Blockfi

BlockFi is a privately held New Jersey-based lending platform founded in 2017. It seeks to “bridge the worlds of traditional finance and blockchain technology to bring financial empowerment to clients on a global scale.” BlockFi offers a cryptocurrency exchange, interest-bearing accounts, and low-interest-rate loans worldwide. BlockFi charges zero transaction fees…

Anthony Scaramucci, the founder of Skybridge Capital, claims that the bailout of BlockFi by FTX CEO Sam Bankman-Fried is a sign that the bear market may have reached the bear market’s bottom and won’t fall more, crypto media The Daily Hodl reported on July 4. In a recent interview with…

Greetings, The Fed’s focus is on getting inflation under control, even if that risks a recession. Zelle class-action suit dismissed. FTC sues Walmart over money transfer fraud. EWA platform Tapcheck raises $20Mn. Goldman leading group that may buy Celsius’ assets. FTX and BlockFi announce deal, with option to acquire. NerdWallet…

According to Blockfi’s co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. …

Şirket, stratejik işlemler ve borçların yeniden yapılandırılması gibi seçenekleri araştırdığını söyledi. — Likidite sorunları nedeniyle iki haftadan uzun bir süre önce kullanıcıların para çekme işlemlerini durduran kripto para fonlama şirketi Celsius Network, “stratejik işlemler ve borçların yeniden yapılandırılması” gibi seçenekleri araştırdığını söyledi. Şirket kısa süre önce konu ile ilgili olarak yaptığı açıklamada şu ifadelere yer verdi:

Troubled cryptocurrency lending company BlockFi has inked a “definitive agreement” with FTX US, the American division of Sam Bankman-Fried’s crypto exchange FTX. The deal involves a $400 million credit line from FTX US with an option to acquire the crypto lender for $240 million, according to Zac Prince, CEO and…

Regulation: CFTC Charges South African Pool Operator and CEO with $1.7 Billion Fraud Involving Bitcoin The FBI has added OneCoin founder Ruja Ignatova ‘Crypto Queen’ to its Most Wanted list after allegedly defrauding investors of $4 billion. Banks will be able to hold #Bitcoin up to 1% of reserves in proposal…

Binance CEO Changpeng Zhao said Friday that he was privately speaking with more than four dozen cryptocurrency companies who had asked him for financial assistance. “We don’t want to bail out companies that are mismanaged,” Zhao said in an interview with Blockworks. “We do want to help the majority of…

Regulation Powell said the US economy is in “strong shape”, but sky-high inflation could turn permanent. US Treasury and IRS to delay tracking #Bitcoin capital gains and losses through exchanges. No AML Checks For Most Transfers To Unhosted Crypto Wallets, EU Policymakers Decide. A Wednesday meeting secured a final deal on…