BlockFi

California Permanently Revokes BlockFi’s Lending License After FTX Collapse

California's DFPI permanently revokes BlockFi's lending license following its 2022 bankruptcy BlockFi's collapse was partially triggered by a $400 million credit line extended to FTX The...

Navigating the Aftermath: BlockFi’s Bankruptcy Email Reveals Next Steps for Customers

BlockFi, one of the prominent names in the cryptocurrency lending space, has emerged from bankruptcy, and its subsequent wind-down process is now in motion....

BlockFi sues FTX’s Sam Bankman-Fried

Emergent Fidelity Technologies, the company of FTX cryptocurrency exchange founder Sam Bankman-Fried, has been sued by cryptocurrency lending platform BlockFi for the way it...

BlockFi Files For Bankruptcy

Yet another crypto company is headed for bankruptcy as the turmoil sparked by the bankruptcy of the FTX exchange continues.Specifically, crypto bank BlockFi has...

BlockFi receives $350M in growth capital for its booming crypto platform

BlockFi, a New Jersey-based cryptocurrency financing platform has recently secured a staggering $350 million.According to Bloomberg, BlockFi recently reported having raised $350 million...

Crypto Lender BlockFi Cuts Interest Rates Paid to Largest Account Holders

BlockFi has changed the terms of its interest-bearing cryptocurrency deposit account just...

$25 Million in 2 Weeks: BlockFi Booms as Bitcoin, Ether Investors Seek Interest

The TakeawayBlockFi’s interest-yielding deposit accounts, launched in beta in January and fully...

BlockFi Now Offers a Crypto Deposit Account With Compound Interest

Cryptocurrency lending startup BlockFi has launched a crypto deposit account that provides...

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Crypto Market Analyst Feeds Data to Multiple DeFi Protocols While Maintaining Diverse Portfolio

Extensive portfolio management across multiple blockchain ecosystems demonstrates deep market involvement. Significant liquidity provision to major DeFi protocols shows practical...

Solana Stablecoin Market Cap Doubles in January as USDC Dominates Network

Solana's stablecoin market cap doubled to $11.4 billion in January 2024. Circle's USDC dominates Solana with 80% of stablecoin volume. Memecoin...

Ether Plunges 24% Amid Trade War Fears, Marking Biggest Drop Since May 2021

ethereum's price experienced a 24% drop, reaching lows of $2,065 on Deribit amid market turbulence. The volatility spike saw ATM...

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