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

Financially Linked to FTX, BlockFi Eyes Chapter 11
Financially Linked to FTX, BlockFi Eyes Chapter 11
November 15, 2022  |  Cryptocurrency

BlockFi, a digital asset lender that received a bailout from FTX earlier this year and which has significant exposure to the exchange and its associated...

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Sam Bankman-Fried, FTX and the Demise of the Cool Kids
Sam Bankman-Fried, FTX and the Demise of the Cool Kids
November 14, 2022  |  Cryptocurrency

Investors with money sitting on the sidelines, listen up. I’m on to the next big thing and need capital. The total addressable market is every...

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BlockFi Halts Withdrawals in FTX Fallout
BlockFi Halts Withdrawals in FTX Fallout
November 11, 2022  |  Cryptocurrency

In the first major collateral casualty of the collapse of FTX, BlockFi announced via a tweet in the early hours of Friday (Nov. 11) morning...

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FTX, Alameda Research, Combine Crypto VC Operations
FTX, Alameda Research, Combine Crypto VC Operations
August 25, 2022  |  Cryptocurrency

Cryptocurrency exchange FTX absorbed the venture capital operations of Alameda Research to combine portions of billionaire co-founder Sam Bankman-Fried’s businesses as crypto prices continue to...

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Singapore-Based Crypto Lender Freezes Withdrawals as Stablecoin Contagion Grows
Singapore-Based Crypto Lender Freezes Withdrawals as Stablecoin Contagion Grows
August 08, 2022  |  Cryptocurrency

Yet another crypto lender announced that it has frozen withdrawals, leaving customers potentially facing steep losses. While details are scant, the Singapore-based lending platform Hodlnaut...

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Gensler Says SEC Can ‘Exempt’ Crypto Firms From Disclosures — If They Register
Gensler Says SEC Can ‘Exempt’ Crypto Firms From Disclosures — If They Register
July 14, 2022  |  Cryptocurrency

Securities and Exchange Commission (SEC) Chairman Gary Gensler did not, in fact, offer to exempt cryptocurrency exchanges, lenders and broker dealers from securities laws. What...

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California Regulator Probes Crypto Lenders Over Withdrawal Suspensions
California Regulator Probes Crypto Lenders Over Withdrawal Suspensions
July 13, 2022  |  Cryptocurrency

The California Department of Financial Protection and Innovation (DFPI), which looks into operations of state-licensed financial institutions, will be investigating whether crypto-asset companies that suspended...

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Today in Crypto: UK Think Tank Calls for Global Rules on CBDC; Celsius Hires New Restructuring Lawyers
Today in Crypto: UK Think Tank Calls for Global Rules on CBDC; Celsius Hires New...
July 10, 2022  |  Cryptocurrency

As part of its ongoing investigation, India’s Directorate of Enforcement (ED) is looking into more details regarding foreign exchange violations from crypto firms, according to...

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Sam Bankman-Fried’s Buyouts Aren’t Stopping Crypto’s Dominoes From Falling
Sam Bankman-Fried’s Buyouts Aren’t Stopping Crypto’s Dominoes From Falling
July 05, 2022  |  Cryptocurrency

Sam Bankman-Fried’s stated goal of stopping a few insolvent crypto lenders from cascading into a failed string of dominoes is starting to look a lot...

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