FTX in Talks to Acquire Part of BlockFi: Report

Australia News News

FTX in Talks to Acquire Part of BlockFi: Report
Australia Latest News,Australia Headlines
  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

.FTX_Official is in talks to potentially acquire a stake in troubled crypto lender BlockFi, according to the Wall Street Journal. By realDannyNelson

The potential tie-up would quickly deepen the financial relationship established when FTX extended a $250 million emergency line of credit to BlockFi earlier this week.Sam Bankman-Fried’s trading empire has emerged as a backstop for the crypto industry amid fears of contagion in the falling markets.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CoinDesk /  🏆 291. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mom of Uvalde's Maite Rodriguez talks symbolic green Converse, pain of losing her daughterMom of Uvalde's Maite Rodriguez talks symbolic green Converse, pain of losing her daughter'When I did see that they had those shoes there. I just told her, I said, 'Look at what you're doing, you're making changes.' I said, 'You're making changes for yourself, your classmates, and for future kids.''
Read more »

N. Korea's talks of new army duties suggest nuke deploymentN. Korea's talks of new army duties suggest nuke deploymentAnalysts expect a nuclear test, which would be North Korea's seventh, to take place after the military meeting.
Read more »

West Coast dock worker contract talks to extend past deadline: ‘Everyone is holding their breath’West Coast dock worker contract talks to extend past deadline: ‘Everyone is holding their breath’The 22,000 West Coast dock workers who load and unload most of the region’s cargo ships are not likely to reach an agreement with their employers by July 1— the expiration date for their current contract.
Read more »

U.S. not aware of assistance request from Taliban after quake, expects talks aheadU.S. not aware of assistance request from Taliban after quake, expects talks aheadThe U.S. State Department said it was not aware of any request for American assistance from Afghanistan's Taliban government after an earthquake there on Wednesday that killed at least 1,000 people.
Read more »

Padres' Fernando Tatis Jr. talks about process, progress in recovery from wrist surgeryPadres' Fernando Tatis Jr. talks about process, progress in recovery from wrist surgeryAll-Star shortstop has begun swinging bat, waits on almost daily basis to learn what next step will be in return
Read more »



Render Time: 2025-02-28 23:18:01