With BlockFi bankrupt and BitFront going out of business, the crypto world is on edge. More shock-waves of the FTX collapse are expected to be felt. Coinbase, Crypto.com, and Binance have shown proof-of-reserve (PoR) to keep their brands out of the FOMO. However, there are new rumors spreading that KuCoin and Nexo crypto-exchanges are […]
Good news for BlockFi customers. The crypto loan servicer has announced that it has plans to remain open. As predicted in an earlier CryptoCoinOpps report, the bankruptcy is just means of protection. After taking the $650M blow from Sam Bankman-Fried’s failed loans, the company plans to rebuild as they wait for […]
After FTX and BlockFi filing for Chapter 11 Bankruptcy, many are pulling their money from all crypto-exchange companies. There are valid fears of more billions of dollars being lost. This week however, one silver lining shining through is Coinbase. They’ve proven to have more Bitcoin reserves than Binance and now want to do more. The […]
