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BlockFi
BlockFi Receives $250M Credit Facility From FTX
The proceeds will be used to fulfill client balances across all accounts.
BlockFi Liquidated Three Arrows Capital: Report
CEO Zac Prince tweeted that the crypto lender “exercised our best business judgment.”
Texas, Other States Open Investigation Into Celsius Network Following Account Freeze
The Texas State Securities Board (TSSB) has had the lending platform in its crosshairs for nearly a year.
Coinbase Lays Off Roughly 1,100 Employees as Crypto Market Tumbles
Publicly traded crypto exchange Coinbase is letting go of roughly 1,100 employees to cut costs, according to a recent company filing Tuesday. This comes after BlockFi and Crypto.com also announced layoffs. "The Hash” group discusses the consequences, the dilemma that many of the big names in crypto are facing after over-expanding during the bull run.
Preparing for the Dreaded Down Round
BlockFi is reportedly worth $2 billion less than previously estimated. How should crypto navigate a time of tightening monetary policy and venture capital financing?
BlockFi Valuation Sinks to $1B in Latest Funding Round: Report
BlockFi raised $350 million at a larger valuation of $3 billion in March last year.
Cipher Mining, WindHQ Joint Venture Secures $46.9M Loan From BlockFi
The Alborz JV will use the proceeds to purchase S19j Pro crypto mining rigs for its 40 megawatt data center in Texas.
Why Several US States Are Taking Legal Action Against Voyager Digital
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De explains why several U.S. states have taken legal action against Voyager Digital for its crypto interest offerings, and how this situation resembles BlockFi’s legal issues from a year ago. Plus, a conversation on the $625 million exploit of Axie Infinity’s Ronin network and its impact on users.
State Regulators Crack Down on Voyager Digital's Crypto Interest Offering
The coordinated legal push resembles BlockFi's legal battle, which ended in a $100 million fine and pledges to register as a security.
HubSpot Hack Leads to Data Breaches at BlockFi, Swan Bitcoin, NYDIG and Circle
The companies affected assured users their crypto is safe because the customer-management tool had limited access to internal data.
