BlockFi files for bankruptcy

as FTX’ contagion spreads. About a one minute read.

Comment: ok, this is hardly surprising considering the extent of Fintech and cryptocurrency bubbles. And I’ve said this before, these events are strengthening various regulatory initiatives already in play. Clearly anyone who is still keeping coins with any third party hasn’t been paying attention to current events. I’ve been regularly buying Bitcoin and Ripple and neither are stored on an exchange.