Report: BlockFi's Risky Investment in FTX and Alameda Despite Knowledge of Infamous Balance Sheet
According to a recently unsealed report made in Friday's court filing, BlockFi Inc. executives ignored repeated warnings from their risk management team regarding significant loans to Sam Bankman-Fried's Alameda Research...
Read More: Report: BlockFi's Risky Investment in FTX and Alameda Despite Knowledge of Infamous Balance Sheet
Original source
Read on CryptonewsRelated market context
Michael Saylor: 25% of Mag8 companies hold Bitcoin on balance sheets
The inclusion of Bitcoin by major tech firms signals a growing trend of digital assets being considered as strategic financial ins...
Coinbase Quantum Report Warns Millions Of Bitcoin Could Face Future Security Risks
TL;DR Coinbase’s Quantum Advisory Council published a report on post-quantum migration and abandoned coins. The report estimates t...
SpaceX’s IPO exposes the first crack in tokenized stocks – fragmented ownership and allocation
SpaceX priced its IPO at $135 per share on June 11, raised $75 billion in the largest public offering in history, and opened on Na...
Bitfinex Report Highlights Tokenization as the Key to Venezuela’s Economic Rebuild
In a recent report, Bitfinex Securities highlights the relevance of tokenization in modernizing and streamlining Venezuelan market...
Elon Musk’s trillionaire status puts his net worth above crypto’s entire market cap outside Bitcoin
Elon Musk has become the first person in modern history to amass a personal net worth exceeding $1 trillion, crossing the historic...
Humanity Protocol’s $36M hack linked to suspected North Korean hackers, Quantstamp reports
The incident underscores the urgent need for improved cybersecurity measures and key management practices to protect against sophi...