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Tag: Blockfi

Report: Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure

July 8, 2022 wp-bot Bitcoin News

According to a report published on July 8, the cryptocurrency firm Blockchain.com lost $270 million from exposure to the crypto hedge fund Three Arrows Capital

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Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of up to $240M

July 3, 2022 wp-bot Bitcoin News

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

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TSX-Listed Voyager Digital ‘Temporarily’ Suspends Trading, Deposits, and Withdrawals

July 1, 2022 wp-bot Bitcoin News

After the TSX-listed Voyager Digital revealed that it was owed $655 million from Three Arrows Capital (3AC), the company secured a $500 million credit line

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BlockFi announces deal with FTX US, including ‘option to acquire’ for $240M

July 1, 2022 wp-bot Cointelegraph

According to CEO Zac Prince, BlockFi signed agreements with FTX US totaling $680 million — for a company that had a $5 billion valuation in

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Reports: FTX Targeting BlockFi Purchase At $25M

June 30, 2022 wp-bot News BTC

BlockFi, Celsius, Nexo, and more: tough times can lead to difficult measures, and this year’s bear market is showing no exception to some of these

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FTX on the verge of purchasing BlockFi in $25M fire sale: Report

June 30, 2022 wp-bot Cointelegraph

The cryptocurrency derivatives exchange could potentially buy out the troubled lender for pennies on the dollar.

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Blockchain
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