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BlockFi received nearly 250 million USDC from Coinbase Prime and may start repaying customer funds
$USDC
#blockfi #coinbaseprime
$USDC
#blockfi #coinbaseprime
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Blockfi Receives $250 Million USDC Deposit, Raising Hopes of Creditor Repayment
On-chain data shows that Blockfi, a now-bankrupt crypto lending company, received a whopping $250 million in deposits (1, 2) into one of its flagged addresses, Arkham Intelligence reports.
The news was shared on X at 12:43 p.m. ET on Monday. Arkham posted: “Blockfi has received $250 million in USDC from Coinbase Prime, bringing their total on-chain holdings to $300 million.”
The news was shared on X at 12:43 p.m. ET on Monday. Arkham posted: “Blockfi has received $250 million in USDC from Coinbase Prime, bringing their total on-chain holdings to $300 million.”
Use Case Of #Blockchain
Blockchain technology has a wide range of use cases,including:
1.#Charity
2.Supply chain
3.Healthcare
4.Royalty payments
5.Governance
6.Payment solutions and #Dapps
7.Internet of Things (IoT)
8.Closing thoughts
#Web3 #blockfi
Blockchain technology has a wide range of use cases,including:
1.#Charity
2.Supply chain
3.Healthcare
4.Royalty payments
5.Governance
6.Payment solutions and #Dapps
7.Internet of Things (IoT)
8.Closing thoughts
#Web3 #blockfi