Cryptocurrency lender BlockFi filed for Chapter 11 bankruptcy protection Monday, the latest casualty of the collapse of crypto exchange FTX. New Jersey-based BlockFi had been struggling for much of ...
Founded in 2017, BlockFi quickly established itself as a leading centralized crypto lending platform in the United States and ...
On Monday, crypto lender BlockFi filed for Chapter 11 bankruptcy protections in the aftermath of FTX’s implosion Ironically, BlockFi lists FTX as its #2 creditor after a substantial bailout earlier ...
Prominent cryptocurrency lending platform BlockFi filed for bankruptcy on Monday as the contagion effect from FTX’s collapse spreads through the sector, company officials said. The company’s ...
JERSEY CITY, N.J.--(BUSINESS WIRE)--BlockFi Inc. and eight of its affiliates (“BlockFi” or “the Company”) today commenced voluntary cases under Chapter 11 of the U.S. Bankruptcy Code in the United ...
In its bankruptcy filing last week, New Jersey-based BlockFi attempted to paint itself as a responsible lender hit by plummeting crypto prices and the collapse of crypto brokerage FTX and its ...
JERSEY CITY, N.J., May 25, 2021 /PRNewswire/ -- BlockFi, a financial services company dedicated to building a bridge between cryptocurrencies and traditional financial and wealth management products, ...
Cryptocurrency companies are feeling the effects of the recent market crash and bearish industry, resulting in several entities laying off their employees as they cannot maintain their business to be ...
Crypto lending platform BlockFi announced that it has secured a $250 million revolving credit facility from FTX, BlockFi CEO Zac Prince said in a tweet on Tuesday, and the company subsequently ...
Two big names in crypto are cutting jobs as the digital currency market continues to spiral downward. Crypto lending platform BlockFi Inc. said Monday that it will reduce its head count by about 20%, ...
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