BlockFi

There are a total of 41 articles associated with BlockFi.

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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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Celsius execs believe most users would prefer the troubled cryptocurrency lender avoid the uphill task of bankruptcy

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Blockworks exclusive: The executive was the only one cut from the trading team, one source said

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Timeline: Grappling with volatility, crypto firms are halting withdrawals, carrying out emergency assessments and preparing for a bear market

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FTX’s $250 million credit line could practically wipe out BlockFi’s investors, shareholders and management, Morgan Creek’s Mark Yusko said

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Thousands of employees have been let go at the start of this crypto winter, but experts say layoffs are not necessarily the best option for companies

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FTX CEO Sam Bankman-Fried says his company takes seriously its duty to protect the digital asset ecosystem

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The lender made the move to mitigate risks following fears of market contagion amid Three Arrows’ troubles

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Swaths of employees in the crypto space have been let go from their jobs this month

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