2022-11-11 11:02 |
BlockFi, in a recent statement stated that it had paused withdrawals. The firm's actions was due to the uncertainty behind the FTX issue as the firm claims to have seen the deployments on Twitter. origin »
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Several states’ securities regulators have been furrowing their brows with regards to BlockFi Interest Accounts (BIA) lately. This includes BlockFi’s home state of New Jersey, who was arguably one of the more strict in their action towards the firm; New Jersey issued a cease and desist that instructed the firm to stop offering their BIA product before the end of this week.
2021-7-29 07:06 | |
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New Jersey, Texas, and Alabama have individual state regulators issuing concerns that New Jersey-based DeFi firm, BlockFi, is offering unregistered securities. Regulators seem to particularly point to BlockFi’s Interest Account (BIA), which offers rates that consumers are now becoming accustomed to in DeFi – but that have blown traditional banking rates out of the water.
2021-7-25 08:47 | |
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Fresh off the heels of Blockfi’s issues with the New Jersey Bureau of Securities, the company is now having problems in the state of Alabama. The director of the Alabama Securities Commission (ASC), Joseph Borg, explained on July 21 that he issued a show cause to the firm. Borg wants Blockfi to explain why the […]
2021-7-23 06:30 | |
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BlockFi’s CEO Zac Prince confirmed earlier this week that the firm had received a… The post New Jersey sends cease & desist message to BlockFi appeared first on Coin Journal.
2021-7-22 13:32 | |
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On July 19, the CEO of the crypto financial services firm Blockfi, Zac Prince, told the public that the New Jersey Bureau of Securities has told the company to “stop accepting new BIA clients residing in New Jersey beginning July 22, 2021.
2021-7-21 19:30 | |
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The New Jersey Bureau of Securities has filed a cease and desist order against cryptocurrency lending company BlockFi, prohibiting it from accepting new clients for the firm’s Interest Account service in the corresponding jurisdiction.
2021-7-20 19:00 | |
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BlockFi has been ordered by the New Jersey Bureau of Securities to desist from opening a new BlockFi Interest Account (BIA) for residents. In a Twitter thread on July 20, CEO Zac Prince has made it clear that the firm remains in operation for existing New Jersey customers and is in an ongoing dialogue withRead More
2021-7-20 15:30 | |
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BlockFi CEO Zack Prince rejects the New Jersey securities regulator’s claim that his firm has been offering unlicensed securities to the public.
2021-7-20 08:30 | |
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Cryptocurrency services firm BlockFi has launched its first-ever crypto rewards credit card in partnership with Visa. Card Holders To Earn 1. 5% Back In Bitcoin The card, which is dubbed the BlockFi Rewards Visa Signature Credit Card, would enable its holders to earn 1.
2021-7-8 20:18 | |
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Cryptocurrencies are seeing more and more practical use cases, and there are now several companies that allow users to use their crypto credit cards to pay for goods and services. The most recent firm to join the growing list of companies offering crypto credit cards is BlockFi, which just launched its own card today.
2021-7-7 15:10 | |
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While rates in the crypto lending market are at lower levels than prior quarters, the firm is “optimistic” that yield will increase in the coming months. The post BlockFi Slashes Interest Rates Again, “Demand by Institutional Investors” Affects APY first appeared on BitcoinExchangeGuide.
2021-6-27 15:45 | |
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Cryptocurrency lending firm BlockFi is raising another funding from new and existing investors at a valuation of about $5 billion. The latest financing is not closed yet, and the valuation could grow.
2021-6-9 19:24 | |
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Wealth management and trading firm BlockFi is reportedly seeking to increase its valuation through… The post BlockFi looking to raise another funding at $5 BN valuation appeared first on Coin Journal.
2021-6-9 14:47 | |
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And now the firm is reversing the transaction and asking for their funds back which are already withdrawn by some users and is threatening legal action. The post BlockFi CEO Confirms Sending Hundreds of BTC to Users’ in a Bungled Promotion Giveaway first appeared on BitcoinExchangeGuide.
2021-5-19 16:11 | |
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The company is now valued at $3 billion.
2021-3-12 20:46 | |
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Crypto lending platform BlockFi has revealed the launch of its Bitcoin Trust. This was revealed in a press release on Tuesday and signaled the next phase for the lending platform. Bitcoin Trust Added By BlockFi BlockFi had registered the bitcoin trust with the Securities and Exchange Commission (SEC) in January, according to a public filing.Read More
2021-2-10 16:00 | |
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Cryptocurrency financial services firm BlockFi launches its Bitcoin (BTC) Trust to deliver easy access… The post BlockFi introduces its Bitcoin Trust to compete with GBTC appeared first on Coin Journal.
2021-2-10 12:26 | |
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The cryptocurrency financial services firm Blockfi has launched a bitcoin-based trust that offers custody from Fidelity Digital Asset Services. Blockfi’s investment vehicle aims to give investors exposure to the leading crypto asset as bitcoin assets under management (AUM) was over $29 million on February 8, 2021.
2021-2-10 06:00 | |
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BlockFi is the latest firm to go up against Grayscale's behemoth bitcoin trust.
2021-1-30 21:07 | |
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Fidelity Digital says it will allow institutional customers to pledge bitcoin as collateral against cash loans in partnership with Blockfi. The firm’s decision helps bitcoin investors turn their digital holdings into cash without selling.
2020-12-10 12:15 | |
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BlockFi, a crypto lending service, is eyeing the European retail market with an expected product launch in Switzerland, Italy, and the Netherlands by the first quarter of 2021. The crypto lending firm has already begun the trials for the launch in Italy.
2020-11-13 19:53 | |
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BlockFi, a financial services firm focusing on crypto products, has partnered with CF Benchmarks, which will now provide them with ‘independent pricing and valuation’ of their clients’ underlying digital assets.
2020-8-27 19:02 | |
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The popular crypto lending startup, BlockFi, announced that it has completed another successful funding round where major industry investors were involved. The firm announced that it raised $50 million in its latest Series C funding round.
2020-8-21 21:05 | |
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In a release to the BEG reporting desk this Thursday, BlockFi, a crypto-focused financial service company, announced the launch of its mobile application. The mobile app is available on both iOS and Android devices allowing users to manage crypto-backed loans, Zero fee mobile transactions, trading, and earn up to 8.6% interest APY on deposits through […]
2020-6-25 16:19 | |
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BlockFi is adding a former Bakkt and Microsoft employee to their lineup to take charge of the firm's security.
2020-6-17 16:07 | |
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China’s Poolin is bolstering its cryptocurrency lending business. The firm announced a partnership with BlockFi, the U. S. -based lending firm late on June 2, 2020. Bitcoin Liquidity for Miners As reported on Coindesk, Poolin’s mining business will now expand to include more lending and financial services.
2020-6-3 18:07 | |
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BTC’s and ETH’s interest rates at the crypto lending firm will be increased starting April 1, while some stablecoins’ will remain the same
2020-3-18 08:46 | |
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BlockFi’s users can now send wire transfers to purchase digital currencies like Bitcoin, Ether and USD Coin
2020-3-10 16:01 | |
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BlockFi has raised $30 million from an array of investors, including Morgan Creek Digital, Winklevoss Capital and Arrington XRP Capital
2020-2-14 23:12 | |
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BlockFi crypto lending firm has added two new assets to its platform: Litecoin and USD Coin
2020-1-8 17:09 | |
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In a press release issued on August 6, 2019, cryptocurrency management firm BlockFi announced that it had raised $18. 3 million in a Series A funding round. Per sources in the know, the venture round was led by Valar Ventures and saw participation from Winklevoss Capital, Galaxy Digital, ConsenSys Ventures, Akuna Capital, and Morgan Creek, amongRead MoreRead More.
2019-8-7 01:00 | |
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A leading wealth management solution for crypto investors, BlockFi has revealed that it has raised $18. 3 million in Series A funding led by Valar Ventures as the firm eyes an international expansion and the roll-out of new financial products, CoinDesk reports.
2019-8-6 20:17 | |
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CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceBlockFi, a crypto-backed loan company, today announced that it has raised $18. 3 million in Series A funding led by Valar Ventures with participation from Winklevoss Capital, Galaxy Digital, ConsenSys Ventures, Akuna Capital, Avon Ventures, Susquehanna, CMT Digital, Morgan Creek, and PJC.
2019-8-7 18:47 | |
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Crypto lender BlockFi secures $18.3 million in a funding round led by a PayPal co-founder’s VC firm Valar Venture
2019-8-6 16:20 | |
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Digital assets security company Casa on June 25, 2019, announced a partnership with BlockFi, a fintech firm that offers cryptocurrency loans and interest-bearing accounts. Easing Access to Crypto Financial Products In a bid to provide digital asset holders easy access to BlockFi’s lucrative investment products, Casa has teamed up with the Mike Novogratz-backed startup.
2019-6-27 14:00 | |
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BlockFi’s services were launched in the first week of March — a time when the lending firm was offering interest rates of 6% (APY) on both BTC and ETH Within a span of just 18 days, BlockFi announced its decision to lower the above-mentioned interest rates.
2019-5-22 21:55 | |
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Cryptocurrency lending firm BlockFi has announced an update to their interest rates for Bitcoin and Ethereum, with the latter experiencing a severe cutback. According to the monthly update published on May 21, BlockFi reports that.
2019-5-22 16:22 | |
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BlockFi asset management has adjusted interest rates for accounts holding bitcoin and ether
2019-5-22 23:41 | |
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A firm working to bring traditional financial services to those invested in crypto assets has lowered the minimum Bitcoin account balance required to receive interest payments. The move is reportedly in response to public pressure to make the service more accessible.
2019-4-24 00:00 | |
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Crypto wealth management firm BlockFi announced that it now has over $53 million in client crypto assets under management
2019-4-24 23:17 | |
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BlockFi trims payouts for hedge funds and VCs provides a boost for “average crypto investors”. The BlockFi Interest Account (BIA), which launched as a private beta in January, before rolling out to the public at the start of March, has so far been dubbed a “huge success” by the firm.
2019-3-24 14:02 | |
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Crypto wealth management firm BlockFi has lowered the interest rates for their biggest Bitcoin and Ethereum deposit accounts
2019-3-23 00:05 | |
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BlockFihttps://bitcoinmagazine. com/articles/blockfi-gives-hodlers-another-option-borrow-against-crypto-assets/, the New York-based startup that provides crypto collateralized loans, has raised additional funds to expand its services.
2018-12-14 01:12 | |
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Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether.
2018-10-16 16:07 | |
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Back in July, news. Bitcoin. com reported on the cryptocurrency-backed USD lending platform, Blockfi, which raised $52. 5m from investors in an investment round led by Michael Novogratz’s Galaxy Digital.
2018-8-28 03:15 | |
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Cryptocurrency-to-USD lending platform, BlockFi announced on July 24, 2018, that it has successfully raised $52. 5 million in its latest funding round led by Galaxy Digital Ventures LLC, a New York-based asset management firm owned by Bitcoin evangelist Mike Novogratz.
2018-7-26 19:00 | |
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Crypto-focused merchant bank Galaxy Digital has recently led a $52.5 million fundraising round for crypto-lending firm BlockFi, according a blog post by the company July 24. Galaxy Digital CEO and founder Mike Novogratz confirmed in a tweet that he is, “excited to get into the crypto lending business.” With the new round of investment, the
2018-7-25 09:26 | |
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Mike Novogratz’s merchant bank Galaxy Digital led a $52.5 million fundraising round for crypto-lending firm BlockFi
2018-7-25 06:42 | |
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Mike Novogratz Invests $52. 5 Million in Crypto Startup, BlockFi In a recent announcement, it has been noted that crypto fanatic and CEO of Galaxy Digital, Mike Novogratz has invested $52. 5 million on behalf of its firm to a crypto startup called BlockFi.
2018-7-24 21:11 | |
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A new survey suggests most FTX creditors will reinvest in crypto, but its Solana-heavy methodology casts doubt on broader market trends. The post Survey Claims Nearly 80% of FTX Creditors Will Reinvest in Crypto appeared first on BeInCrypto.
FTX creditors in several countries, China, Russia and Ukraine included, unable to participate in claims. The FTX bankruptcy estate is however said to be evaluating options. The FTX estate has begun its creditor repayments that could see more than $16 billion go to eligible creditors across the globe.
Crypto exchange Bybit said Friday that all liquidation data can now be accessible via its enhanced API. Bybit has made its liquidation data publicly available through an upgraded API, weeks after CEO Ben Zhou questioned CoinGlass’ Bitcoin liquidation estimates. In…
Defunct crypto exchange FTX will commence its next distribution on May 30, following initial repayment that started this week.
A scam group posing as FTX debt claimants defrauded two companies of more than $5.6 million, according to a new report from Inca Digital. The perpetrators allegedly used AI-generated identities and unauthorized access to bankruptcy records to execute the scheme.…
Upcoming FTX payouts may see traders position ahead, which means the altcoin to watch in the next week could be the native FTX Token (FTT). However, the payouts and a confluence of other factors could also impact Bitcoin (BTC) price.
The biggest centralized crypto exchanges moved $18. 83 trillion in spot trades last year, but that’s still short of 2021’s record. Some platforms took off in 2024, while others fell behind.