Bitcoin Magazine Head of Market Research Dylan LeClair Reacts to BlockFi’s Bankruptcy Filing on “Making Money”. Contagion fears in cryptocurrency markets continue to grow after BlockFi filed for bankruptcy on Monday due to the company’s financial ties to failed crypto exchange FTX. He now says he owes over 100,000 creditors between $1 billion and $10 …
FTX Crypto Contagion Continues After BlockFi Bankruptcy Read More »
New York CNN Business — Crypto lender BlockFi filed for bankruptcy on Monday, becoming the latest victim of the financial contagion triggered by the collapse of Sam Bankman-Fried’s empire. BlockFi announced earlier this month that it had halted withdrawals, citing “significant exposure” to Bankman-Fried’s FTX exchange, as well as its sister hedge fund Alameda. FTX, …
BlockFi Files For Bankruptcy As FTX Contagion Grips Crypto Markets | CNN Business Read More »
FTX’s collapse continues to fuel fears of contagion in the cryptocurrency space as investors wait to hear about companies that are likely to weather the heat. One of the big names to enter the circle of suspicion is the Grayscale Bitcoin Trust (GBTC), which has seen its rebate in the price of Bitcoin (BTC) hit …
Breakout of TON, TWT, CHZ and QNT amid fears of crypto contagion from traders Read More »
Contagion fears are sweeping the crypto industry as market participants race to determine who is exposed to Sam Bankman-Fried’s secretive digital asset trading company Alameda Research. Alameda, a proprietary trader, has been a low-key part of the entrepreneur’s crypto empire but is at the center of the storm that has engulfed his FTX crypto exchange. …
Contagion Fears Sweep Crypto Sector After FTX Liquidity Crunch Read More »
