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CoinGape
2022-11-30 12:09:30

The impact of Blockfi’s Bankruptcy on The Top 10 Cryptocurrencies

The impact of Blockfi’s Bankruptcy on The Top 10 Cryptocurrencies

BlockFi, a US-based cryptocurrency lender, has applied for Chapter 11 bankruptcy protection as a result of a liquidity crisis brought on by its proximity to FTX. BlockFi did business with FTX by lending money to the cryptocurrency trading company Alameda and by holding cryptocurrencies on FTX’s platform. According to BlockFi, the company’s assets and liabilities The post The impact of Blockfi’s Bankruptcy on The Top 10 Cryptocurrencies appeared first on CoinGape .

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