Cryptocurrencies: 30358
Markets: 109486
Market Cap: $2,690,561,703,467     
24h Vol: $90,429,152,435
Cryptela — Cryptocurrency News and Market Intelligence
CoinGape 2022-11-30 12:09:30

The impact of Blockfi’s Bankruptcy on The Top 10 Cryptocurrencies

BlockFi, a US-based cryptocurrency lender, has applied for Chapter 11 bankruptcy protection as a result of a liquidity crisis brought on by its proximity to FTX. BlockFi did business with FTX by lending money to the cryptocurrency trading company Alameda and by holding cryptocurrencies on FTX’s platform. According to BlockFi, the company’s assets and liabilities The post The impact of Blockfi’s Bankruptcy on The Top 10 Cryptocurrencies appeared first on CoinGape .
Advertise on Cryptela

Videos
  • What is a Bitcoin Wallet? How Bitcoin Wallets Work? Public & Private Key Explained!

  • Stock Market Vs Crypto Fundamentals! Which is the best? Explained!

  • The Metaverse to Replace the Real World!

  • Bitcoin Halving Explained: Why It Is So Important?