Blockfi in trouble
WebMay 19, 2024 · BlockFi made a massive blunder that resulted in the crypto lending and trading platform accidentally sending out large sums of Bitcoin (CCC: BTC-USD) to some … WebJun 29, 2024 · No trouble. Reply energetic-dad • ... His firm invested a lot in BlockFi so they’re taking a 99% loss on it if this $25 million number is true. But in reality FTX loaned BlockFi $250 million on top so even if they sold for $25 million that’s really being sold for …
Blockfi in trouble
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WebMar 12, 2024 · Using the negative premium of minus 7.89% on the GBTC shares to illustrate the extent of the problem, the anonymous group posits that Blockfi faces a loss of $232 million. Anonymous Group Alleges ... WebIf you're still having trouble logging in to your account, please email [email protected]. Vote. Share. Report Save. 2 more replies. level 1 ... Powerup to unlock perks for …
WebJun 13, 2024 · BlockFi, a platform for trading and lending cryptocurrency, announced via a blog post on Monday that it’s laying off 20 percent of its 850 employees — around 170 to 200 people. CEO Zac Prince ... WebJun 25, 2024 · FTX’s $250 million credit facility offer – if inked as initially proposed – stood to effectively wipe out all BlockFi shareholders, including Morgan Creek Digital, the firm …
WebJun 30, 2024 · A leaked investor call from Morgan Creek Digital suggests BlockFi liquidated 3AC for $1 billion, while Celsius reportedly maintained a highly risky assets-to-equity ratio last year that may have ... WebNov 11, 2024 · Cryptocurrency lender BlockFi Inc. said it was pausing withdrawals and limiting activity on its platform, becoming the latest casualty of the sudden collapse …
WebNov 16, 2024 · "BlockFi has the necessary liquidity to explore all options and we have engaged expert outside advisors that are helping us navigate BlockFi’s next steps," BlockFi wrote in its blog post.
WebI wouldn't bring this type of energy to a situation as dire as this one; what's the point? To make BlockFi users feel worse about themselves? A post like this one could possibly be more reasonable after everything has shaken out, but doing this during the height of the hysteria is ill-intentioned. At the end of the day, you're a stranger typing on a keyboard … bobby van\u0027s steakhouse lunch special dcWebNov 8, 2024 · He gave credit facilities to lenders Voyager Digital and BlockFi and acquired a significant 7.6% stake in Robinhood, the brokerage house for Gen Z and millennials. He has an option to buy BlockFi. clinton bailey market buffalo nyWebJun 13, 2024 · Crypto lender BlockFi is cutting around 20% of its staff as the company reckons with a dramatic downturn in digital currencies and heightened concerns about a … bobby van\u0027s steakhouse bridgehampton nyWebJun 17, 2024 · Getty Images. Crypto lender BlockFi is struggling to raise cash despite offering to take a steep discount on its valuation, raising the … clinton baker facebookWebNov 11, 2024 · More Trouble In-Coming for BlockFi. Meanwhile, Adam Cochran, a well-known analyst, speculates the contagion amount is pretty much bigger than displayed! Just realized that while the actual user fund hole was $10B, the … clinton bailey market hoursWebMar 29, 2024 · Most common login issues can be resolved using the steps below. Feel free to check our Status page to review any outages or ongoing incidents that may be … bobby van\u0027s steakhouse washingtonWebNov 11, 2024 · BlockFi appeared to throw shade at FTX, saying, "We, like the rest of the world, found out about this situation through Twitter." This is surprising considering FTX had recently played the role of their savior, extending the embattled lender a $400 million credit facility in July to help stave off the bankruptcy faced by rivals Celsius and Voyager. clinton baker cpa