Tag: zac prince

Crypto Lender Vauld Suspends Withdrawals, Company Is Discussing ‘Restructuring Options’ With Advisors

On July 4, the crypto lending company Vauld announced it suspended withdrawals, kauplemine, and deposits after disclosing the firm isfacing challenges.While not naming any specific companies, the Singapore-based cryptocurrency lending platform and exchange mentionedfinancial difficultiesstemming fromkey......

Blockfi tegevjuht ütleb, et FTX-l on võimalus omandada krüptolaenuandja hinnaga kuni 240 miljonit dollarit

According to Blockfis co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a total of $680 miljonit, but Prince also noted that $240 million......

Crypto Lender Blockfi Secures $250 Million Line of Credit From FTX, CEO Says Capital Will Bolster Its Balance Sheet

The crypto lender Blockfi detailed on Tuesday that the company secured a $250 million line of credit from FTX. Blockfi’s CEO Zac Prince announced on Twitter that the company will use the capital to bolster Blockfi’s “balance sheet and platform strength.”......

Crypto Lending Company Blockfi Cuts Staff by 20%

Esmaspäeval, the cryptocurrency lending company Blockfi announced thatmarket conditionshave had anegative impacton the firms business and it will be laying offroughly 20%of its staff. The message written by Blockfi co-founders Zac Prince and Flori......