BlockFi

Exclusive: Morgan Creek Tries to Counter FTX’s BlockFi Bailout, Leaked Call Shows
Exclusive: Morgan Creek Tries to Counter FTX’s BlockFi Bailout, Leaked Call Shows
Crypto investment firm Morgan Creek Digital is attempting to raise $250 million from investors to purchase a majority stake in crypto lender BlockFi, a leaked investor call fr...
Exclusive: Morgan Creek Tries to Counter FTX’s BlockFi Bailout, Leaked Call Shows

Mark Yusko, founder of Morgan Creek Capital Management, speaks at Consensus 2018. (CoinDesk archives)
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 to...
Mark Yusko, founder of Morgan Creek Capital Management, speaks at Consensus 2018. (CoinDesk archives)

BlockFi is set to offer higher yields on deposits. (Torsten Asmus/Getty images)
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.
BlockFi is set to offer higher yields on deposits. (Torsten Asmus/Getty images)

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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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SBF Agrees Second Bailout; Pride in the Metaverse
SBF Agrees Second Bailout; Pride in the Metaverse
Bitcoin, cryptocurrencies return to red with soaring U.K. inflation. Sam Bankman-Fried steps in to bail out BlockFi.Indian tax authorities to discuss 28% GST on crypto trading...
SBF Agrees Second Bailout; Pride in the Metaverse

BlockFi Receives $250M Credit Facility From FTX
BlockFi Receives $250M Credit Facility From FTX
Crypto lending platform BlockFi secured a $250 million revolving credit facility from FTX.
BlockFi Receives $250M Credit Facility From FTX

3AC Foreclosure Concerns Grow; Fed Boost Short Lived
3AC Foreclosure Concerns Grow; Fed Boost Short Lived
BlockFi is reportedly among those that liquidated Three Arrows Capital positions. Fed boost to crypto market proves short lived. Huobi to exit Thailand permanently on July 1....
3AC Foreclosure Concerns Grow; Fed Boost Short Lived

BlockFi has secured a $250 million credit facility from FTX. (Getty Images)
BlockFi Receives $250M Credit Facility From FTX
The proceeds will be used to fulfill client balances across all accounts.
BlockFi has secured a $250 million credit facility from FTX. (Getty Images)

BlockFi reportedly liquidates 3AC (deepblue4you/Getty images)
BlockFi Liquidated Three Arrows Capital: Report
CEO Zac Prince tweeted that the crypto lender “exercised our best business judgment.”
BlockFi reportedly liquidates 3AC (deepblue4you/Getty images)