PYMNTS-MonitorEdge-May-2024

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

Bitcoin Daily: Crypto Trading Platform FalconX Raises $50 Million; Crypto Lending Firm BlockFi Raises $350 Million; Bakkt Marketplace Granted BitLicense In New York
Bitcoin Daily: Crypto Trading Platform FalconX Raises $50 Million; Crypto Lending Firm BlockFi Raises $350...
March 12, 2021  |  Bitcoin

Institutional crypto trading platform FalconX has raised $50 million, valuing it at $675 million, Bloomberg reported. The platform processes about $6 billion in cryptocurrency per...

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Bitcoin Daily: Latin American Gangs Use Crypto In Money Laundering, Report Says; Data Shows 13 Pct Of Illegal Crypto Went Through Privacy Wallets In 2020
Bitcoin Daily: Latin American Gangs Use Crypto In Money Laundering, Report Says; Data Shows 13...
December 09, 2020  |  Bitcoin

Gangs in Latin America are increasingly turning to cryptocurrency to operate illegal trades of drugs, guns, sex and people, Reuters reported. “Both Mexican and Colombian...

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Bitcoin Daily: BlockFi, Visa To Offer Card With Bitcoin As Rewards; Crypto-Based Event Aims To Raise $1 Million For Charity
Bitcoin Daily: BlockFi, Visa To Offer Card With Bitcoin As Rewards; Crypto-Based Event Aims To...
December 01, 2020  |  Bitcoin

Visa has partnered with BlockFi to launch a credit card that offers bitcoin rewards rather than travel points or cash back, according to an announcement...

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Bitcoin Daily: Nike Offers Crypto Rewards For Online Purchases; BlockFi Teams With Bitcoin Mining Pool On Lending, Financial Services
Bitcoin Daily: Nike Offers Crypto Rewards For Online Purchases; BlockFi Teams With Bitcoin Mining Pool...
June 02, 2020  |  Bitcoin

Plutus, a British FinTech startup, is providing rewards via its credit card to customers who buy from the eCommerce store of Nike, Cointelegraph reported. The...

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Bitcoin Daily: Ukraine Arrests Hacker In Country’s Largest Theft of Crypto Wallets, Info; Iran Requires Crypto Exchanges To Be Licensed
Bitcoin Daily: Ukraine Arrests Hacker In Country’s Largest Theft of Crypto Wallets, Info; Iran Requires...
May 19, 2020  |  Bitcoin

The Security Service of Ukraine is reportedly holding a hacker for allegedly selling a database with 773 million email addresses and 21 million unique passwords,...

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Bitcoin Daily: TokenAnalyst Shuts Down; Crypto Lender BlockFi Hires Traditional Finance Execs To Lead Expansion
Bitcoin Daily: TokenAnalyst Shuts Down; Crypto Lender BlockFi Hires Traditional Finance Execs To Lead Expansion
May 05, 2020  |  Bitcoin

TokenAnalyst is shuttering its operations, according to a Medium post. The TokenAnalyst team said it will no longer support the company’s application programming interfaces (APIs)...

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Blockchain.com Investors Can Now Borrow Against Holdings
Blockchain.com Investors Can Now Borrow Against Holdings
March 10, 2020  |  Cryptocurrency

To allow users to borrow against their holdings, digital currency wallet and exchange company Blockchain.com unveiled a “Borrow” Service. The offering will provide loans in...

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Bitcoin Daily: US Treasury’s Mnuchin Says ‘Significant’ New Crypto Rules In Works; Spain’s FC Barcelona To Create Team Token
Bitcoin Daily: US Treasury’s Mnuchin Says ‘Significant’ New Crypto Rules In Works; Spain’s FC Barcelona...
February 14, 2020  |  Bitcoin

U.S. Secretary of the Treasury Steven Mnuchin said Wednesday (Feb. 12) that the federal government would be rolling out new regulations regarding cryptocurrency at the Financial...

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Bitcoin Daily: HM Revenue & Customs Demands Crypto Traders’ Info; Blockchain Lender Raises $18.3M In Series A Round
Bitcoin Daily: HM Revenue & Customs Demands Crypto Traders’ Info; Blockchain Lender Raises $18.3M In...
August 06, 2019  |  Bitcoin

The British tax authority wants cryptocurrency exchanges to share customer names and transaction data in order to track down unpaid taxes. According to CoinDesk, HM...

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