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Zac Prince

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Coverage Timeline

2022-06-21
The Block 2 related

BlockFi CEO Zac Prince says the crypto lender “signed a term sheet with FTX to secure a $250M revolving credit facility”

- BlockFi secures $250 million revolving credit facility from crypto exchange FTX.  — The crypto lender says the deal ‘bolsters our balance sheet and platform strength.’ Source: @blockfizac .

2022-06-18
Financial Times 25 related

Sources: BlockFi was among the groups that liquidated at least some positions held by Three Arrows Capital, which failed to meet margin calls this past weekend

Negativity Continues to Plague the Crypto Hedge Fund Anushsamal / Bitcoinist.com : BlockFi Mentions That It Liquidated Three Arrows Capital, Here's What We Know! John P. Njui / Ethereum World News : D...

2022-06-14
Bloomberg 25 related

Major cryptocurrencies crash as the crypto market cap falls below $1T: bitcoin drops 15%+ to ~$22K, ether drops 16%+ to ~$1.2K, and Solana drops 7%+ to ~$28

(Any views expressed below are the personal views of the author … Mitchell Clark / The Verge : BlockFi and Crypto.com lay off hundreds of staff as coins slump Dylan LeClair / Bitcoin Magazine : Celsiu...

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