Category: Blockfi

Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company

On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation causedno losses to Tether.According to the stablecoin issuer, the......

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

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 million, but Prince also noted that $240 million......

Crypto Firm Voyager Digital Secures a $500M Line of Credit From Alameda Ventures to Cope With 3AC Exposure

Three days ago, Bitcoin.com News reported on the publicly listed company Voyager Digital after the crypto firm announced that it was owed $655 million worth of digital assets. Now according to a press release from Voyager, the company has secured funds......

Crypto Lender Blockfi Secures $250 Million Line of Credit från FTX, VD säger att Capital kommer att stärka sin balansräkning

Kryptolångivaren Blockfi berättade på tisdagen att företaget säkrade en $250 miljoner kredit från FTX. Blockfi’s vd Zac Prince meddelade på Twitter att företaget kommer att använda kapitalet för att stärka Blockfi’s “balansräkning och plattformsstyrka.”......

Crypto Lending Company Blockfi Cuts Staff by 20%

On Monday, 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......

Myntbas och 17 Andra kryptoföretag lanserar "Travel Rule Universal Solution Technology"

On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands forTravel Rule Universal Solution Technology.The plan is described as anindustry-driven solutiondeveloped to comply with the Financial Action Task Force......

Undersökning: 14% av amerikaner vill ha kryptobelöningar för att använda sina kreditkort

During the last few years, prepaid cards that offer cryptocurrency rewards have grown popular and a number of digital asset payment cards offer these types of rewards. This means instead of accruing frequent flyer miles or points, consumers get rewarded in......