Citing the strong deterioration in the macroeconomic data, Blockchain.com decided to shutdown BACM that served institutional players. The crypto market turmoil and liquidity issues have been impacting...
Tag: Blockchain.com
Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil – Bitcoin News
According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary. A company spokesperson ...
Blockchain.Com Quits Asset Management After Less Than a Year: Report
Blockchain.com started out as the first Bitcoin blockchain explorer back in 2011 and later expanded into wallet services, as well as hosting its own crypto exchange. Following years of growth, the com...
Blockchain.com closes its asset management arm
Blockchain.com, a crypto services company, is suspending operations of its asset management subsidiary. The service had been operational for less than a year and appeared to be the latest casualty of ...
Blockchain.com Sunsets Its Asset Management Arm
Blockchain.com has decided to sunset its 11-month-old asset management arm, another victim of crypto winter. According to a filing, Blockchain.com Asset Management (BCAM) has voluntarily applied to st...
Blockchain.com Shutters Crypto Asset Management Arm Less Than 1 Year After It Launched
Blockchain.com has announced the suspension of its asset management arm due to the prolonged crypto winter, as reported by Bloomberg. The company cites the challenging market conditions as the reason ...
Blockchain.com to wind down its asset management arm
Blockchain.com is winding down its asset management arm, which launched last April. The crypto startup has applied to strike the asset management subsidiary off the UK register and dissolve the ...
Blockchain.com: crypto wallet has not stopped
Blockchain.com is one of the most well-known historical crypto wallets, as it was by far one of the first non-custodial online crypto wallets. Yesterday Bloomberg reported that Blockchain.com has susp...
Blockchain.com suspends its asset management subsidiary launched in April: Report
Cryptocurrency financial services company Blockchain.com will suspend operations of its asset management subsidiary, according to a Bloomberg report published March 9. The service had existed less tha...
Blockchain.com to shutter asset management division
Ad Blockchain.com will discontinue its recently-opened asset management arm, Bloomberg News reported March 9. Through that division, the company offered an investment vehicle that tracked the price of...
OpenSea, ConsenSys among prized crypto startups with shares available at big discounts
As the crypto industry suffers, decacorns can be yours at mere unicorn prices. Shares in numerous private crypto startups are currently being offered at sizable discounts on Birel.io, a platform...
CoinFLEX Wants $4.3 Million Back From Blockchain.com
Join Our Telegram channel to stay up to date on breaking news coverage Cryptocurrency exchange CoinFLEX has said that it will start legal proceedings if Blockchain.com fails to refund $4.3 Million wor...
CoinFLEX Claims Blockchain.com Owes Over $4.3M in FLEX
Crypto exchange CoinFLEX is demanding that Blockchain.com return $4.3 million worth of FLEX coins or face legal proceedings, claiming it lent the Luxembourg-based financial services company a combined...
CoinFLEX Claims Blockchain.com Owes 3M FLEX Coin Worth about $4.3M
Blockchain.com has, however, disputed the claims by the CoinFLEX exchange, citing that there are no documentations or on-chain data to support the argument. A Singapore-based law firm, Nine Yards Cham...
Does Blockchain.com Owe CoinFLEX Nearly $4.3M in FLEX tokens?
Join Our Telegram channel to stay up to date on breaking news coverage Online publication Decrypt reports that cryptocurrency exchange CoinFLEX claims it gave the Luxembourg-based financial services b...
What is Blockchain.com? – The Cryptonomist
The Blockchain.com website may look like an “official” website, but it is actually a company’s website. The Blockchain.com domain was registered in 2011, which is two and a half years after Bitcoin wa...
Blockchain.com is acquiring assets to close a $270 million hole left by Three Arrows Capital
Join Our Telegram channel to stay up to date on breaking news coverage In an effort to raise money, Blockchain.com, an early Bitcoin wallet provider and exchange that had a $14 billion valuation as re...
Blockchain.com is refute rumors that they are selling assets
Between the months of December and January, officials of the company are said to have explored the possibility of selling sections of its business to other cryptocurrency companies, including Coinbase...
No businesses are for sale, says Blockchain.com
Financial services firm Blockchain.com doesn’t deny recent efforts to raise capital but disputes claims about selling assets. Cryptocurrency exchange and financial services firm Blockchain.com has den...
Blockchain.com Shopping Assets to Fill $270M Hole From Three Arrows Capital: Sources
Blockchain.com, the early Bitcoin wallet provider and exchange that boasted a $14 billion valuation as recently as last March, has been attempting to sell off assets in a scramble for capital. Decryp...
Blockchain.com not selling subsidiaries, never spoke to Coinbase: Source
Deals • February 17, 2023, 6:35PM EST Published 1 hour and 20 minutes earlier on Blockchain.com isn’t selling any subsidiaries and hasn’t spoken to Coinbase about possible deals, a person ...
ReclaimYourCrypto Rescued Lost Blockchain.com Wallet Funds
ReclaimYourCrypto, a leading cryptocurrency wallet password recovery service, has announced the successful completion of accessing a Blockchain.com wallet, which holds a “pretty significant amount.” T...
Blockchain.com Is Next Crypto Firm to Initiate Layoffs
Digital currency firm Blockchain.com has announced it’s going to be laying off approximately 25 percent of its staff, which amounts to about 150 separate people at the time of writing. The company is ...
Crypto Brokerage Platform Blockchain.com Announces 28% Layoff
13 hours ago | 2 mins read Exchange News Blockchain.com said it is laying off 28% of its staff, or around 110 people. Severance payouts are being offered to all affected workers. Adding to a terrible ...
Blockchain.com Slashes Workforce Crypto Industry Downturn
The crypto ecosystem is facing significant headwinds as its course corrects from the challenges of the last year. To better balance product offerings with demand, we’ve made the difficult decision to ...
Blockchain.com Cuts Its Headcount by 28%
Blockchain.com lets go of 28% of its staff to achieve profitability in 2023. It slashed 25% of its workforce in July 2022, impacted by the collapse of 3AC. The year has changed, but the impact of the ...
Blockchain.com CEO sees bright future for Defi and CeFi
Peter Smith, CEO of crypto consulting firm Blockchain.com, took to Twitter to express his excitement about the future of crypto. In a series of tweets, Smith declared that Defi and CeFi are the future...
What blockchain analysis can and can’t do to find FTX’s missing funds: Blockchain.com CEO
Blockchain.com’s founder and CEO, Peter Smith, believes on-chain analytics will play a significant role in locating the missing FTX funds, though it will have its limitations. On Dec. 20, Fox Bu...
LedgerX for sale, with interest from Blockchain.com, Gemini, others: Bloomberg
Crypto derivatives exchange and clearinghouse LedgerX is for sale, with Blockchain.com and Gemini among those interested in acquiring the firm, Bloomberg reported late Friday. LedgerX is regulat...
Former Comptroller Otting joins Blockchain.com board
Blockchain.com is adding a banking expert to its board of directors, Joseph Otting, the former U.S. Comptroller of the Currency, the company said in a blog post. “I’m honored to join the board o...
It is High Time to Rethink Holding Strategies as FTX Crisis Roams, Says Blockchain.com CEO
Speaking on CNBC’s “Closing Bell” Thursday, Peter Smith deemed the collapse of crypto exchange FTX as “a tragedy and total failure of governance.” The CEO and co-founder of crypto exchange Blockchain....
Blockchain.com, a cryptocurrency exchange, issuing Visa debit cards
Join Our Telegram channel to stay up to date on breaking news coverage A day after posting earnings that beat expectations, Visa (V) is expanding the use of another significant crypto company on its p...