Crypto Lender BlockFi Had $1.8B in Open Loans at End of June and $600M of Exposure
The company has released a quarter-end snapshot of a number of operating statistics.
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Jul 22, 2022 at 4:08 p.m. UTC
Jul 22, 2022
blockfi
BlockFi Quickly Reverses Plan to Stop Accepting GBTC as Collateral
The troubled crypto lender BlockFi said earlier Tuesday that it would no longer accept shares of the Grayscale Bitcoin Trust as collateral. A few hours later, the company said in a statement that "We are not saying that we won't support GBTC as collateral moving forward."
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Jul 12, 2022 at 6:31 p.m. UTC
Jul 12, 2022
Crypto News Roundup for July 8, 2022
With some fresh technical indicators suggesting a bullish revival ahead in the crypto markets and a look at what some crypto lenders got wrong from the get go, CoinDesk’s “Markets Daily” is back with the latest news roundup.
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Jul 8, 2022 at 5:11 p.m. UTC
Jul 8, 2022
From One to Zero: BlockFi’s Fire Sale Shows the Uber Startup Model Is Disastrous for Finance
Peter Thiel’s monopolistic theories about building companies have clearly hit their limit: banking.
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Jul 1, 2022 at 5:44 p.m. UTC
Jul 1, 2022
Ledn Makes Competing Bid for Troubled Crypto Lender BlockFi: Report
BlockFi CEO Zac Prince denied a story that his company had agreed to a sale to FTX for just $25 million.
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Jul 1, 2022 at 12:00 p.m. UTC
Jul 1, 2022
El exchange FTX está cerca de comprar BlockFi por solo $25 millones
La plataforma de préstamos cripto valía $1000 millones a principios de mes, según fue reportado.
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Jun 30, 2022 at 8:14 p.m. UTC
Jun 30, 2022
FTX Close to Buying BlockFi for Just $25M
The beleaguered crypto lender was reportedly close to finalizing a down round valuing it at $1 billion earlier this month.
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Jun 30, 2022 at 5:57 p.m. UTC
Jun 30, 2022
Morgan Creek Is Trying to Counter FTX’s BlockFi Bailout, Leaked Call Shows
FTX’s $250 million credit facility offer – if inked as initially proposed – stood to effectively wipe out all BlockFi shareholders, including Morgan Creek Digital, the firm told its investors.
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Jun 25, 2022 at 9:16 p.m. UTC
Jun 25, 2022
BlockFi Raises Deposit Rates, Eliminates Free Withdrawals
The rate increases across BTC, ETH, USDT and other crypto deposits come after layoffs at the company and a $250 million emergency line of credit from FTX.
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Jun 24, 2022 at 5:43 p.m. UTC
Jun 24, 2022
FTX in Talks to Acquire Part of BlockFi: Report
FTX previously extended a $250 million emergency line of credit to the struggling crypto lender earlier this week.
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Jun 24, 2022 at 3:30 p.m. UTC
Jun 24, 2022