Crypto Markets Today: BlockFi Files for Bankruptcy Protection, MakerDAO Rejects $500M Proposal to Invest in Bonds and BTC Slides

Crypto Markets Today: BlockFi Files for Bankruptcy Protection, MakerDAO Rejects $500M Proposal to Invest in Bonds and BTC Slides

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BlockFi has about $257 million in cash on hand and a Bermuda-based affiliate is also filing for liquidation in a similar process, according to a press release. - According to the company's petition, BlockFi's executives estimate the company has more than 100,000 creditors, and checked off the…

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