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Business

Crypto lender BlockFi files for bankruptcy protection, caught in FTX fallout | CBC News

[ad_1] Business·New U.S. cryptocurrency lender BlockFi said on Monday it had filed for Chapter 11 bankruptcy protection along with eight…

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Stock Market

Crypto Lender BlockFi Goes Bankrupt in Aftermath of FTX Meltdown

[ad_1] (Bloomberg) — BlockFi Inc. filed for bankruptcy, the latest crypto firm to collapse in the wake of crypto exchange…

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Technology

Binance CEO Changpeng Zhao says the exchange aims for a ~$1B fund to buy distressed assets and plans to make another bid for bankrupt lender Voyager Digital (Bloomberg)

[ad_1] Bloomberg: Binance CEO Changpeng Zhao says the exchange aims for a ~$1B fund to buy distressed assets and plans…

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Technology

Sources: crypto lender BlockFi is preparing to file for bankruptcy within days; FTX US provided BlockFi with a $400M revolving credit line in July 2022 (Bloomberg)

[ad_1] Bloomberg: Sources: crypto lender BlockFi is preparing to file for bankruptcy within days; FTX US provided BlockFi with a…

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Technology

Voyager Digital's bankruptcy lawyer says the crypto lender is no longer selling itself to bankrupt crypto exchange FTX; FTX agrees Voyager can pursue other bids (Steven Church/Bloomberg)

[ad_1] Steven Church / Bloomberg: Voyager Digital’s bankruptcy lawyer says the crypto lender is no longer selling itself to bankrupt…

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Technology

Sources: Celsius founder Alex Mashinsky withdrew $10M from the crypto lender weeks before freezing customer accounts; one source says $8M was used to pay taxes (Kadhim Shubber/Financial Times)

[ad_1] Kadhim Shubber / Financial Times: Sources: Celsius founder Alex Mashinsky withdrew $10M from the crypto lender weeks before freezing…

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Technology

Sources: FTX is in the process of raising $1B as Sam Bankman-Fried considers bidding for bankrupt lender Celsius Network's assets (Olga Kharif/Bloomberg)

[ad_1] Olga Kharif / Bloomberg: Sources: FTX is in the process of raising $1B as Sam Bankman-Fried considers bidding for…

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Technology

Celsius co-founder and CEO Alex Mashinsky resigns from the bankrupt cryptocurrency lender, writing his "role as CEO has become an increasing distraction" (Vicky Ge Huang/Wall Street Journal)

[ad_1] Vicky Ge Huang / Wall Street Journal: Celsius co-founder and CEO Alex Mashinsky resigns from the bankrupt cryptocurrency lender,…

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Technology

Crypto lender Nexo buys a stake in the parent of Summit National Bank, a US regulated bank, paving the way for it to offer US licensed banking services (Ryan Browne/CNBC)

[ad_1] Ryan Browne / CNBC: Crypto lender Nexo buys a stake in the parent of Summit National Bank, a US…

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Business

Bankrupt crypto lender Voyager to sell assets to Sam Bankman-Fried’s FTX for $1.4 billion

[ad_1] Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode…

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