BlockFi Braces for Potential Bankruptcy: Report
Leading cryptocurrency lender, BlockFi, seems to be preparing for a possible bankruptcy filing due to the company’s “significant exposure” to beleaguered crypto exchange FTX.
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Leading cryptocurrency lender, BlockFi, seems to be preparing for a possible bankruptcy filing due to the company’s “significant exposure” to beleaguered crypto exchange FTX.
FTXās sudden collapse has sent great shockwaves throughout the crypto industry. Many cryptocurrencies fell prey and lost a considerable chunk of their value. Solana has also
FTX was previously among the leading players in the market, with millions of users using the exchange around the globe. At the top of its performance,
The crypto market seems to have recovered after the FTX event that shattered the digital asset sector. Bitcoin (BTC), Ethereum (ETH) along with major altcoins are
The value of stablecoins is supposed to stay constant. Considering how the crypto market has suffered a meltdown yet again, it is hard to say that.
Banking juggernaut, JP Morgan, has claimed that the FTX crisis could bulldoze Bitcoin (BTC) down to $13,000. In a recent report, the banking giant revealed the
In one of the biggest pullbacks in the cryptocurrency market, FTX Token (FTT), Solana (SOL) and Polygon (MATIC) prices witnessed a massive downturn. Although all major
The FTX co-founder, Sam Bankman-Fried, has lost a massive 94% of his wealth in a short time. It is now confirmed that Binance is on its
Cryptocurrency prices witnessed a sharp drop after Binance signed a nonbinding agreement to buy FTX’s non-U.S. unit to help cover a āliquidity crunchā at the rival
Circle and Tether, the two firms behind renowned stablecoins USDC and USDT, have distanced themselves from FTX amid the exchangeās fall. The CEO of Circle, Jeremy
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