Tue, 21-Oct-2025

FTX agrees to buy BlockFi for up to $240 million

BlockFi

FTX has announced an agreement with BlockFi that includes an option for the cryptocurrency exchange to acquire the lending platform.  The deal boosts the size of FTX’s assistance to BlockFi, which was $250 million last week.  Analysts have likened this “Lehman moment” for the digital asset industry. FTX has announced an agreement with BlockFi that … Read more

Crypto lender Celsius may restructure loans & make smart deals

Celsius

Cryptocurrency lender Celsius Network said it is investigating “strategic transactions” and “restructuring” its obligations. Company banned users from withdrawing digital assets in mid-June. Celsius contacted FTX for a bailout but was rebuffed, according to reports. Cryptocurrency lender Celsius Network said it is investigating “strategic transactions” and “restructuring” its obligations in an effort to mitigate the … Read more