on the blockchain

Celsius, brr.

Fun stuff from bankruptcy court. The company is screwed, but they have a crypto mining operation, and they want to continue to invest in it despite being screwed. “That’s the thing about bankruptcy that’s oh so beautiful. A company can […]

on the blockchain

BlockFi secures $250 million bailout from FTX.

Shortly before the Celsius freeze, I read that trading firm Alameda Research pulled out of a 50k ETH position that led to the “run on the bank.” The founder of Alameda Research is also the founder of FTX, which has tossed now […]