Crypto Lender BlockFi Files for Chapter 11 Bankruptcy
Cryptocurrency lender BlockFi filed for Chapter 11 bankruptcy protection in the United States on Monday, just days after suspending withdrawals amid the fallout from FTX. The FTX contagion has claimed…
FTX logos and promotional material still everywhere despite bankruptcy proceedings
Though some officials have removed all traces of their deals with FTX, the firm’s branding still appears on a few sports venues and merchandise.
Singapore requires banks to hold $125 for every $100 Bitcoin exposure
Singapore’s senior minister Tharman Shanmugaratnam said on Nov. 28 that banks in the country must hold $125 of capital against every $100 exposure to risky crypto assets like Bitcoin (BTC)…