FTX

Goldman Deals Down-and-Out Crypto Another Blow, Dropping Coinbase to ‘Sell’
Goldman Deals Down-and-Out Crypto Another Blow, Dropping Coinbase to ‘Sell’
June 27, 2022  |  Cryptocurrency

Brian Armstrong isn’t having a good summer — and it’s only a week old. On June 14, J.P. Morgan downgraded the Coinbase CEO’s Nasdaq-listed cryptocurrency...

READ MORE >
Today in Crypto: Crypto Hit by Margin Calls; FTX Looking to Add BlockFi Stake to Portfolio
Today in Crypto: Crypto Hit by Margin Calls; FTX Looking to Add BlockFi Stake to...
June 26, 2022  |  Cryptocurrency

With the mass slump in bitcoin making it harder for miners to repay the $4 billion in loans backing their equipment, there could be risks...

READ MORE >
Crypto Exchange FTX Looking to Add BlockFi Stake to Portfolio
Crypto Exchange FTX Looking to Add BlockFi Stake to Portfolio
June 24, 2022  |  Cryptocurrency

Cryptocurrency exchange FTX is in talks to acquire a stake in crypto lender BlockFi after giving it a $250 million credit line this week, people...

READ MORE >
Well-Funded Crypto Survivors Smell Blood in the Water
Well-Funded Crypto Survivors Smell Blood in the Water
June 23, 2022  |  Cryptocurrency

When cryptocurrency exchange Binance.US announced it was offering zero-fee trades on bitcoin, the results were predictable. Its biggest competitor, Nasdaq-listed Coinbase, saw its already crumbling...

READ MORE >
Today in Crypto: Binance.US Hopes to Raise Another $50M; Crypto Donors Doubled-Down on Funding in US Politics Through May
Today in Crypto: Binance.US Hopes to Raise Another $50M; Crypto Donors Doubled-Down on Funding in...
June 21, 2022  |  Cryptocurrency

Crypto exchange FTX announced Tuesday (June 21) that it’s buying Embed Financial Technologies, which will give it Embed’s white-label brokerage services and application programming interfaces...

READ MORE >
Is One of Crypto’s Richest Billionaires Becoming its ‘Lender of Last Resort?’
Is One of Crypto’s Richest Billionaires Becoming its ‘Lender of Last Resort?’
June 21, 2022  |  Cryptocurrency

The richest of crypto’s billionaires, Sam Bankman-Fried, is riding to crypto’s rescue, bailing out two teetering firms to the tune of nearly $750 million dollars....

READ MORE >
Crypto Lender BlockFi Secures $250M Credit Line From FTX
Crypto Lender BlockFi Secures $250M Credit Line From FTX
June 21, 2022  |  Cryptocurrency

Cryptocurrency lending startup BlockFi secured a $250 million credit line with cryptocurrency exchange FTX to bolster its balance sheet and provide long-term stability. BlockFi CEO...

READ MORE >
Today in Crypto: Babel Finance Stops Withdrawals; MakerDAO Suspends Some Activity on Aave
Today in Crypto: Babel Finance Stops Withdrawals; MakerDAO Suspends Some Activity on Aave
June 19, 2022  |  Cryptocurrency

Babel Finance has suspended its withdrawals and redemptions, a company notice said. This comes as it notes that the crypto has seen “major fluctuations” and...

READ MORE >
Bankman-Fried Bails Out Crypto Broker Voyager and Blames Fed for Downturn
Bankman-Fried Bails Out Crypto Broker Voyager and Blames Fed for Downturn
June 19, 2022  |  Cryptocurrency

Voyager Digital, the crypto broker, has reportedly gotten loans from Alameda Research, which is a trading outfit formed by FTX founder Sam Bankman-Fried, a Bloomberg...

READ MORE >