by COINS NEWS - 2 years ago
BlockFi announced an hour ago on Twitter that they’re also pausing customer withdrawals. Here’s their full statement: We are shocked and dismayed by the news regarding FTX and Alameda. We, like the rest of the world, found out about this situation...
Bitcoin News / Bitcoin.com - 2 years ago
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 clarityR...
Cryptocoins News / The Cointelegraph - 2 years ago
“We intend to communicate as frequently as possible [...] but anticipate that this will be less frequent than what our clients and other stakeholders are used to.” Cry...
by COINS NEWS - 2 years ago
submitted by /u/forceworks [link] [comments]
by COINS NEWS - 2 years ago
It seems the problem with FTX is quite extensive. Crypto lender BlockFi’s been affected too. Here’s the official statement from their Twitter page: We are shocked and dismayed by the news regarding FTX and Alameda. We, like the rest of the world, fou...
More / Bitcoin Reddit - 2 years ago
https://preview.redd.it/lfybrgf768z91.png?width=1024&format=png&auto=webp&s=cb6672d78021370e8336123dd0318cfdb8bf302f submitted by /u/Monovon [link] [comments]
Cryptocoins News / CryptoNinjas - 2 years ago
BlockFills, a company specializing in building trading and management solutions for cryptocurrency market participants, today announced the launch of Vision Crypto Cloud, a secure, full-service, end-to-end digital asset trading, order management, an...
Cryptocoins News / CoinJournal - 2 years ago
Crypto lending platform BlockFi in a press release on November 7 stated that it will reopen the BlockFi Yield, an interest-bearing digital asset account, by the end of 2022 to US accredited investors. The Beta version will be available to first selec...
Cryptocoins News / Blockchain - 2 years ago
Months after settling with the SEC, BlockFi has now re-introduced its yield product (Read More)
by COINS NEWS - 2 years ago
“Instead of decentralization of finance, we choose a centralized unregulated bank like system.” - u/GaryJulesMCOC[1] Been trying to make sense of all that’s come out recently. It is pretty complicated and filled with contradicting statements and numb...
More / Bitcoin Reddit - 2 years ago
FTX seems to be in big trouble, which is bad news for BlockFi, as FTX were their only lifeboat. It’s hard to comprehend how BlockFi will stay afloat from now on. I am posting some tweets here for reference on the FTX matter: https://twitter.com/dylan...
Cryptocoins News / CoinJournal - 2 years ago
BlockFills has partnered with Basis Capital Markets, an FCA-regulated affiliate, to offer both spot crypto assets and cash-settled contracts for difference (CFD). BlockFills, one of the crypto industry’s fastest growing trading and financial te...
Bitcoin News / Bitcoinist - 2 years ago
Coinbase, BlockFi, and other major companies in the crypto sector have been negatively impacted by the persistent downtrend across the digital and legacy financial markets. The companies have been forced to cut down on their staff to stay afloat and...
by COINS NEWS - 2 years ago
Hi everyone, I came across something quite baffling about BlockFi, so I decided to ask you if I'm understanding it correctly. After they lost 80M by providing uncollateralized loans to 3AC, they seem to still be providing uncollateralized loans?...
Bitcoin News / Bitcoinist - 2 years ago
Crypto exchange FTX is set to make the best buyout deal this year when it finalizes terms to acquire BlockFi, a crypto lending services platform that rose to prominence following the 2021 bull run. A new report has it that the floor price for FTX.US’...
Bitcoin News / Google News Bitcoin - 2 years ago
OrBit and BlockFills Execute the First American Barrier Derivative on Bitcoin& & Business Wire
Cryptocoins News / The Cointelegraph - 2 years ago
Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulat...
Cryptocoins News / Blockchain - 2 years ago
BlockFi, a major crypto lending firm based in New Jersey, officially disclosed a total loan of $1.8 billion and a net unsecured exposure of $600 million by the end of the second quarter of 2022. The bulk of the outstanding loans belonged to institu...
by COINS NEWS - 2 years ago
Same way you use a credit card basically, they go off how reputable you seem. So blockfi basically decided a bunch of businesses were financially healthy enough to not post collateral. But judging wrong means disaster and that’s what happened with 3...
Cryptocoins News / EthereumWorldNews - 2 years ago
BlockFi released its transparency report for Q2 2022. The platform had $1.8 billion in outstanding loans in Q2. The company is taking a number of measures to manage liquidity risks. BlockFi has released its transparency report for Q2 2022, and it...
Cryptocoins News / The Cointelegraph - 2 years ago
Centralized crypto lender BlockFi disclosed that as of the end of Q2, it had $1.8 billion in outstanding loans from institutional and retail investors and $600 million in “net exposure.” The disclosure came from its Thursday “Q2 2022 Transparency Re...
Bitcoin News / Bitcoinist - 2 years ago
BlockFi, a cryptocurrency lender that just closed a $400 million loan and possible purchase conditions with cryptocurrency exchange FTX, is providing staff buyouts as a covert means to cut down on manpower. One month after reducing its workforce by 2...
Cryptocoins News / CoinStats - 2 years ago
BlockFi is a privately held New Jersey-based lending platform founded in 2017. It seeks to "bridge the worlds of traditional finance and blockchain technology to bring financial empowerment to clients on a global scale." BlockFi offers a cryptocu...
Cryptocoins News / Finance Magnates - 2 years ago
BlockFi, a cryptocurrency lender platform, recently announced that it will stop accepting Grayscale Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin ha...
by COINS NEWS - 2 years ago
3AC borrowed hundreds of millions from user's deposits through custodial agents like Voyager and BlockFi, and used it to recklessly gamble on all kinds of ridiculous crypto things, including "CryptoDickButt" NFT. This is one of the wallets of 3AC, h...
