Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images FTX has signed a deal giving it...
Tag: lender
Crypto Lender Ledn Joins the Acquisition Battle for BlockFi (Report)
The cryptocurrency platform Ledn reportedly displayed intentions to acquire a stake in BlockFi (a digital asset firm that provides crypto-backed loans). Previously, FTX also announced plans to buy the...
FTX or Canada-based Ledn Which Firm Will Acquire Struggling Crypto Lender BlockFi?
As per Bloomberg reports, the struggling cryptocurrency lender BlockFi Inc., which is currently in negotiations with industry powerhouse FTX, has been approached about a merger with a different party ...
BlockFi CEO Denies FTX Is Set to Acquire Crypto Lender for Only $25M
Acquisition talks between BlockFi and FTX may be nearing an end. Unnamed sources told CNBC on Thursday that CEO Sam Bankman-Fried’s FTX cryptocurrency exchange could pay about $25 million to acquire t...
FTX seeks to acquire troubled crypto lender BlockFi: sources
Crypto exchange operator FTX is seeking to acquire BlockFi outright, The Block has learned. The development comes in the wake of reports that FTX was in talks to buy a stake in the crypto lender, whic...
FTX closes in on a deal to buy embattled crypto lender BlockFi for $25 million in a fire sale
Sam Bankman-Fried, chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, Dec. 8, 2021....
Russian Lender Executes Country’s First Digital Asset Transaction
One of the largest state banks in Russia, VTB, reportedly executed the country’s first cash-backed digital financial asset transaction with a fintech company. Reuters reported on Wednesday that VTB Fa...
Which decision came from crypto lender Celsius confused the crypto community?
Amidst the market crash, the crypto lending platform has halted its withdrawal-related operations Celsius would have later regretted its decision after witnessing the fierce response from the crypto c...
Twitter User Accuses Nexo of Embezzlement Through Charity, Crypto Lender Denies Allegations – Bitcoin News
A Twitter account has accused the Bulgarian co-founders of the Swiss-based cryptocurrency lender Nexo of misappropriating funds from a charity platform. The company has rejected the allegations in the...
Hacker returns half of the $3.8 million they stole from NFT lender XCarnival
The hacker who exploited NFT lending pool XCarnival for 3,087 ETH ($3.8 million) has returned half of the loot, according to on-chain security researcher and ZenGo co-founder Tal Be’ery. As an NFT len...
Crypto Lender Nexo Denies Fraud, Issues Cease And Desist Notice
Nexo on Sunday dismissed recent allegations of fraud against the crypto lender, calling them “fake news.” The firm also issued a “Cease and Desist” notice on its website. Nexo’s response was directed ...
Goldman Sachs to Raise Over $2 Billion for Sinking Crypto Lender Celsius
Even in the midst of full-fledged crypto winter, the Virtual Digital Asset space is still extremely inviting to large-scale investors. The latest story surrounding the crypto world is Goldman Sachs’ f...
Goldman Sachs Looks to Buy Distressed Assets From Celsius, Crypto Lender Seeks Restructuring Advice – Bitcoin News
After the crypto lending platform Celsius halted operations on June 12, at 10:10 p.m. (ET), two days later the Wall Street Journal (WSJ) quoted “people familiar with the matter” who said Celsius was h...
Crypto lender Celsius hires more advisors ahead of possible bankruptcy: WSJ
Crypto lender Celsius continues to weigh a possible bankruptcy amid serious financial woes, according to the Wall Street Journal. The firm — which froze withdrawals, swaps and transfers earlier this m...
FTX Plans to Acquire Stake in Crypto Lender BlockFi: Report
FTX, the cryptocurrency exchange led by billionaire Sam Bankman-Fried, has entered negotiations to acquire a stake in the beleaguered crypto lending firm BlockFi, according to a report today in the Wa...
Crypto Lender Voyager May Issue A Notice Of Default To 3AC
The flood of bad news and insights in this correction cycle just keep coming. Exchanges are still operating a the decline in confidence is increasing, especially when the possibility of default from v...
Crypto Lender Celsius Receives New Bailout Offer Amid Insolvency Fears
Embattled crypto lender Celsius received a second buyout offer this week amid growing concerns over its insolvency. This offer comes from lender Chainge, which earlier in the week issued a letter of i...
Crypto Lender BlockFi Has Secured $250M Loan from FTX
With the impacts of the ongoing cryptocurrency market meltdown biting most crypto lenders very hard, outfits like BlockFi have sought out a solution from FTX Derivatives Exchange. As announced by Bloc...
Crypto Lender Blockfi Secures $250 Million Line of Credit From FTX, CEO Says Capital Will Bolster Its Balance Sheet – Coinotizia
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
Crypto Lender Blockfi Secures $250 Million Line of Credit From FTX, CEO Says Capital Will Bolster Its Balance Sheet – Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
Crypto Lender BlockFi Gains $250 Mln Credit Line From FTX
Crypto lender BlockFi said on Tuesday that it has signed a deal with crypto exchange FTX for a $250 million revolving credit facility. The credit line will be used by BlockFi to meet its obligations w...
BnK to The Future CEO Offers Support for Celsius as Crypto Lender Draws Up Recovery Plan – crypto.news
Simon Dixon, CEO, and co-founder of Bnk to The Future, issued a statement offering his organization’s support to beleaguered crypto lender Celsius. BnK Offers a Helping Hand In the statement, Dixon ma...
Co-Founder of Major Crypto Lender Says Bitcoin (BTC) Will Explode by Over 350% – Here’s His Timeline
Nexo crypto lending platform co-founder Antoni Trenchev says he’s not turning his back on Bitcoin (BTC) despite BTC losing more than 70% of its value since late 2021. In a new interview with Bloomberg...
SEC, State Regulators Probe Crypto Lender Celsius Over Accounts Freeze – Coinotizia
The U.S. Securities and Exchange Commission (SEC) and several state regulators are reportedly investigating the decision by crypto lender Celsius Network to freeze withdrawals. U.S. Securities Regulat...
Crypto lender Babel Finance halts withdrawals due to liquidity pressures
Hong Kong-based asset manager Babel Finance is the latest cryptocurrency lending firm experiencing some serious issues amid the ongoing market downturn. Babel Finance officially announced Friday a tem...
SEC, State Regulators Probe Crypto Lender Celsius Over Accounts Freeze – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) and several state regulators are reportedly investigating the decision by crypto lender Celsius Network to freeze withdrawals. U.S. Securities Regulat...
After Celsius, Is This Crypto Lender Facing A Liquidity Crunch?
Crypto lender Celsius’ recent suspension of withdrawals has rattled sentiment towards its peers, with majors such as Nexo and BlockFi now facing potential bank runs. The situation has also been exacer...
DeFi Lender Inverse Finance Emptied Of $1.2M In Yet Another Exploit ⋆ ZyCrypto
Advertisement     Ethereum-based lending protocol Inverse Finance today became the victim of yet another exploit. The attacker made off with more than $1.2 million wor...