BlockFi victims set to get reimbursed

2023-8-3 16:29

BlockFi, the troubled crypto lender, progresses towards repaying its clients as the U.S. bankruptcy court in New Jersey conditionally approves its disclosure statement. BlockFi’s efforts to reorganize and refund its clients have taken a positive step forward with the conditional…

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blockfi clients reorganize efforts disclosure statement conditional

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Источник: btcmanager.com

blockfi clients → Результатов: 29

Bankrupt Crypto Lender BlockFi Inches Closer to Refunding Clients

A disclosure statement is an official, court-approved document outlining the debtor’s assets and liabilities.

2023-8-3 07:15
document court-approved official outlining liabilities assets debtor

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BlockFi Bet Big on FTX and Alameda Even After Seeing Infamous Balance Sheet, Creditors Say

The crypto lender saw “the exact same balance sheet” later published by CoinDesk but still put clients' money in Sam Bankman-Fried’s companies, a scathing new report claims.

2023-7-18 19:08	FTX
sheet balance still put published coindesk clients

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BlockFi Customers Can Be Repaid $300M Held in Custodial Accounts, Judge Says

BlockFi custodial wallet users can be returned nearly $300 million, as a New Jersey judge ruled on Thursday May 11 that assets sitting in the wallets belong to clients rather than the estate of the bankrupt crypto lender.

2023-5-12 18:04	Bankruptcy
blockfi judge custodial wallets belong assets sitting

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Bankrupt BlockFi to refund over $100K to California clients

BlockFi filed for Chapter 11 bankruptcy on November 28. Some Califonia users continued to repay their loans between November 11 and November 22 Users were not notified until November 22 that they could stop repaying their Loans “until further notice.

2023-3-28 13:20	BlockFi
november loans until users blockfi notified refund

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BlockFi to Repay Over $100,000 to California Clients, Here’s Why

Coinspeaker BlockFi to Repay Over $100,000 to California Clients, Here’s Why BlockFi continued taking payments of up to $103,471 from at least 111 California borrowers through its servicer.

2023-3-28 12:20	FTX
california blockfi clients repay 100 111 least

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Bankrupt Crypto Lender BlockFi to Refund More Than $100K to California Clients

The company will distribute more than $100,000 in loan repayment refunds through its servicer to former clients, pending bankruptcy court approval.

2023-3-28 23:40	BlockFi
clients through refunds repayment loan approval servicer

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BlockFi Updates Frozen Account Holders On Claims Process

After recent Court sessions and AMAs, BlockFi has updated clients and creditors about its claims process for frozen account holders

2023-2-15 01:40	BNC insights
process blockfi holders claims frozen account clients

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BlockFi: Hiring Advisers, Says Goal Is “Maximizing Value” For Clients

In an email to clients, BlockFi admits significant exposure to FTX, says it has engaged financial advisers and that its aim is “maximizing value for all of our clients.”

2022-11-17 14:01	BNC insights
clients value blockfi maximizing says advisers financial

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BlockFi Suspends Withdrawals

Only hours after declaring all systems were operating normally, BlockFi has announced it is suspending withdrawals immediately - and advised clients not to expect regular updates.

2022-11-11 14:00	BNC insights
withdrawals blockfi immediately suspending advised regular updates

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3 Senior Executives Jump From Crypto Lender BlockFi: Sources

BlockFi’s Global Head of Institutional Distribution David Olsson, Head of Private Clients Samia Bayou, and Senior Institutional Sales Director Shane O’Callaghan are leaving the company, according to people familiar with the matter.

2022-9-8 16:38	Business
institutional senior blockfi head callaghan matter shane

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TaxBit Launches its Corporate Accounting Suite and Counts BlockFi Among First Enterprise Clients

TaxBit, the leading tax and accounting software provider for the digital economy, launches its ERP, subledger solution—the TaxBit Corporate Accounting Suite. The Corporate Accounting Suite...

2021-10-26 11:31	Blockchain News
accounting taxbit suite corporate launches digital provider

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BlockFi Is a $3 Billion Startup That Lets You Earn Compound Interest on Crypto

By now it’s obvious cryptocurrencies are not a fad. In fact, with the world crypto market now worth over $2 trillion, a lot of financial advisors are telling younger clients to allocate anywhere from 1 to 5 percent of their portfolios to crypto.

2021-9-29 02:00	Cryptocurrencies
crypto financial lot world market worth trillion

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Blockfi Ordered to Stop Offering Interest-Bearing Crypto Accounts in New Jersey

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
new jersey blockfi crypto stop told july

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Crypto bank BlockFi faces regulatory block in New Jersey

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	btcusd
new blockfi jersey lending accepting company clients

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BlockFi Launches Prime Service for Institutional & HNWI Clients Amidst ‘Exponential’ Growth Trajectory

BlockFi founder and CEO Zac Prince meanwhile says regulation is beneficial for the crypto sector and their business as it will enable them to continue innovating and consumers and investors to participate with “utmost confidence.

2021-6-11 17:05	BlockFi
blockfi business crypto confidence sector utmost enable

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BlockFi clients earn record interest payments in February

Zac Prince, BlockFi’s CEO, said his company paid out 450 BTC, 5,000 ETH and $6 million in stablecoins last month.

2021-3-2 18:34
blockfi out 450 paid company said btc

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Fidelity Digital to Custody Bitcoin as Collateral for BlockFi to Issue USD Loans to Institutional Clients

Fidelity Digital Assets will now allow its institutional customers to use their Bitcoin as collateral against cash loans. This new offering has been introduced in partnership with blockchain startup BlockFi, which announced on Wednesday that it is “thrilled” to support “Fidelity’s entrance into the digital asset financing space.

2020-12-11 23:10
digital fidelity loans institutional collateral blockfi bitcoin

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BlockFi Eyes Institutions, Deepens Liquidity for CME Bitcoin Futures

American based crypto on-ramp and lender BlockFi will now act as a liquidity provider for clients trading bitcoin futures and options on the Chicago Mercantile Exchange (CME). This deepens bitcoin’s exposure to traditional markets.

2020-11-1 14:30	institutional investors
bitcoin futures blockfi cme liquidity deepens mercantile

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BlockFi Taps CF Benchmarks’ Crypto Pricing Indexes for its Lending Products

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	BlockFi
blockfi products crypto pricing benchmarks independent provide

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BlockFi Awarded Money Transmitter License in Washington; Users Can Now Earn Crypto As Interest

The crypto platform BlockFi has obtained a Money Transmitter License (MTL), allowing it to conduct its services in Washington State. The New York-based company will now offer a product suite to WA clients.

2019-12-11 17:47	BlockFi
washington blockfi crypto money license transmitter york-based

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Crypto Lender, BlockFi Rolls Out Real-Time Trading For BTC, ETH, And GUSD For Zero Fees

Crypto lending platform which is supported by Galaxy Digital, ConsenSys Ventures among others, has introduced a new trading platform that attracts zero fees. According to CoinDesk, the platform’s clients will have the liberty to buy or sell utilizing their current balances.

2019-12-6 21:21	BlockFi
platform fees crypto zero trading according current

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BlockFi launches institutional services arm to provide crypto-financing solutions

BlockFi has announced the launch of its institutional services arm, BlockFi Institutional Services. The goal of this arm is to provide clients access to digital asset financing solutions, as institutions begin to integrate their businesses with digital currencies.

2019-10-18 08:33	BlockFi
blockfi arm services institutional solutions provide access

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BlockFi Eliminates Minimum Deposit Requirements To Earn Crypto Interest

BlockFi, a New York-based project offering wealth management services to crypto investors, has removed a major barrier to entry for its BlockFi Interest Account. Starting today, BIA clients will not be required to meet a minimum deposit requirement to earn interest on their Bitcoin, Ethereum or GUSD balances.

2019-9-13 16:56	DeFi
blockfi interest crypto minimum earn deposit eliminates

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BlockFi Adds Gemini Dollar Stablecoin Support

Crypto lender BlockFi is rolling out support for the gemini dollar (GUSD) stablecoin, claiming an expected initial annual percentage yield (APY) of 6. 2 percent for non-U.

2019-5-30 19:44	Digital assets
blockfi gusd prince dollar gemini company stablecoins

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BlockFi Interest Account clients earn their first interest payment in Bitcoin [BTC] and Ethereum [ETH]

On 1 April 2019, BlockFi, a leading cryptocurrency lending platform, announced that the platform’s BlockFi Interest Account customers received their first interest payment for their Bitcoin [BTC] and Ethereum [ETH] deposits, on its official Twitter handle.

2019-4-3 23:30	News
interest blockfi eth btc payment account ethereum

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Are Bitcoin and Ethereum Cryptocurrency Compound Interest Rate Earnings a Gamechanger?

Despite the price of premier alt-tokens such as Bitcoin still struggling to garner bullish momentum, crypto lending platform BlockFi has just announced that it will be now providing clients with the option to claim compound interest returns on investments via crypto assets such as Bitcoin or Ethereum. As per a blog post issued by BlockFi’s […]

2019-3-7 18:29	News
bitcoin blockfi crypto such interest compound ethereum

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After $4M Funding Round, BlockFi Eyes Savings Account, Crypto Credit Cards

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	Digital assets
blockfi funding round company credit card savings

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BlockFi Blockchain Crypto Lending Platform Expands Services to the International Stage

BlockFi Expands Lending Services To The International Stage BlockFi, a blockchain-based platform backed by Galaxy Capital, is taking its lending services to the global market. The primary objective of BlockFi is to provide incremental liquidity for clients in the cryptocurrency space.

2018-11-1 01:28	News
blockfi services lending stage international platform expands

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BlockFi Announces Global Expansion of Its Crypto-Backed Loan Services

Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience.

2018-10-31 17:17	Startups
blockfi services prince bitcoin usd loan said

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Blockchain tech can restore trust in US elections | Opinion

As more of our lives are brought onchain, it only makes sense to consider how a blockchain with ZK proofs could transform how we vote.

Paulson bows out and Bessent steps in with a crypto friendly vision for Treasury

As Trump gears up for another term, could his potential Treasury Secretary pick, Scott Bessent, finally bring a crypto-friendly approach to the highest levels of U.S. economic policy? Paulson’s exit shifts the spotlight to Scott Bessent As Donald Trump prepares…

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Washington goes DOGE as Elon Musk pushes for a leaner government

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The UK has to get its crypto house in order | Opinion

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GIGA whale loses $6.09m after clicking a malicious Zoom link: report

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2023-8-3 16:29

blockfi clients → Результатов: 29

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