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BlockFi Secures USD 250M Credit Facility from Bankman-Fried's FTX
21.6.2022
Major crypto lender BlockFi said it secured a USD 250m loan from the FTX exchange in an attempt to bolster its balance sheet.
The revolving credit facility, which is a type of credit, "are intended to be contractually subordinate to all client balances across all account types (BIA, BPY & loan...
BlockFi Receives $250M Credit Facility From FTX
21.6.2022
The proceeds will be used to fulfil client balances across all accounts
BlockFi, Crypto.com, and Others Come Forward Amid Three Arrows Turbulence, Babel Finance Pauses Withdrawals
17.6.2022
After several days of intense discussions and rumors circulating about insolvency at major crypto hedge fund Three Arrows Capital, more details about the financial exposure other companies in the space have had to the hedge fund have emerged, with crypto lender BlockFi being named as...
BlockFi Liquidated Three Arrows Capital: Report
16.6.2022
CEO Zac Prince tweeted that the crypto lender “exercised our best business judgment.”
FTX Overtook Coinbase & OKX in May, Speeding Up EU Crypto Regulation + More News
15.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: FTX Overtook Coinbase & OKX in May, Speeding Up EU Crypto Regulation + More News
Iowa regulator orders BlockFi to pay $943K over alleged unregistered securities offering
14.6.2022
The IID ordered BlockFi to pay an administrative fine as well as cease and desist “from making any untrue statement of material facts regarding securities.”
Coinbase Says It Grew Too Quickly and Now Lays Off 1,100 Employees
14.6.2022
Major crypto exchange Coinbase said it will reduce its workforce by around 18% in order to cut expenses and increase efficiency ahead of a possible recession.
According to the report submitted to the US Securities and Exchange Commission, on June 14 this year, Coinbase Global, Inc. announced...
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...
Crypto.com y BlockFi eliminarán 400 puestos en medio de la caída del mercado
13.6.2022
Las compañías son las empresas cripto más recientes en anunciar reducciones de puestos de trabajo, uniéndose a Gemini y Rain Financial, entre otras
Goldman Sachs Launches New Ethereum Derivative, Layoffs at Crypto.com, Binance vs. Private Litecoin + More News
13.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Goldman Sachs Launches New Ethereum Derivative, Layoffs at Crypto.com, Binance vs. Private Litecoin + More News
100º Celsius: Industry Debating Possible Impact, Lenders Reassuring Users, Nexo Offers Help
13.6.2022
Major crypto lender Celsius (CEL) has entered boiling hot water today when it announced a halt to withdrawals, transfers between accounts, and Swap – leaving the crypto industry to try and figure out how this crisis may affect it, as lenders left and right reassure their users of normal...
BlockFi Valuation Sinks to $1B in Latest Funding Round: Report
7.6.2022
Crypto lender BlockFi is set to close a funding round at a lower valuation than its previous raises
CeFi interest on the wane: Will BlockFi, Ledn and Nexo rates trend lower?
30.5.2022
Cointelegraph spoke to CeFi leaders to understand where interest rates are going and what the future holds for CeFi
Cipher Mining, WindHQ Joint Venture Secures $46.9M Loan From BlockFi
6.5.2022
The Alborz JV will use the proceeds to purchase S19j Pro mining rigs for its 40 megawatt data center in Texas
What is driving institutions to invest in crypto? BlockFi's David Olsson explains
18.4.2022
“Out of the 80% of Top 50 hedge funds in the world we’ve spoken to, they all are embarking on some sort of crypto journey,” says Olsson
As More Russians Support Massacre in Ukraine, Here's How Some Big Crypto Companies Respond
6.4.2022
Many crypto companies are taking steps to support Ukrainian users on their platforms, but few are willing to go beyond official sanctions and ban users from Russia altogether despite shocking massacres in Ukraine and the fact that more Russians are supporting this war.
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Crypto PAC Nets $400K in February From BlockFi CEO, CNBC Contributor and More
22.3.2022
Another wave of crypto executives ponied up for GMI PAC last month as midterm elections approached
BlockFi, Swan Bitcoin, Pantera Advise Users How to Stay Safe After Data Got Hacked in Hubspot CRM Raid
21.3.2022
On Friday, a hacker targetting crypto customers’ data discovered a vulnerability in the client relationship management (CRM) platform Hubspot, making off with customer data from firms such as BlockFi, Swan Bitcoin, and Pantera Capital - and all three companies have shared steps customers...
Hubspot Hack Leads to Data Breaches at BlockFi, Swan Bitcoin
21.3.2022
Both companies assure users their crypto is safe as Hubspot had limited access to internal data
BlockFi confirms unauthorized access to client data hosted on Hubspot
19.3.2022
As a third-party vendor for BlockFi, Hubspot stored user data such as names, email addresses and phone numbers, which has been historically used for conducting phishing attacks