Crypto lender BlockFi is kaput. The platform, which offered high yields on crypto deposits, has filed for bankruptcy protection. It’s the latest company to fall after the catastrophic collapse of FTX.
The pitch for crypto lending platforms is simple. Put your Bitcoin or Ethereum on the table, borrow some cash, and keep your money on the line for a possible upside, freeing up liquidity without ...
Zac Prince, the former chief executive and co-founder of collapsed crypto lender BlockFi Inc., is back in the digital asset industry as the head of Galaxy Digital’s new banking platform, Galaxy One.