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Vauld vault empties in crypto crisis

Financial Times LogoFinancial Times1 mo ago

Vauld vault empties in crypto crisis

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Managers of bitcoin funds are slashing fees to lure investors back into the asset class, although, for true believers, their enthusiasm for the future of crypto is undimmed.

LG launched a media chair this year that combines a recliner with a 55in curved screen (pictured), golf simulation has moved on to immersive home enclosures, “CIPOD” cinema pods are the latest in home cinema.

BlockFi chief executive Zac Prince said the agreement included a $400mn revolving credit facility from FTX US, as well as an option to be bought at a “variable price . . . based on performance triggers”.


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Article Details

Author / Journalist: Chris Nuttall

Category: MarketsFinanceInvesting

Topics: Investors Latest Exchange Platform Been Blockfi Financial Last Crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-04, 20:20:05

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Reading Time: 6 minutes read

Article Length: 905 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 29716

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 16 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 8h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #3

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