Crypto News: Lender BlockFi Halts Withdrawals in Fresh Contagion From FTX Crisis – Bloomberg

Crypto News: Lender BlockFi Halts Withdrawals in Fresh Contagion From FTX Crisis – Bloomberg

Blockchain Crypto Market Technology
November 21, 2022 by Coinvasity
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Islamic Party Wins in Malaysia Lead to Alcohol, Gambling Stocks Plunge
Israeli Inflation Surprise Divides Rate Hike Calls
Australia Learns There’s No Replacement for the Chinese Consumer
Kuwait Posts Smaller Deficit for Last Fiscal Year on Higher Oil
Qatar’s Tarnished World Cup Is Too Big for Brands to Boycott
Onetime Trump Appointee Helps Spark Sweeping ESG Backlash
Musk Welcomes Ye Back to Twitter After Inviting Trump’s Return
Berlin Ready to Back French Bid to Outflank Musk With New Rocket
Buffett’s $5 Billion TSMC Purchase Adds to Wave of Bullish Calls
Malaysia Extends Deadline to Form Government as Turmoil Drags On
China Trying to ‘Air Brush’ Over Wolf Warrior Damage, US Ambassador Emanuel Says
Investor Studied Crypto for Years, Then Missed FTX’s Red Flags
Grindr’s Biggest Investors Are Billionaires on Stock Surge
Marcus Jones’ Late Punt Return Lifts Patriots Over Jets 10-3
Jalen Hurts’ Late TD Run Gives Eagles 17-16 Win Over Colts
After Scholz in China, Look Out for Macron in America
‘Dr. Copper’ Is High and May Yet Go Higher
Will FTX-Like Unicorns Be the Next ‘Big Short’?
Sears Limps Through What Could Be Its Final Holiday Season
Why Europe’s €2.75 Trillion Renovation Wave Is Falling Flat
A Nation in the Crosshairs of Climate Change Is Ready to Get Rich on Oil
Shein’s Cotton Tied to Chinese Region Accused of Forced Labor
Gunman Kills Five, Wounds 25, at Colorado Springs LGBTQ Club
How COP27 Ended With Success on Climate Justice and Failure on Emissions
Frack-Sand Plant Fire Threatens Supplies for Texas Shale Wells
How Buffalo Survives Supercharged Snow
A Union Hall for the Modern New England Carpenter
Holiday Lights Dim as European Cities Look to Cut Energy Costs
FTX Owes Its 50 Biggest Unsecured Creditors More Than $3 Billion
FTX Starts Global Asset Review as Part of Chapter 11 Process
GOP’s Hawley Wants Democrats’ Emails as FTX Collapse Turns Political

The crisis sparked by the collapse of Sam Bankman-Fried’s FTX crypto empire ensnared BlockFi, a troubled digital-asset lender once worth $3 billion but which has now limited activity on its platform.
BlockFi on Twitter said it will pause client withdrawals, citing “a lack of clarity” over the status of onetime savior FTX US as well as the uncertainty afflicting FTX.com and sister trading house Alameda Research.

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