BlockFi Mulls Bankruptcy Filing and Layoffs in Wake of FTX Collapse, Met With Binance
The struggling crypto lender paused customer withdrawals last week, and is now exploring a Chapter 11 filing, a company source told Decrypt.
Source: decrypt.co
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Gemini Earn Warns Customers of Likely Withdrawal Delays Due to Genesis Lending Pause
Crypto exchange Gemini announced there may be withdrawal delays on its Earn product due to lending partner Genesis halting withdrawals.
Source: decrypt.co
Liquid Global Halts Withdrawals as FTX Contagion Continues
FTX-owned cryptocurrency exchange Liquid Global has announced the suspension of all fiat and crypto withdrawals.
Source: decrypt.co
Bahamas Police Are Investigating Potential 'Criminal Misconduct' by FTX
The Royal Bahamas Police Force is "working closely with the Bahamas Securities Commission to investigate if any criminal misconduct occurred."
Source: decrypt.co
Hundreds of Millions of Dollars Drained From FTX Overnight in 'Unauthorized' Transfers
Several wallets belonging to FTX were rapidly drained just before midnight. An FTX Telegram admin called it a hack and told users not to visit the site.
Source: decrypt.co