2023-1-24 10:20 |
Amid troubles in the crypto markets for the better part of 2022, BlockFi has been among the most hit firms. BlockFi, amid filing for bankruptcy, has now filed a request to be allowed to pay incentives. origin »
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According to Megan Crowell, losing certain employees could “severely [limit] the debtors’ options“ amid bankruptcy proceedings.
2023-1-24 23:45 | |
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3AC co-founder Zhu Su in a recent tweet, came at FTX and alameda accusing them of market manipulation amid the ongoing market crisis. Zhu additionally commented on BlockFi filing for bankruptcy.
2022-11-29 19:24 | |
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BlockFi became the latest platform to succumb to crypto contagion, filing for Chapter 11 bankruptcy on November 28. The post Exchanges dismiss rumors of insolvency amid rampant speculation appeared first on CryptoSlate.
2022-11-29 16:30 | |
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Crypto prices dived amid continued market contagion triggered by the FTX collapse earlier this month. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.
2022-11-29 01:30 | |
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BlockFi released a statement yesterday late in the evening, giving a progress update amid the FTX saga through the statement. The firm is looking into more options on how to better the situation.
2022-11-15 13:23 | |
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BlockFi, in a recent statement stated that it had paused withdrawals. The firm's actions was due to the uncertainty behind the FTX issue as the firm claims to have seen the deployments on Twitter.
2022-11-11 11:02 | |
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BlockFi has been approached by a party that includes fellow crypto lender Ledn in addition to its buyout offer of $25 million from FTX, Bloomberg reported Friday.
2022-7-1 15:00 | |
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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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Latest report about Singapore-based crypto hedge fund Three Arrows Capital (3AC) notes that the venture firm has not met margin calls from lenders. The news looks to spell more gloom for the firm, which has dominated headlines across the market amid the crypto downturn.
2022-6-17 00:50 | |
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BlockFi is firing 20% of its employees due to worsening macroeconomic conditions. BlockFi Anticipates Extended Global Recession BlockFi is letting go of 20% of its workforce. According to a Monday...
2022-6-14 20:26 | |
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“Multiple cases with the SEC, including ours, represent meaningful jobs and productive investment lost due to the SEC’s abuse of power and Congress’s inability to rectify the problem,” founder and CEO Joe Lubin said in a blog post.
The company cited macroeconomic headwinds limiting the company's ability to drive revenue as a reason for the cuts.
Nevada regulators recently ordered the crypto company, which BitGo had planned to buy, to cease operations and noted a shortfall in customer funds.
Alejandro Navia, President of NFT Now, tweeted that the Web3 publication had “over-hired.” Meanwhile, another founder of NFT Now’s Twitter was hacked over the weekend.
Binance has stopped offering certain benefits to its employees on June 19 as the company’s profits continue to decline, according to former employees and internal company messages viewed by the Wall Street Journal.
Binance has laid off over 1,000 workers globally in recent weeks, the Wall Street Journal reported.
Dapper Labs made prior cuts in February and November.