2023-1-15 23:21 |
Sam Bankman-Fried ordered Gary Wang, FTX's co-founder, to open the alleged credit line financed by the exchange's customers.
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Singh was integral in the founding of FTX, faces charges Code was written to help Alameda take out unlimited line of credit Singh and Gary Wang borrowed hundreds of millions US authorities are ramping up pressure on Sam Bankman-Fried’s inner circle as they scrutinize Nishad Singh, a former close FTX associate according to insiders.
2023-1-7 11:20 | |
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Uniswap and Curve saw increased user activity in the last month The price of UNI and CRV tokens saw some relief following FTX's fallout The sudden fallout of cryptocurrency exchange FTX leThe post Uniswap [UNI], Curve Finance [CRV] dominate the DEXs, credit goes to FTX appeared first on AMBCrypto.
2022-12-10 22:30 | |
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Shortly after Orthogonal got served with default notices on $36 million of crypto loans from Maple Finance, the firm’s credit team published a statement saying it was “speechless” and unaware of the extent of the trading team’s exposures.
2022-12-7 23:22 | |
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Nexus Mutual, which offers an insurance alternative for decentralized finance traders, deposited some $19 million in ETH to Maple’s wrapped ether credit pool, which was rocked by Orthogonal Trading’s recent default.
2022-12-6 02:52 | |
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Cryptocurrency trading firm Auros Global has missed a loan repayment of 2,400 Wrapped Ether (wETH) worth $3 million. The update was shared by the institutional credit underwriter M11 Credit which manaThe post Cryptocurrency firm Auros Global misses DeFi payment, thanks to FTX appeared first on AMBCrypto.
2022-12-1 13:30 | |
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The company missed payment on a 2,400 wrapped ether loan, worth $3 million, from a M11 Credit pool on Maple Finance.
2022-11-30 20:37 | |
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BlockFi has become the latest firm to file for bankruptcy, citing “significant exposure” to FTX It has sued FTX to reclaim Robinhood shares which it alleges Bankman-Fried had pledged as collateral BlockFi bankruptcy was a longtime coming, with the firm rescued by a $400 million credit facility from FTX earlier this year Regulation simply must […] The post BlockFi is bankrupt, where did it all go wrong? appeared first on CoinJournal.
2022-11-29 18:24 | |
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BlockFi filed for bankruptcy days after suspending withdrawals last week. FTX had extended a $400 million line of credit to the lender earlier this year.
2022-11-28 18:20 | |
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Companies that need to have their financials audited for cryptocurrency will probably have to pay extra for it, all credit to Sam Bankman-Fried's recent actions.
2022-11-28 16:47 | |
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FTX has announced a new agreement with Justin Sun’s blockchain network Tron, to allow holders of TRX and some other crypto tokens to swap assets from FTX to external wallets.
2022-11-11 15:15 | |
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TRON-founder Justin Sun tweeted an offer to buy assets or shares in Credit Suisse to bring it into Web3. The post Justin Sun pulls an FTX and offers to buy ailing Credit Suisse’s assets appeared first on CryptoSlate.
2022-10-4 15:00 | |
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Following on from its $400 million revolving credit deal with FTX, BlockFi has announced that from August 1st it will be increasing the yield it offers for deposits on several major stablecoins and cryptocurrencies.
2022-7-28 15:00 | |
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BlockFi has signed a term sheet with FTX involving a $400 million credit facility and an option to buy. Depending on BlockFi’s performance in the coming months, FTX could acquire the firm for $240 million.
2022-7-5 17:57 | |
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FTX billionaire Sam Bankman-Fried is eyeing distressed mining companies as potential acquisitions next after extending a credit line to BlockFi. The post FTX CEO Sets His Sights on Acquiring Distressed Mining Companies Next appeared first on BeInCrypto.
2022-7-3 18:00 | |
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The FTX CEO said helping rescue crypto miners might help mitigate the credit contagion in the crypto sector.
2022-7-2 00:45 | |
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BlockFi’s CEO Zac Prince on July 1 announced a $400 million credit facility from FTX and the option to purchase the company in its entirety for up to $240 million depending on performance. The post FTX gives BlockFi $400M credit facility; has option to buy company for up to $240 million appeared first on CryptoSlate.
2022-7-2 22:58 | |
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BlockFi will also receive a $400 million rolling credit facility from FTX.US. BlockFi Inks Deal With FTX.US BlockFi has agreed to an acquisition deal with FTX.US. (Long thread!) Excited to...
2022-7-2 21:33 | |
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I wrote here last week that cryptocurrency has a contagion problem, with a slew of firms caught up with overleveraged balance sheets and weak risk management. BlockFi had just taken a $250 million revolving credit facility with FTX, which for those who aren’t fluent in corporate-speak, is essentially a fancy term for “bailout”.
2022-7-1 19:29 | |
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FTX plans to buy a stake in BlockFi after previously extending an emergency line of credit.
2022-6-30 23:13 | |
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A curated weekly summary of forward-focused crypto news that matters. This week, derivatives dilute the value of Bitcoin, FTX extends a credit line to BlockFi, and Federal Reserve Chairman Powell says crypto needs a "better regulatory framework."
2022-6-27 23:30 | |
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FTX’s $250 million credit facility offer – if inked as initially proposed – stood to effectively wipe out all BlockFi shareholders, including Morgan Creek Digital, the firm told its investors.
2022-6-26 00:16 | |
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Reportedly, ongoing talks followed BlockFi signing a term sheet with FTX to secure a $250 million revolving credit facility on Tuesday.
2022-6-25 22:41 | |
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BlockFi is raising the yield on its Bitcoin, Ethereum, and stablecoin lending products three days after FTX extended the company a $250 million revolving line of credit. The Powers of...
2022-6-25 21:20 | |
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The rate increases across BTC, ETH, USDT and other crypto deposits come after layoffs at the company and a $250 million emergency line of credit from FTX.
2022-6-25 20:43 | |
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FTX previously extended a $250 million emergency line of credit to the struggling crypto lender earlier this week.
2022-6-25 18:30 | |
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Crypto lending platform BlockFi has signed a term sheet with leading crypto exchange FTX to secure a $250 million revolving credit facility, BlockFi CEO Zac Prince announced June 21. The post BlockFi gets $250 million credit facility from FTX to support platform appeared first on CryptoSlate.
2022-6-22 00:00 | |
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Two leading global crypto financial services companies BlockFi and FTX have today signed a term paper securing a $250 million revolving line of credit. This will provide BlockFi with access to more capital.
2022-6-22 18:11 | |
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BlockFi подписала с криптовалютной биржей FTX протокол о намерениях касательно получения возобновляемой кредитной линии на $250 млн. Today @BlockFi signed a term sheet with @FTX_Official to secure a $250M revolving credit facility providing us with access to capital that further bolsters our balance sheet and platform strength.
2022-6-21 17:58 | |
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BlockFi CEO Zac Prince said the loan would bolster the firms balance sheet and platform strength. BlockFi Accepts Credit From FTX BlockFi has partnered with FTX for a new line...
2022-6-21 17:38 | |
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At a time when a significant number of crypto platforms are struggling to remain afloat, BlockFi hopes the new credit line would help them secure user’s funds
2022-6-22 16:08 | |
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The proceeds will be used to fulfil client balances across all accounts.
2022-6-21 15:26 | |
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Cardholders will be able to open a line of credit using crypto's collateral and receive their paychecks into their card account directly and convert it into Bitcoin and Ether. The post Ledger Announces Integration with FTX and Coinbase, Launching Crypto Life Debit Card first appeared on BitcoinExchangeGuide.
2021-12-10 17:25 | |
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The team has announced a credit of $10 to every current and new users of the app. ACH withdrawals have also been activated on both FTX and Blockfolio. The post Blockfolio to Go Through Security Review After Getting Hacked to Display Offensive & Racist Content first appeared on BitcoinExchangeGuide.
2021-2-9 19:18 | |
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The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer should be classed as fraudulent.
The costly meltdown of global exchange FTX is still settling big chunks of its bankruptcy drama, now securing about $228 million from Bybit to further feed the cash dispersal that was approved in court earlier this month.
Bankrupt cryptocurrency exchange FTX has proposed a new reorganization plan that would see a whopping 98% of its creditors get back 118% of their claims – in cash – within 60 days of court approval, according to new documents filed Tuesday evening.
AI firm Anthropic has blocked Saudi Arabia from engaging in the sale process of 8% of its shares — currently owned by defunct crypto exchange FTX, CNBC reported on March 22, citing people familiar with the matter.
John J. Ray III Fires Back Against SBF’s ‘Delusional’ Claims Customers Lost No Money in FTX Collapse
London-based investment firm Attestor Capital, a top holder of FTX bankruptcy claims, has filed suit against a FTX creditor who allegedly promised to sell the firm two FTX accounts, only to back out of the deal once the value of its claims skyrocketed.
Gemini told the New York Department of Financial Services it would return at least $1.1 billion to its Earn customers after Genesis Global Capital wraps up its bankruptcy process, according to NYDFS.