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 BlockFi and 3AC settlement deal gets judges go ahead but remains sealed

BlockFi and 3AC settlement deal gets judges go ahead but remains sealed


Published: 2024-02-07


1. BlockFi and Three Arrows Capital Deal: A judge has given approval for the sealed agreement between BlockFi and Three Arrows Capital to proceed. The deal,which remains confidential,has attracted significant attention within the crypto industry. BlockFi,a cryptocurrency lending platform,has been experiencing rapid growth recently,and the partnership with Three Arrows Capital,a prominent investment firm,further solidifies its position in the market.

2. Implications for BlockFi: The sealed deal with Three Arrows Capital is expected to have transformative effects on BlockFi's business. With Three Arrows Capital's strong financial backing and expertise in the crypto space,BlockFi can access additional resources to expand its product offerings and improve its service quality. This partnership could potentially lead to new financial products and services that cater to the growing demand for decentralized finance (DeFi) solutions.

3. Regulatory and Legal Considerations: The sealed nature of the BlockFi and Three Arrows Capital deal indicates potential regulatory and legal concerns. The crypto industry operates in a rapidly evolving landscape,and this partnership may be subject to scrutiny from regulatory bodies. The sealing of the deal could be an attempt to maintain confidentiality until all necessary regulatory requirements are met. Investors and industry participants will closely monitor any developments in this regard. Overall,the BlockFi and Three Arrows Capital deal is a significant development within the crypto industry. The agreement,although sealed,is expected to have a transformative impact on BlockFi's business operations. With three key players involved,including the judge who approved the deal,the implications for the market and potential regulatory considerations make this a story worth following closely.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,051.10 2,184,358,886.90
2 BTC title=BTC 62,857.71 1,778,388,693.71
3 ETH title=ETH 2,969.30 826,533,447.64
4 SOL title=SOL 146.01 495,461,565.30
5 PEPE title=PEPE <0.01 361,185,661.40
6 DOGE title=DOGE 0.15 180,440,473.87
7 WIF title=WIF 3.04 161,259,466.13
8 XRP title=XRP 0.51 141,503,364.34
9 BOME title=BOME 0.01 137,664,356.92
10 RNDR title=RNDR 11.35 132,973,918.22
11 RUNE title=RUNE 6.04 118,951,005.89
12 WLD title=WLD 5.81 118,159,441.22
13 ENA title=ENA 0.81 87,410,259.54
14 NEAR title=NEAR 7.21 80,320,206.79
15 BONK title=BONK <0.01 53,849,557.20
16 AR title=AR 39.94 53,156,839.52
17 JTO title=JTO 3.96 52,509,708.79
18 FLOKI title=FLOKI <0.01 50,908,141.00
19 UMA title=UMA 4.16 49,966,628.98
20 AVAX title=AVAX 33.32 47,031,111.05
21 ARKM title=ARKM 2.47 42,549,145.47
22 ETHFI title=ETHFI 3.61 40,535,531.18
23 ADA title=ADA 0.44 39,760,277.82
24 ICP title=ICP 11.88 38,286,379.54
25 ORDI title=ORDI 36.99 37,077,670.78
26 FTM title=FTM 0.69 35,399,019.60
27 MATIC title=MATIC 0.67 34,538,011.32

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Pepe title=PEPE <0.01 +7.95
2 Powerledger title=POWR 0.32 +6.11
3 Lisk title=LSK 2.00 +6.05
4 FLOKI title=FLOKI <0.01 +6.02
5 Bonk title=BONK <0.01 +5.49
6 UMA title=UMA 4.16 +4.13
7 NEAR Protocol title=NEAR 7.21 +3.65
8 RAD title=RAD 1.78 +3.48
9 Stacks title=STX 2.05 +3.16
10 Wrapped NXM title=WNXM 62.69 +3.09
11 Bitcoin title=BTC 62,857.71 +2.86
12 Wrapped Bitcoin title=WBTC 62,816.46 +2.78
13 Horizen title=ZEN 8.50 +2.78
14 Vanar Chain title=VANRY 0.17 +2.75
15 Numeraire title=NMR 26.63 +2.66
16 BTTC <0.01 +2.56
17 Compound title=COMP 55.70 +2.45
18 DataBot title=DATA 0.05 +2.36
19 Render title=RNDR 11.35 +2.35
20 Dogecoin title=DOGE 0.15 +2.33
21 Bitcoin Cash title=BCH 443.10 +2.14
22 Sushi title=SUSHI 1.08 +2.09
23 Chromia title=CHR 0.27 +2.07
24 ORDI title=ORDI 36.99 +1.79
25 Polymesh title=POLYX 0.39 +1.78
26 dogwifhat title=WIF 3.04 +1.75
27 Ravencoin title=RVN 0.03 +1.68
28 Storj title=STORJ 0.52 +1.61
29 xMoney title=UTK 0.08 +1.54
30 1000SATS (Ordinals) title=1000SATS <0.01 +1.54

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Bounce title=AUCTION 14.86 -13.76
2 Saga title=SAGA 2.52 -13.55
3 SuperRare title=RARE 0.13 -12.85
4 Renzo title=REZ 0.12 -10.97
5 Aevo title=AEVO 1.09 -10.78
6 Tensor title=TNSR 0.85 -9.98
7 ForTube title=FOR 0.02 -9.41
8 Jito title=JTO 3.96 -9.36
9 Aergo title=AERGO 0.13 -8.42
10 Pendle title=PENDLE 3.98 -8.22
11 High title=HIGH 4.53 -7.86
12 Hive title=HIVE 0.32 -7.63
13 Synapse title=SYN 0.75 -7.46
14 Moonriver title=MOVR 15.12 -7.09
15 iExec RLC title=RLC 3.12 -6.92
16 Polkastarter title=POLS 0.68 -6.65
17 Portal title=PORTAL 0.80 -6.61
18 GMX title=GMX 27.95 -6.18
19 Verge title=XVG <0.01 -5.92
20 Viction title=VIC 0.45 -5.91
21 Pyth Network title=PYTH 0.43 -5.66
22 Ellipsis X title=EPX <0.01 -5.65
23 Omni Network title=OMNI 16.24 -5.58
24 BENQI title=QI 0.02 -5.55
25 Paris Saint-Germain Fan Token title=PSG 3.90 -5.50
26 NFPrompt title=NFP 0.47 -5.43
27 Fantom title=FTM 0.69 -5.35
28 Cortex title=CTXC 0.32 -5.31
29 Komodo title=KMD 0.39 -5.21
30 SelfKey title=KEY <0.01 -5.19

Bitcoin's Greed and Fear Index.

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57
Greed

Global CryptoCurrency News

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(See more news ...)
at news date
1 Religious leaders debate going to church in the metaverse 2024-05-13
2 Sam Altman thinks giving everyone a slice of GPT could pay for UBI 2024-05-13
3 Blockchain adoption in healthcare faces serious obstacles in Germany 2024-05-13
4 Bitcoin trades sideways while TON RNDR PEPE and AR flash bullish signs 2024-05-13
5 Bitcoin whale wallets move 61M in BTC after a decade of dormancy 2024-05-13
6 North Korean hackers deploy Durian malware targeting crypto firms 2024-05-13
7 Bitcoin repeats 2016 history perfectly amid 350K price prediction Traders 2024-05-12
8 Is the altcoin market set for an explosive rally Analysts eye these 3 indicators 2024-05-12
9 Apple finalizing deal with OpenAI for ChatGPT iPhone integration Report 2024-05-12
10 Nigerias foreign investment at risk due to Binance bribery allegations 2024-05-12
11 Runes protocol sees significant decline in activity 2024-05-12
12 Franklin Templeton CEO says all ETFs and mutual funds will be on blockchain 2024-05-12
13 Bitcoin repeats 0392016 history perfectly039 amid 350K price prediction Traders 2024-05-12
14 Mark Cuban advocates for CFTC to regulate all crypto ahead of US election day 2024-05-11
15 SEC insists that Coinbase just does not like the answer 2024-05-11
16 Binance to be under FRA surveillance for next 3 years Report 2024-05-11
17 ARK and 21Shares drop staking plans from Ethereum ETF proposal 2024-05-11
18 What is cryptocurrency insurance and how does it work 2024-05-11
19 Bitcoin halving 039danger zone039 has 2 days left with BTC price retesting 60K 2024-05-11
20 Interpol Nigeria boosts cybersecurity with virtual asset training 2024-05-11
21 JPMorgans Onyx to industrialize blockchain PoCs from Project Guardian 2024-05-11
22 Bitcoin volatility plunges below Tesla Nvidia stocks amid 100K price prediction 2024-05-11
23 OKX Ventures invests in Web3 play ARPG to train AI game Blade of God X 2024-05-11
24 3 reasons why traders put an 800 target on BNB price 2024-05-11
25 Solana fees to surpass Ethereum trader loses over 1M due to hard fork Finance Redefined 2024-05-11
26 House expected to vote on crypto bill offering SEC CFTC clarity in May 2024-05-11
27 Crypto Biz SEC targets Robinhood Grayscales Ethereum ETFs and more 2024-05-11
28 WBTC address poisoner sends nearly all funds back to victim after negotiations 2024-05-11
29 JPMorgan reports holding shares of several spot Bitcoin ETFs 2024-05-11
30 Open source CBDCs arent going to protect you from government 2024-05-11
31 Mark Cuban advocates for CFTC to regulate 039all crypto039 ahead of US election day 2024-05-11
32 SEC insists that Coinbase 039just does not like the answer039 2024-05-11
33 ByBit to launch Notcoin trading and withdrawals next week 2024-05-10
34 Grayscale Bitcoin ETF nullifies 669M inflows in 2 days 2024-05-10
35 Telegram linked Toncoin soars 50 in May for these 3 reasons 2024-05-10
36 IMF backs Nigeria crypto adoption amid local SEC crackdown 2024-05-10
37 Bitcoin still lacks 60K support as BTC price nears 100M liquidity zone 2024-05-10
38 Binance obtains FIU approval for India return 2024-05-10
39 Zilliqa battles back to back network disruptions amid latest upgrade rollout 2024-05-10
40 US officials seek easier pathways to ban AI exports and keep tech secrets in 2024-05-10
41 Crypto firms brace for intensified SEC CFTC action after regulator warning 2024-05-10
42 Hong Kong issuer seeks spot Bitcoin ETF for mainland China 2024-05-10
43 Coinbases Stand With Crypto launches political action committee 2024-05-10
44 Bugs in Gains Network fork let traders profit 900 on every trade Report 2024-05-10
45 Trump themed MAGA memecoin rallies after his pro crypto comments 2024-05-10
46 Coinbase sees infinite interoperability potential with Ethereum and USDC 2024-05-10
47 Binance hits back at WSJ Hong Kong crypto ETFs take 50B equivalent Asia Express 2024-05-10
48 Base set for material share of SocialFi activity Franklin Templeton 2024-05-10
49 Marathon Digital misses Q1 estimates on bad weather utility failures 2024-05-10
50 Bitcoin could soon BLOW higher on bullish candle hammer Glassnode execs 2024-05-10

US news that has a significant impact on the market

at news day date time
1 FOMC Member Jefferson Speaks Monday 13-05-2024 14:00
2 FOMC Member Mester Speaks Monday 13-05-2024 14:00
3 Mortgage Delinquencies Monday 13-05-2024 15:00
4 NFIB Small Business Index Tuesday 14-05-2024 11:00
5 Core PPI m/m Tuesday 14-05-2024 13:30
6 PPI m/m Tuesday 14-05-2024 13:30
7 FOMC Member Cook Speaks Tuesday 14-05-2024 14:10
8 Fed Chair Powell Speaks Tuesday 14-05-2024 15:00
9 Core CPI m/m Wednesday 15-05-2024 13:30
10 Core Retail Sales m/m Wednesday 15-05-2024 13:30
11 CPI m/m Wednesday 15-05-2024 13:30
12 CPI y/y Wednesday 15-05-2024 13:30
13 Empire State Manufacturing Index Wednesday 15-05-2024 13:30
14 Retail Sales m/m Wednesday 15-05-2024 13:30
15 Business Inventories m/m Wednesday 15-05-2024 15:00
16 NAHB Housing Market Index Wednesday 15-05-2024 15:00
17 Crude Oil Inventories Wednesday 15-05-2024 15:30
18 FOMC Member Bowman Speaks Wednesday 15-05-2024 20:20
19 TIC Long-Term Purchases Wednesday 15-05-2024 21:00
20 Unemployment Claims Thursday 16-05-2024 13:30
21 Building Permits Thursday 16-05-2024 13:30
22 Philly Fed Manufacturing Index Thursday 16-05-2024 13:30
23 Housing Starts Thursday 16-05-2024 13:30
24 Import Prices m/m Thursday 16-05-2024 13:30
25 Industrial Production m/m Thursday 16-05-2024 14:15
26 Capacity Utilization Rate Thursday 16-05-2024 14:15
27 FOMC Member Barr Speaks Thursday 16-05-2024 15:00
28 Natural Gas Storage Thursday 16-05-2024 15:30
29 FOMC Member Mester Speaks Thursday 16-05-2024 17:00
30 FOMC Member Bostic Speaks Thursday 16-05-2024 20:50
31 CB Leading Index m/m Friday 17-05-2024 15:00
32 FOMC Member Waller Speaks Friday 17-05-2024 15:15
33 FOMC Member Kugler Speaks Saturday 18-05-2024 22:45

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