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FTX Reaches Deal to Acquire BlockFi for Up to $240M as CeFi Lenders Buckle Under Market Pressure
Markets

FTX Reaches Deal to Acquire BlockFi for Up to $240M as CeFi Lenders Buckle Under Market Pressure

FTX, the second-biggest cryptocurrency exchange by trading volume, has signed an option to purchase crypto lender BlockFi for as much as $240M, BlockFi CEO Zac Prince said Friday. 
Three Arrows is Under Investigation in Singapore for Providing False Information to the Country’s Central Bank
Markets

Three Arrows is Under Investigation in Singapore for Providing False Information to the Country’s Central Bank

Authorities in Singapore are investigating troubled crypto hedge fund Three Arrows Capital, the country’s central bank announced Thursday.
Optimism's TVL Doubles as Trading Activity Surges on Layer 2s
Markets

Optimism's TVL Doubles as Trading Activity Surges on Layer 2s

Loopring and Boba Network Shed Nearly $2B in TVL
Solend and Mango Markets Team Up to Handle Whale's $207M Debt
Markets

Solend and Mango Markets Team Up to Handle Whale's $207M Debt

Scramble to Protect No. 1 Lender on Solana Shifts into New Phase
Time Magazine and The Sandbox to Rebuild NYC in Metaverse
Markets

Time Magazine and The Sandbox to Rebuild NYC in Metaverse

Venerable Publication Latest Media Concern to Embrace NFTs
Celsius Defies Fear of Implosion as Token Soars 218%
Markets

Celsius Defies Fear of Implosion as Token Soars 218%

Short Squeeze Targets Investors Who Bet Against CEL
‘All Operations Are Normal’ Says Bankman-Fried as FTX Provides $250M Credit to BlockFi
Markets

‘All Operations Are Normal’ Says Bankman-Fried as FTX Provides $250M Credit to BlockFi

BlockFi, a crypto lending platform, has secured a revolving line of credit of $250M with FTX, the second-largest crypto exchange by trading volume, leaders of both companies said Tuesday. 
Synthetix Now Among Top-Earning Crypto Protocols After Atomic Swaps Take Off
Markets

Synthetix Now Among Top-Earning Crypto Protocols After Atomic Swaps Take Off

Synthetix is taking off after a proposal to increase trade speed was approved.