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FTX
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.
FTX’s Bankman-Fried Says It’s Worth Losing Money to Prop Up Crypto Industry
FTX co-founder and CEO Sam-Bankman Fried said he isn’t bothered by losing some money if his bailouts keep the crypto infrastructure humming. “It’s OK to do a deal that is moderately bad in bailing out a place,” the outspoken industry leader said at the Bloomberg Crypto Summit in New York on Tuesday.
FTX's Bankman-Fried Says It’s Worth Losing Money to Prop Up Crypto Industry
The crypto exchange's CEO is also willing to buy bitcoin for his company depending on the price.
Bankruptcy Filing Reveals Biggest Celsius Creditors
Celsius Network's chapter 11 bankruptcy filing reveals the extended influence of crypto billionaire and FTX CEO Sam Bankman-Fried, according to Bloomberg. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Celsius Sends $500M of Bitcoin Derivative to Crypto Exchange After Debt Payoff
The move comes just after the crypto lender reclaimed $450 million of collateral in WBTC, closing its loan from DeFi lending protocol Maker, blockchain data shows.
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."
Sam Bankman-Fried Says He’d Consider Acquiring Troubled Crypto Miners Next
The FTX CEO said helping bail out crypto miners might help mitigate the credit contagion in the crypto sector.
Ledn Makes Competing Bid for Troubled Crypto Lender BlockFi: Report
BlockFi CEO Zac Prince denied a story that his company had agreed to a sale to FTX for just $25 million.
El exchange FTX está cerca de comprar BlockFi por solo $25 millones
La plataforma de préstamos cripto valía $1000 millones a principios de mes, según fue reportado.
FTX Close to Buying BlockFi for Just $25M
The beleaguered crypto lender was reportedly close to finalizing a down round valuing it at $1 billion earlier this month.