BlockFi Poised to Build on Momentum Following Blockbuster 2021
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Bitcoin prices rose to an all-time high of $69K in 2021, spurring a tide of consumer interest in the cryptocurrency market BlockFi capitalized on this demand through the release of the first-ever…
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FTX had earlier floated a $250 million line of credit to BlockFi in a bid to stabilize its bleeding cash flows The crypto lender has been one of a number of recent operators caught off guard by slumping crypto markets Cryptocurrency exchange FTX has accelerated its shopping spree with a…
On Monday, the cryptocurrency lending company Blockfi announced that “market conditions” have had a “negative impact” on the firm’s business and it will be laying off “roughly 20%” of its staff. The... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]…