Crypto firm BlockFi files for bankruptcy, sues a Bankman-Fried company
The lawsuit came the same day BlockFi filed for bankruptcy in the aftermath of the collapse of crypto exchange FTX.
Source: usatoday.com
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SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Core Scientific, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of January 13, 2023
/PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Core Scientific, Inc.. Shareholders who purchased shares of CORZ during the...
Source: prnewswire.com
HK gaming giant Animoca to set up $2b fund to invest in metaverse firms
The fund, named Animoca Capital, plans to invest in mid- to late-stage firms in Web3.
Source: dealstreetasia.com
Disgraced founder of collapsed FTX Sam Bankman-Fried is set to face the public for the first time
FTX founder Sam Bankman-Fried is set to speak at the New York Times Deal Book summit on Wednesday to discuss the catastrophic collapse of his crypto empire and its impacts.
Source: dailymail.co.uk
2:00PM Water Cooler 11/30/2022 | naked capitalism
Today's Water Cooler
Source: nakedcapitalism.com
Crypto lenders' woes worsen as bitcoin miners struggle to repay debt
Miners are defaulting on loans, sending thousands of machines back to lenders
Source: gulfnews.com
European Central Bank says "cumbersome, slow and expensive" Bitcoin is on "road to irrelevance"
The collapse of TerraUSD in May wiped almost $1 trillion off the crypto market. We've since seen the Celsius Network declare bankruptcy, FTX fall apart, and millions...
Warren Buffett Christine Lagarde Ulrich Bindseil Charlie Munger European Central Bank Berkshire Hathaway
Source: techspot.com
Crypto lender BlockFi files for bankruptcy, cites FTX exposure
New Jersey-based BlockFi, founded by fintech executive-turned-crypto entrepreneur Zac Prince, said in a bankruptcy filing that its substantial exposure to FTX created a liquidity crisis
Source: businesstoday.in
How FTX 'Death Spiral' Spelled Doom for BlockFi, According to Bankruptcy Filing – NBC Los Angeles
FTX was supposed to be BlockFi’s savior, not their undoing, but BlockFi’s Chapter 11 filing stretches back to spring 2022, beginning and ending with FTX.
Source: nbclosangeles.com
Crypto lender BlockFi files for bankruptcy, cites FTX exposure | The Asahi Shimbun: Breaking News, Japan News and Analysis
Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection, it said on Monday, the latest crypto casualty after the firm was hurt by exposure to the spectacular collapse of the FTX exchange earlier this month.
Source: asahi.com