BlockFi is your one-stop-shop for crypto storage, leveraging, and management. It advertises an 8.6% APY (interest gained per year) just for holding your crypto on their platform, much like a bank does ...
BlockFi, a crypto lending and financial services platform that grew 25,000 percent in 2021 and topped Inc.’s 2022 list of the fastest-growing companies in America, filed for Chapter 11 bankruptcy ...
According to a lawyer representing the bankrupt crypto lender BlockFi Inc., the company is in a stable financial position with access to ample cash reserves, despite having over $200 million in ...
Popular crypto lending platform BlockFi has reached a $100 million settlement with the Securities and Exchange Commission (SEC) and ceased sales of its lending product in the U.S. The SEC says BlockFi ...
Cryptocurrency lender BlockFi is blaming FTX for its bankruptcy while also emphasizing that it is very different from the company founded by Sam Bankman-Fried. "Although the debtors’ exposure to FTX ...
On Monday, crypto lender BlockFi filed for Chapter 11 bankruptcy protections in the aftermath of FTX’s implosion Ironically, BlockFi lists FTX as its #2 creditor after a substantial bailout earlier ...
Crypto lending platform BlockFi has emerged from bankruptcy and is ready to pay back some of its creditors, according to an Oct. 24 blog post. Withdrawals “are currently available to nearly all Wallet ...
Opinions expressed by Entrepreneur contributors are their own. On the same day it filed bankruptcy proceedings, BlockFi mounted a legal attempt to get collateral for a loan that Alameda Research took ...
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market ...
Coinbase and BlockFi are two of the most popular crypto exchanges. Even if you’re new to crypto, you’ve probably heard of both players, which are heavy hitters in the industry. Coinbase is a publicly ...
Many small investors who piled into cryptocurrencies on FTX, BlockFi and other platforms are recognizing the perils of investing in an unregulated industry. By Matthew Goldstein In early November, ...
BlockFi’s claim that it can produce an 8.6% return on investment simply for storing your coins on their platform is undoubtedly enticing. Banks won’t even give an APY greater than 1% for most savings ...
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