Crypto tech startup BlockFi confirmed today it has signed a $250 million revolving credit facility agreement with Crypto exchange FTX following last week’s reports that the company was exposed to the carnage at crypto hedge fund Three Arrows Capital. In a […]
The post Crypto exchange FTX bails out BlockFi with a $250M revolving credit as fear of insolvency spreads to crypto lenders appeared first on Tech News | Startups News.
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- Source: https://techstartups.com/2022/06/21/crypto-exchange-ftx-bails-blockfi-250m-revolving-credit-fear-insolvency-spreads-crypto-lenders-amid-rout-crypto-market/