BLOCKFI
BlockFi offers market-leading financial tools to help crypto investors earn interest on their crypto and get USD funding through crypto-backed loans.
69 % Female Crypto Investors in U.S. Adopt Holding Strategy, Survey Shows
Real Talk survey BlockFi suggests that female crypto investors on American soil had a long-term outlook because they had adopted the buy-and-hold strategy.
FTX Derivatives Exchange Revenue Tops $1B in 2021, Report Says
The financial record of FTX Derivatives Exchange for the 2021 financial year has shown that the company’s revenue topped the $1 billion mark according to leaked earnings documents seen by CNBC.
FTX's Sam Bankman-Fried Justifies Firm's Offer to Voyager Digital
Sam Bankman-Fried, the co-founder and Chief Executive Officer of FTX Derivatives Exchange, justified the bid the trading platform and its subsidiary Alameda Ventures extended to bail out Voyager Digital.
BlockFi Total Loan Tops $1.8B With a $600M Net Risk Exposure in Q2
BlockFi, a major crypto lending firm based in New Jersey, officially disclosed a total loan of $1.8 billion and a net unsecured exposure of $600 million by the end of the second quarter of 2022.
BlockFi Stops Accepting GBTC as Collateral
BlockFi now stops accepting shares in the Grayscale Bitcoin Trust (GBTC) as collateral for loans, showing the impact of liquidation from Three Arrows Capital across the crypto space.
Morgan Creek Digital to Raise $250m, Balancing BlockFi's Bailout from FTX
Bailing out the crypto lending platform BlockFi has come off as one of the most significant endeavours for early investors in the company such as Morgan Creek Digital.
BlockFi to Raise Interest Rates on Crypto Deposits, despite Encounter Bear Market
BlockFi has revised upwards interest rates on cryptocurrency deposits with effect from 1st July. Also, FTX is in discussions to acquire a stake in BlockFi.
Voyager Digital Secures $200m Credit Facility to Meet Liquidity Demands
Voyager Digital Holdings, a prominent crypto trading and investment platform, has secured more than $200 million in credit facility from Alameda Ventures.
BlockFi Lands $250m Credit Facility from FTX Derivatives Exchange
Struggling digital assets company BlockFi has received a $250 million credit facility from FTX Derivatives Exchange as it looks to survive the current downturn in the crypto industry.
Crypto.Com, BlockFi Announce Massive Layoffs as Economic Crisis Bites
More companies including Crypto.Com and BlockFi announced massive layoffs due to a downturn in their financial valuations amid the wider cooling of the market.
BlockFi Records Data Breach on Hubspot of its Third-Party Vendor
BlockFi, an American cryptocurrency platform, has confirmed that some of its client’s data stored on Hubspot, a customer relationship management platform, have been compromised. The company emphasised that no user’s funds were stolen.
Nearly a third of Women Plan to Buy Crypto in 2022, Says BlockFi
Crypto financial services firm BlockFi has released the third edition of its Real Talk quarterly survey, suggesting one-third of women plan to buy crypto this year.
BlockFi to Pay $100M to Settle Charges with SEC & 32 States
BlockFi will pay $100 million to the U.S. Securities and Exchange Commission (SEC) and 32 states to settle charges in connection with a retail crypto lending product.
BlockFi to Pay $100M in Settlement to US SEC
BlockFi, an American crypto lending platform, reportedly agreed to a settlement deal with the United States Securities and Exchange Commission (SEC).
BlockFi Faces SEC Probe Over High-Yield Crypto Accounts Offerings
The SEC is the latest US regulator scrutinizing BlockFi’s high-yield crypto interest products. Earlier this year, a series of state-level agencies had launched investigations into BlockFi.