Bitcoin News / Bitcoinist - 2 years ago
A leaked investor call from Tuesday discloses that Morgan Creek Digital is attempting to collect $250 million from investors to acquire a controlling interest in crypto lender BlockFi.
Through participation in BlockFi’s D series fundraise, the...
Cryptocoins News / Blockchain - 2 years ago
Sam Bankman-Fried’s FTX Derivatives Exchange is reportedly making internal deliberations on how to acquire Nasdaq-listed brokerage firm Robinhood Markets Inc. However, FTX denied its claims.
Bloomberg earlier, citing people familiar with the delib...
Cryptocoins News / The Cointelegraph - 2 years ago
Reportedly, ongoing talks followed BlockFi signing a term sheet with FTX to secure a $250 million revolving credit facility on Tuesday. Crypto exchange FTX is reported...
Cryptocoins News / Blockchain - 2 years ago
FTX US is deepening its hold as it looks to hit it off on the right foot with regulators concerning its new stock product offerings.
In doing this, the firm has the acquisition of Embed Financial Technologies Inc., including its wholly-owned subs...
Cryptocoins News / Blockchain - 2 years ago
Struggling digital assets company BlockFi has received a $250 million credit facility from FTX Derivatives Exchange as it looks to survive the current downturn in the crypto industry.
BlockFi CEO Zac Prince on Tuesday that the company is now on tra...
Cryptocoins News / NewsBTC - 2 years ago
Is FTX saving the crypto industry or taking control of it? The derivatives-focused cryptocurrency exchange has been on the sidelines, watching everything around them collapse, and finally decided to take action. That or, as the rumor says, FTX creat...
Cryptocoins News / The Cointelegraph - 2 years ago
The United States-based subsidiary of cryptocurrency exchange FTX will acquire Embed Financial Technologies as part of a deal aimed at “enhancing” the company’s stock offering.In a Tuesday announcement, FTX US said it will purchase Embed Financial Te...
Bitcoin News / Bitcoin.com - 2 years ago
The crypto lender Blockfi detailed on Tuesday that the company secured a $250 million line of credit from FTX. Blockfi’s CEO Zac Prince announced on Twitter that the company will use the capital to bolster Blockfi’s “balance...
Cryptocoins News / The Cointelegraph - 2 years ago
BlockFi, a cryptocurrency exchange and digital wallet service provider, has secured a $250 million credit from leading crypto platform FTX.
BlockFi has signed a term sheet with FTX crypto exchange to secure a $250 million revolving credit facility....
Cryptocoins News / The Cointelegraph - 2 years ago
Cryptocurrency derivatives exchange FTX has entered into an agreement to purchase Canadian crypto platform Bitvo.In a Friday announcement, FTX Trading Limited said it planned to acquire Bitvo as part of the crypto exchange’s effort to offer its produ...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. GAIMIN has solved a key issue for gamers – re-usable, purchased in-game assets that are not lost when a game closes or the gamer wants to play a different game. With GAIMIN’s world first NFTxg, a gamer can now securely i...
Cryptocoins News / The Cointelegraph - 2 years ago
Crypto staking and lending platform Celsius may be dealing with its rumored liquidity crisis by unstaking $247 million worth of Wrapped Bitcoin (wBTC) from Aave and sending it to the FTX exchange.Speculations among the crypto community are now flarin...
Cryptocoins News / The Cointelegraph - 2 years ago
Australian crypto exchange Swyftx wants to eventually offer seamless trading between traditional and crypto-asset classes, with its first step being the completion of its $1.5 billion merger deal with online investing platform Superhero. The deal to...
Cryptocoins News / The Cointelegraph - 2 years ago
Amid unfavorable market conditions, some cryptocurrency-related firms decided to cut their workforce or freeze hiring. However, crypto exchange platform FTX will continue hiring new personnel as the crypto winter continues. In a Twitter thread, FTX C...
Cryptocoins News / The Cointelegraph - 2 years ago
Two out of the top 10 largest cryptocurrency exchanges by volume will expand into new markets, with Crypto.com obtaining a provisional crypto license in Dubai and FTX launching in Japan.Crypto.com announced on Thursday that the Dubai Virtual Assets R...