After the bankruptcy of FTX, BlockFi is also facing bankruptcy. Payouts were already stopped last week.
The bankruptcy of crypto exchange FTX has sent shockwaves...
The crypto lending giant Celsius Network LLC is one of the highest-profile victims of the dawning Crypto Winter. On 12 June 2022, the company froze all withdrawals. Last week, rival lender BlockFi said it had struck a deal for a $250 million line of credit from a crypto exchange amid concerns by its own depositors. Financial services titan Goldman Sachs is reportedly raising $2 billion to purchase discounted assets from Celsius.
