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There’s a lot of action in the crypto markets today - something we have seen before and are used to managing. Deposits, withdrawals, trading and lending are all up and running. A few important points:
We've been receiving questions about our exposure to bitcoin miners.
While the sector has undergone significant stress recently, our ability to meet our payment obligations to BlockFi clients is not impacted, and client funds remain safeguarded.
Thank you to Women In Derivatives (@windnyc) for recognizing me as a 2022 Game Changer. It’s great to see so many talented women working, leading, and building in finance as we move the industry forward.
RIGHT NOW
@ValkyrieFunds Bill Cannon joins a panel on the institutional adoption of digital assets at @TheTradingShow in Chicago.
He's joined on stage by @chuckmackie of @FathomComm and Giles Coldwell of @BlockFi
We are excited to have @rishir29 speaking on a panel for @UnstoppableWoW3 discussing Web3 Use Cases.
If you are at TOKEN2049 this week, stop by the Web3 Equality Lounge to hear our panel discussion.
You can register for the WoW3 event here: eventbrite.com/e/web3-equali…
"When I look at projects across the ecosystem - USA (utility, scalability, adoption) and safety are going to be much more focused on by investors going forward."
"On my point of safety, we did a blog post on collateralized vs. uncollateralized lending today that I encourage people to take a read through." spr.ly/6014MnPeu
Traditional vs. Crypto lending.
Collateralized vs. Uncollateralized lending.
Today, we’re taking a deep dive on the crypto lending industry, and why it’s not as simple as collateralized loans being “safe” and uncollateralized loans being “unsafe”.
spr.ly/6013MVXh7
"It's easy to be bearish on CeFi lending right now, but the organizations that remain will emerge stronger than ever." - @BlockFiZac sharing his thoughts on the crypto institutional lending market yesterday at @BlockworksDAS.