As BlockFi files for bankruptcy, how contagious will FTX’s downfall become?
BlockFi joined FTX, Celsius, Three Arrows Capital and Voyager in bankruptcy proceedings. Some wonder which crypto firm could be next.
What’s next on crypto’s chopping block?
It’s me! Hi! (I’m not the problem, just the podcast’s host, here to bring you the latest and greatest in startup and tech news this fine Monday morning). Welcome back to Equity, the
BlockFi files for Chapter 11 bankruptcy
This past year has been hectic for the crypto lending platform BlockFi, and today is no different as the company shared an announcement that it filed for voluntary Chapter 11 bankruptcy in the U.S. Ba
Alchemy, Ava Labs and BlockFi break down funding in a bear market at TC Sessions: Crypto
Bears hibernate during the coldest months, but there’s nowhere to hide from a bear market during a crypto winter. As the entire sector faces what looks to be a long stretch of uncertainty, young fou
Crypto broker Voyager Digital files for bankruptcy
Voyager Digital, a high-profile crypto broker, has filed for bankruptcy, citing market volatility and the surprising collapse of Three Arrows Capital, just weeks after it suspended withdrawals, tradin
Just how wrong were those 2021 valuations?
Happy Monday. It’s Independence Day here in the United States, which means that much of TechCrunch is on holiday. But as last week came to a close, several important pieces of data dropped that
FTX US deal with troubled crypto lender BlockFi floats acquisition with ‘up to’ $240M purchase price
Sam Bankman-Fried’s FTX is taking advantage of rampant instability in the crypto lending market to assert itself while propping up major institutions. The company’s U.S.-based arm has a de
Binance taps TikTok’s mostly silent superstar Khaby Lame to explain how crypto works
Khaby Lame is quite literally on top of the world (if TikTok follower counts are the world). After attending his first VidCon and surpassing Charli D’Amelio as the most followed TikToker, the It
Leverage, red flags and a changing venture landscape
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex and Grace are back to cover the biggest, boldest and ba
The case for down rounds
Media outfits reported earlier this week that the crypto lending platform BlockFi is looking to raise roughly $100 million in fresh funding in a round that would value the company at about $1 billion.
Katherine Wu leaves Coinbase Ventures to join crypto investment firm Archetype
Coinbase Ventures investor Katherine Wu is leaving the company for early-stage crypto venture capital firm Archetype, less than a year after joining Coinbase as a senior deal lead in September. The mo
What BlockFi’s $100M settlement with the SEC means for future of crypto lending
Crypto lending platform BlockFi will pay the U.S. Securities and Exchange Commission (SEC) $100 million in a settlement over claims that the company violated securities law through its interest accoun
SEC Regional Director Erin Schneider talks SPACs, Coinbase and what startups could do better
Schneider shares insight into her personal thinking about a range of issues including crypto lending, SPACs, NFTs and what startups can do to stay out of regulators' cross hairs.
Crypto infra startup Fireblocks raises $310M, triples valuation to $2.2B
The latest financing brings Fireblocks’ total raised since its 2018 inception to $489 million. The valuation boost correlates with its increase in customers and ARR this year.
Bain Capital Ventures raised $1.3 billion to fund young startups, and young VC firms, too
Bain Capital Ventures (BCV), the venture arm of the 37-year-old private equity firm Bain Capital, announced this morning that it has $1.3 billion more smackers to invest across two funds, a $950 milli
BlockFi lands a $350M Series D at a $3B valuation for its fast-growing crypto-lending platform
If there were any doubt about a cryptocurrency boom, we need look no further than at the explosion of growth of certain companies in the space. One such company is BlockFi, which today announced it ha
BlockFi, which lends money to cryptocurrency holders, just raised $18.3 million led by Valar Ventures
Last year, we told you about a New York-based startup that had begun lending cold, hard, cash to cryptocurrency holders who don’t want to offload their holdings but also don’t necessarily want so