FTX’s Collateral Dropped to $9 Billion from $60 Billion
On Tuesday, November 22, in a letter to workers, FTX founder Sam Bankman-Fried outlined a $51 billion crash within the firm’s collateral which has dropped to $9 billion from $60….
Tag: collateral
BlockFi Will No Longer Accept Grayscale GBTC Shares As Collateral, Unwinds All Positions
Crypto lenders out there have been severely struggling to deal with liquidity challenges. On Tuesday, July 12, crypto lender BlockFi introduced that it’ll not be accepting Grayscale’s GBTC shares as….
Russia-Ukraine Conflict Helping Bitcoin To Become Global Digital Collateral: Mike McGlone
The continued disaster between Russia and Ukraine could be bringing out the perfect in Bitcoin. In line with Bloomber strategist Mike McGlone, the battle might mark one other step in….
$510 Million In Collateral Liquidations Will Trigger At This Ethereum (ETH) Price
The Ethereum blockchain continues to face problems with excessive gasoline charges. Nansen, an Ethereum gasoline payment monitoring platform, revealed that Ethereum gasoline charges have been on the rise. On the….
Kraken to facilitate NFTs as collateral for loans
Kraken CEO, Jesse Powell has finished it once more. Powell just lately revealed to Bloomberg that the crypto trade platform is now additionally working in the direction of launching a….