Crypto firm BlockFi filed for bankruptcy Monday, the latest cryptocurrency domino to fall after the collapse of FTX two weeks ago threatened to destabilize companies in the broader crypto ecosystem.
During the 2022 fiasco, major crypto companies such as FTX, BlockFi, Voyager Digital, and Three Arrows Capital went bankrupt.
Crypto lender BlockFi is kaput. The platform, which offered high yields on crypto deposits, has filed for bankruptcy protection. It’s the latest company to fall after the catastrophic collapse of FTX.
When crypto platform Stream Finance collapsed late last year, after roughly $93 million in user funds were lost, it exposed a ...
Bitcoin’s market dynamics have shifted from spot trading to derivatives like ETFs and options. The crypto landscape in 2025 will be vastly different from 2021, influenced by regulatory changes.
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