Markets

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.

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.

Markets
Optimism's TVL Doubles as Trading Activity Surges on Layer 2s
Loopring and Boba Network Shed Nearly $2B in TVL

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

Markets
Creditor Slaps Three Arrows With Ultimatum to Pay $658M in Debt or Face Default
Crypto Hedge Fund Confronts Latest Crisis

Markets
Time Magazine and The Sandbox to Rebuild NYC in Metaverse
Venerable Publication Latest Media Concern to Embrace NFTs

Markets
Celsius Defies Fear of Implosion as Token Soars 218%
Short Squeeze Targets Investors Who Bet Against CEL

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.

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.


