blockfi

CoinDesk - Unknown
3 Senior Executives Jump From Crypto Lender BlockFi: Sources
The firm is being bought by Sam Bankman-Fried's crypto exchange FTX.
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CoinDesk - Unknown
FTX Could Buy BlockFi for Only $15M – or a Lot More If Crypto Lender Hits Big Goals
FTX’s option to acquire BlockFi includes performance targets around a key SEC approval and more than doubling client assets that boost the purchase price to $240 million, people familiar with the matter told CoinDesk.
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CoinDesk - Unknown
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.
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CoinDesk - Unknown
BlockFi Quickly Reverses Plan to Stop Accepting GBTC as Collateral
The troubled crypto lender BlockFi said earlier Tuesday that it would no longer accept shares of the Grayscale Bitcoin Trust as collateral. A few hours later, the company said in a statement that "We are not saying that we won't support GBTC as collateral moving forward."
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CoinDesk - Unknown
Crypto News Roundup for July 8, 2022
With some fresh technical indicators suggesting a bullish revival ahead in the crypto markets and a look at what some crypto lenders got wrong from the get go, CoinDesk’s “Markets Daily” is back with the latest news roundup.
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CoinDesk - Unknown
From One to Zero: BlockFi’s Fire Sale Shows the Uber Startup Model Is Disastrous for Finance
Peter Thiel’s monopolistic theories about building companies have clearly hit their limit: banking.
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CoinDesk - Unknown
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.
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CoinDesk - Unknown
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.
CoinDesk - Unknown

CoinDesk - Unknown
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.
CoinDesk - Unknown

CoinDesk - Unknown
Morgan Creek Is Trying to Counter FTX’s BlockFi Bailout, Leaked Call Shows
FTX’s $250 million credit facility offer – if inked as initially proposed – stood to effectively wipe out all BlockFi shareholders, including Morgan Creek Digital, the firm told its investors.
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