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BlockFi
3 Senior Executives Reportedly Leaving Crypto Lender BlockFi
Three senior executives are said to be leaving embattled crypto lender BlockFi as the firm irons out a deal to be acquired by FTX.US, the U.S. division of the crypto exchange owned by billionaire Sam Bankman-Fried. "The Hash" team discusses what this means for the fate of BlockFi and its customers.
3 Senior Executives Jump From Crypto Lender BlockFi: Sources
The firm is being bought by Sam Bankman-Fried's crypto exchange FTX.
FTX Could Buy BlockFi for Only $15M – or a Lot More If Crypto Lender Hits Big Goals
FTX’s option to acquire BlockFi includes performance targets around a key SEC approval and more than doubling client assets that boost the purchase price to $240 million, people familiar with the matter told CoinDesk.
Financial Services on the Blockchain: Lending, Insurance and More
Teller Founder & CEO Ryan Berkun, BlockFi's Global Head of Institutional Distribution David Olsson, and Finoa GmbH's Co-founder & CEO Christopher May join Coindesk's Senior Reporter Ian Allison at Consensus 2022 to discuss providing and finessing financial services on the blockchain.
Old Guard Meets New Guard: Integrating Payment Networks
At Consensus 2022, Alex Adelman (Lolli), Tammy Camp (Stronghold), Flori Marquez (BlockFi) and Raj Dhamodharan (Mastercard) discuss the interactions between traditional finance and new models. Plus, a conversation about obstacles and rewards as we cruise toward a future of integrated payments networks. Moderator: David Morris, Chief Insights Columnist, CoinDesk
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.
WisdomTree Exec on Future of U.S. Bitcoin Spot ETF Race
WisdomTree Head of Digital Assets Will Peck discusses his take on the U.S. spot bitcoin ETF race following a string of rejections from the SEC, sharing an update on the asset manager's application. Plus, reactions to BlockFi no longer accepting Grayscale Bitcoin Trust (GBTC) as collateral and crypto markets outlook.
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."
Crypto Winter Hits NFTs; 3AC Files for Bankruptcy
Monthly NFT sales fall below US$1 billion for the first time in a year. Three Arrows Capital files for Chapter 15 bankruptcy in the US. Sam Bankman-Fried's FTX doubles down on BlockFi bailout. Experts weigh in on the future of stablecoins. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."