BlockFi

There are a total of 49 articles associated with BlockFi.

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ConsenSys among latest firms bit by layoffs amid “very challenging macroeconomic environment”

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Celsius, BlockFi and Voyager were among crypto’s biggest players to file for bankruptcy in 2022, legal expert says

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Crypto hardware wallet company names new CEO, and more layoffs from Coinbase, Crypto.com and Blockchain.com

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Coinbase’s settlement with a New York regulator marks one of the industry’s largest to date in US dollar terms

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FTX attorneys had previously tried to lay their own claims to the outstanding shares

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BlockFi wants to collect on a 7.6% stake in Robinhood, collateral pledged by Alameda in the early days of FTX’s collapse

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After more than a decade at Bank of America Merrill Lynch, Rishi Ramchandi spent the last two-plus years at BlockFi, which filed for bankruptcy last month

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BlockFi hopes bankruptcy court will let users withdraw crypto from Wallet accounts, although yield-seeking creditors might not be so lucky

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BlockFi is the latest to be affected by FTX contagion — a round up of the key events that have unfolded so far

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A Sam Bankman-Fried holding company pledged Robinhood stock as collateral for more than half a billion dollars in loans from BlockFi

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Silvergate has been working to reassure customers of its solvency in light of multiple bankruptcies across crypto, including BlockFi

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BlockFi has roughly 100,000 creditors with $1 billion to $10 billion in liabilities and assets

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FTX in July had planned to acquire BlockFi for up to $240 million, depending on the startup’s performance triggers

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But will BlockFi customers want to do business with centralized exchanges after the FTX debacle?

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FTT has tanked around 19% in the past 24 hours, putting its seven-day decline at roughly 90%, while bitcoin and ether erase Thursday’s gains

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BlockFi has been swept up in the widespread crypto reckoning, admitting it can’t function properly due to the ongoing FTX crisis

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Bitcoin platform NYDIG reportedly laid off 110 employees despite recent capital raises

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BlockFi was one of the fastest growing crypto startups in history, but bear market realities struck during a week of rapid calls before Bankman-Fried’s bailout

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The cryptocurrency lender is encouraging staff to take 10 weeks of pay and leave the company

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BlockFi once owned more than 5% of all Grayscale Bitcoin Trust stock, but now the cryptocurrency lender doesn’t directly maintain any at all

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Industry watchers expect well-funded companies in the sector to seek out opportunities during the downturn

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The agreement will also give BlockFi a $400 million revolving credit facility

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Zhao says Binance is having acquisition conversations with more than 50 crypto companies

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The sale’s timeline was accelerated after competitors mounted rival bids, three sources told Blockworks

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After Iowa ordered BlockFi to pay a hefty fine, the state securities regulator has granted the firm a stablecoin trading license

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