BlockFi will no longer accept Grayscale shares as Collateral

BlockFi will no longer accept Grayscale shares as Collateral


Coinnounce
2022-07-13 10:17:51
BlockFi will no longer accept Grayscale shares as Collateral

The cryptocurrency lender crisis continues to rage, with cryptocurrency lender BlockFi announcing that it will no longer accept shares of Grayscale (GBTC) as collateral, which has heavy exposure to the Three Arrows Capital Fund. ๐Ÿ’ฅBlockFi no longer accepts GBTC as collateral. ๐Ÿค” โ€” Bitcoin Archive ๐Ÿ—„๐Ÿš€๐ŸŒ” (@BTC_Archive) July 12, 2022 Following the news, GBTC shares […]

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