Latest News FTX Provides $250M Credit to BlockFi: Breaking News By AtoZcrypto Posted on June 26, 2022 1 min read 0 1 974 FTX has decided to provide a $250 million credit facility to BlockFi, as confirmed by BlockFi CEO Zac Prince on Twitter. The company has issued a press release, stating that this would strengthen the platform. The proceeds from this credit facility will be used for BIA, BPY, and as loan collaterals, as per users’ needs. Further documentation on this will be released soon, by both these parties, the CEO further stated. The companies signed an agreement at a time when the crypto market is going through a rough patch. This is not the first time that FTX has decided to assist other crypto organizations, including Celsius, BlockFi’s one of the competitors.
Stripe Have A Go On Fiat-Crypto Conversion Stripe, a payment firm, has started a project to initiate fiat-crypto conversion for merchants …
Binance Sets Aside Another $1B For Crypto Recovery Fund Binance has decided to create a fund for cryptocurrencies given the current market situation. …
Protect Your Crypto Account with 2FA Hacks in Crypto are becoming more prevalent and hackers have grossed over $3 billion …
Before FIFA World Cup, Sports Fan Tokens Are Rallying We have seen gloomy days in the cryptocurrency community after FTX’s lapse. But there …
