A non-custodial social wallet offering users an all-encompassing transacting experience underpinned by social, media, education, and seamless web3 integration.
BlockFi halted transactions last Thursday and may be preparing to file for bankruptcy after acknowledging “significant exposure” to FTX. BlockFi accepted $400 million worth of credit from FTX in July. BlockFi is also preparing to make job cuts. FTX’s bankruptcy froze millions worth of crypto company funds.
Bitcoin(BTC) is down 12.34%, and Ethereum (ETH) is down 11.67%. Bitcoin hit a low of $15,708.95, while Ethereum hit a low of $1,087.75. This is due to the disastrous FTX collapse.
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