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BlockFi

Founded in 2017 by Zac Prince and Flori Marquez, the company was created with the goal of providing credit services to markets with limited access to simple products like a savings account. The old way of doing things doesn't cut it anymore. With BlockFi, you can use cryptocurrency to earn interest at up to 8.6% APY, borrow cash, and trade currencies.

Source: blockfi.com

FTX and BlockFi Get Permission to Begin Settlement Talks
FTX and BlockFi Get Permission to Begin Settlement Talks
November 14, 2023  |  Legal

A federal judge said cryptocurrency firms FTX and BlockFi can begin discussing a settlement. BlockFi, which hopes to recover funds owed by FTX, declared bankruptcy...

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BlockFi to Wind Down Operations, Return Assets to Customers
BlockFi to Wind Down Operations, Return Assets to Customers
October 24, 2023  |  Cryptocurrency

Crypto lender BlockFi has announced that it will wind down its operations and begin returning crypto assets to customers. BlockFi has emerged from bankruptcy and will now...

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BlockFi Receives Court Approval for Liquidation Plan
BlockFi Receives Court Approval for Liquidation Plan
September 26, 2023  |  Cryptocurrency

Crypto lender BlockFi has reportedly been granted approval for its liquidation plan by a bankruptcy court. This decision brings a glimmer of hope for customers...

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Crypto Collapse Yields $700 Million Payday for Turnaround Specialists
Crypto Collapse Yields $700 Million Payday for Turnaround Specialists
September 06, 2023  |  Cryptocurrency

The bankruptcies of five major cryptocurrency firms have been a boon for corporate turnaround specialists. That’s according to a report published Tuesday (Sept. 5) by...

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BlockFi Says FTX and Three Arrows Don’t Deserve Repayment
BlockFi Says FTX and Three Arrows Don’t Deserve Repayment
August 23, 2023  |  Cryptocurrency

Bankrupt cryptocurrency lender BlockFi said two other failed crypto firms aren’t entitled to its money. In bankruptcy court documents filed this week, the company made arguments about why FTX and Three Arrows...

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Crypto Remains Bank Sector Kryptonite as Lenders Turn Firms Away
Crypto Remains Bank Sector Kryptonite as Lenders Turn Firms Away
April 12, 2023  |  Cryptocurrency

Crypto, once the cool kid, is now the one no one wants to play with. A lot has changed over the course of the past...

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CoinEx Taking ‘Active Steps’ to Address NY AG Crypto Lawsuit
CoinEx Taking ‘Active Steps’ to Address NY AG Crypto Lawsuit
February 23, 2023  |  Cryptocurrency

CoinEx says it is taking measures to address claims it’s operating illegally in New York. The crypto exchange made that announcement Thursday (Feb. 23), one day...

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Bankman-Fried Company Declares Bankruptcy Amid Robinhood Fight
Bankman-Fried Company Declares Bankruptcy Amid Robinhood Fight
February 05, 2023  |  Cryptocurrency

The Sam Bankman-Fried-owned business that holds millions of shares in Robinhood has filed for bankruptcy. The bankruptcy filing by Emergent Fidelity Technologies, reported Saturday (Feb....

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Report: BlockFi Had Undisclosed $1.2B Tie to FTX
Report: BlockFi Had Undisclosed $1.2B Tie to FTX
January 25, 2023  |  Cryptocurrency

Bankrupt crypto firm BlockFi reportedly had over $1.2 billion in assets tied to FTX. That means the digital asset lender’s exposure to FTX and its...

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