Bitcoin (BTC) $85,231.52 0.43%
Ethereum (ETH) $2,699.08 0.65%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 121.699353 1.90%
Chainlink (LINK) $14.11 1.66%
Cardano (ADA) $0.25 0.03%
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Cryptocurrencies: 30150

Markets: 112748

Market Cap: $2,905,670,792,924

24h Vol: $41,554,957,053

Bitcoinist

2022-11-16 07:42:32

Crypto Lender BlockFi Prepares To Go Belly Up Amid FTX Bankruptcy

Crypto Lender BlockFi Prepares To Go Belly Up Amid FTX Bankruptcy

BlockFi, a cryptocurrency platform offering multiple financial products like low-interest loans and a crypto rewards credit card, could become the latest casualty following the FTX collapse that continues to hurt the entire cryptocurrency market. Although the company initially denied having most of its assets in the cryptocurrency exchange, management has now admitted having significant exposure

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