7
BlockFi Customers Show Concern Over Its Speculated Bitcoin Lent to 3AC
source link: https://nextbigwhat.com/blockfi-customers-show-concern-over-its-speculated-bitcoin-lent-to-3ac/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
NBW Pluggdin BlockFi Customers Show Concern Over Its Speculated Bitcoin Lent to 3AC
Rumors of massive liquidations are fueling fears of complete insolvency at 3AC – while rumors say BlockFi has lent enormous sums of bitcoin to the firm.
A substantial amount of the bitcoin that customers deposited at BlockFi was directed to GBTC or 3AC. As a result, a large number of BlockFi’s bitcoin are illiquid.
I like thisUnlikeUpvoteI dislike thisUndislike
You May Also Like
US Insurers Are Interested in Crypto Investment, Finds Goldman Sachs Survey
Goldman Sachs recently released its annual global insurance investment survey, which included responses regarding cryptocurrencies for the first time, finding that 11% of U.S. insurance firms indicated either an interest…
JPMorgan Wants to Bring Trillions of Dollars of Assets into DeFi
Speaking to CoinDesk at Consensus 2022 in Austin, Texas, Tyrone Lobban, head of Onyx Digital Assets at JPMorgan, described in detail the bank’s institutional-grade DeFi plans and highlighted how much value in…
Newsletter
First Name
Email address:
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK