FTX Seeking Path to Buy Robinhood, No Formal Approach Made Yet: Report
Sam Bankman-Fried’s FTX crypto exchange is exploring whether it might be able to acquire Robinhood Markets, Bloomberg News reported on Monday, citing people with knowledge…
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Crypto Exchange FTX Is in Talks to Acquire a Stake in BlockFi: Report
Cryptocurrency exchange FTX is in talks to acquire a stake in crypto lender BlockFi, the Wall Street Journal reported, citing people familiar with the matter. The companies had…
BlockFi Secures $250 Million Revolving Credit Facility From FTX
Cryptocurrency exchange and digital wallet service provider BlockFi has announced that it had been loaned $250 million (roughly Rs. 1,955 crore) by leading crypto derivatives…
Coinbase Trims Workforce by 18 Percent Amid Economic Downturn
Coinbase, one of world’s largest crypto exchanges, has announced the lay-off of 18 percent of its workforce in the backdrop of losses hitting the digital assets sector. The…
Crypto Players BlockFi and Crypto.Com Announce Lay-Offs, Here’s Why
Two Web3 firms, BlockFi and Crypto.com have announced lay-offs from their respective companies in the backdrop of the current industry slowdown. While BlockFi, the crypto trading…
BlockFi Made to Pay $100 Million as Penalty to US SEC: Here’s Why
Crypto-lending platform BlockFi has agreed to pay $100 million (roughly Rs. 755 crore) to settle ongoing investigations from the US Securities and Exchange Commission (SEC) and…