A moment ago, the WSJ reported that the BlockFI exchange is preparing for a possible bankruptcy due to the latest wave of negative factors in the crypto market. The agency added that the exchange plans to lay off some employees. BlockFI has suspended customer withdrawals.

Official screenshot from the BlockFi homepage. Source: BlockFi
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile app
Bitcoin seems to be little affected by this negative news and continues to hover slightly below the $17000 level. Source: xStation5
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.