FTX to buy BlockFi at 99% discount 🤯; Huge crypto hedge fund gets liquidated 😵; New crypto rules in the EU🇪🇺

Good Morning FinTech, 1 July

Good day Everyone,

And happy Friday! Today we’re looking at one of the craziest FinTech M&As ever as FTX is seeking to buy struggling BlockFi at a 99% discount, a huge crypto hedge fund getting liquidated (contagion coming?), and new crypto rules in the EU (and what they mean). Let’s jump straight into the good stuff:

FTX to buy BlockFi at 99% discount 🤯

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