period nestled between 9/11 and the Obama administration, the video game industry—specifically the console market—thrived in previously unimaginable ways. With Microsoft and Sony raking in numbers worthy of massive Hollywood production companies and global theater chains,...
Bitcoin and Life Insurance: CEO Zac Townsend’s Unique Perspective
9.11.2023
Life Insurance. Source: Adobe / zimmytws Bitcoin (BTC) is the perfect financial asset to form the foundation of a life insurance product, according to Meanwhile CEO Zac Townsend. In a recent interview with Axios, the executive explained how and why his life insurance company uses BTC as its sole...
Blockfi CEO Blames FTX and Alameda Collapse for Firm’s Bankruptcy
14.10.2023
Blockfi CEO Zac Prince testified Friday that the downfall of FTX contributed to his company’s bankruptcy. Prince appeared as a government witness in the fraud trial of former FTX boss Sam Bankman-Fried (SBF). Blockfi’s Prince: Loans Wouldn’t Be Approved Knowing Alameda Used...
BlockFi CEO Zac Prince Blames Bankruptcy on FTX and Alameda
13.10.2023
The federal criminal case against Bankman-Fried closed out its second week Friday with engaging testimony from BlockFi founder and CEO, Zac Prince.
Prince claimed that BlockFi began lending money to FTX towards the start of 2021, increasing the fallen crypto exchange's borrowing later on in...
Circle and BlockFi questioned on banking with SVB by Warren and AOC
12.4.2023
Circle and BlockFi executives were questioned after the lawmakers accused SVB of “coddling” and giving “white glove” treatment to its largest depositors
BlockFi execs, Gemini named in proposed lawsuit by a disgruntled investor
2.3.2023
Gemini is accused of providing BlockFi with custodial services and misleading information to help BlockFi market its alleged unregistered securities
Apparently Video Game Characters Look Great In Drag
3.2.2023
There are many gifts to be found on self-proclaimed “video game siren” Velvet Caveat’s TikTok, like gay Team Rocket and, most recently, an electric blue Gyrados puppet holding down Ariana Grande’s part of “Rain On Me” during a lip-sync performance. Read more
FTX Attempts to Freeze Robinhood Shares as Creditors Swarm to Scoop $450M in HOOD Stock
23.12.2022
Court filings show that debtors from FTX Trading Ltd. and Alameda Research want 56 million shares of Robinhood stock frozen after multiple creditors are seeking access to the funds, and also Sam Bankman-Fried (SBF). Court Filing Wants to ‘Enforce an Automatic Stay’ Against Claims Over...
Blockfi Pauses Customers Withdrawals, Cites ‘Lack of Clarity’ on FTX’s Status as Cause
11.11.2022
Blockfi, a cryptocurrency lending platform, has announced that it is limiting the operations of its platform and pausing customer withdrawals. The company issued a letter where it states that this decision was caused by the “lack of clarity” on the current state of FTX, which...
Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of up to $240M
3.7.2022
According to Blockfi’s co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a total of $680 million, but Prince also noted that $240 million of that total could be used...
Crypto Lender Blockfi Secures $250 Million Line of Credit From FTX, CEO Says Capital Will Bolster Its Balance Sheet
21.6.2022
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 use the capital to bolster Blockfi’s “balance sheet and platform strength.” Blockfi Obtains...
Crypto Lending Company Blockfi Cuts Staff by 20%
13.6.2022
On Monday, the cryptocurrency lending company Blockfi announced that “market conditions” have had a “negative impact” on the firm’s business and it will be laying off “roughly 20%” of its staff. The message written by Blockfi co-founders Zac Prince...
Bývalá Tesla Rožnov, optika pro ASML nebo dodávky Applu. Co jsou zač čipové firmy působící v Česku?
26.5.2022
Čipová krize trvá. I malé Česko má v tomto globálně propojeném řetězci své místo. Přinášíme souhrn významných čipových aktivit na našem území
Putinův oligarcha i miláčci programátorů. Co jsou zač ruské internetové a IT firmy působící v Česku
26.2.2022
V Česku působí několik významných internetových a IT firem z Ruska. Jedna z nich platí skoro miliardu ročně na daních, najdou se ale i jiné příběhy
Wordle vás naučí hrát si se slovy. Co je tato populární hříčka zač?
13.1.2022
Na sociálních sítích se v posledních měsících rozjel trend s menší hrou Wordle, která stále nabírá na popularitě. Přidáte se?
[článek] Jeden Promax za druhým. Co je zač agentura, která pomáhá předělat „malé Novy“
9.8.2021
[3 minuty čtení] Televize Nova se rozhodla vylepšit „chlapskou“ stanici Nova Action, omladit někdejší Smíchov (bude z něj Fun) a založit program pro ženy. Pomocníky našla v Londýně u agentury, která pravidelně vyhrává obdobu Oscarů za televizní projekty. Dostane díky Nově další? Nova si...
Game Industry Women Need You To Stop Defining Them By Their Trauma
31.7.2021
The games industry is in a moment of reckoning. Over the past few weeks, a series of damning reports have shed details about the culture of harassment experienced by women at the hands of big gaming companies like Ubisoft and Activision Blizzard.Read more