BlockFi Joins the Bankruptcy Parade

2022-11-30 22:00

Crypto lender BlockFi became the latest industry heavyweight to file for bankruptcy, joining Celsius Network, Voyager Digital and FTX. FTX’s collapse directly contributed to BlockFi’s filing, but the lender presented an optimistic view nevertheless in its first day pleadings.

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FTX Reportedly Set To Buy Embattled BlockFi At 99% Below Company Valuation

FTX, a Bahamian cryptocurrency derivatives exchange, is reportedly close to finalizing a deal that will enable it to acquire embattled crypto lender BlockFi, a source said. The deal will see BlockFi bought at a price of $25 million – a rate roughly 99% below the company’s most recent valuation. FTX supported BlockFi with a $250 […]

2022-7-1 18:58


Blockfi Alternatives – Crypto Loan Platforms Better Than Blockfi

Crypto lending is one of the fastest-growing financial fields and nowadays you have a myriad of lender options to explore. Blockfi is one of the most established platforms among the cryptocurrency lenders as it has backing from some of the top cryptocurrency figures and institutions like Anthony Pompliano,some of the leading companies in the industry: […] The post Blockfi Alternatives – Crypto Loan Platforms Better Than Blockfi appeared first on CaptainAltcoin.

2022-5-3 20:09


Blockfi Alternatives [2022] | Crypto Loan Platforms Better Than Blockfi

Crypto lending is one of the fastest-growing financial fields and nowadays you have a myriad of lender options to explore. Blockfi is one of the most established platforms among the cryptocurrency lenders as it has backing from some of the top cryptocurrency figures and institutions like Anthony Pompliano,some of the leading companies in the industry: […] The post Blockfi Alternatives [2022] | Crypto Loan Platforms Better Than Blockfi appeared first on CaptainAltcoin.

2022-4-15 00:30


BlockFi Joins the Bitcoin Futures ETF Race Which Experts Predict Is Coming to Fruition This Month

Crypto lender BlockFi is the latest one to file for a bitcoin futures exchange-traded fund (ETF). This week, the company filed for a fund called “BlockFi Bitcoin Strategy ETF” that would not invest directly in Bitcoin, rather in futures contracts traded on the regulated derivatives exchange CME, according to the regulatory filing.

2021-10-9 19:18


Crypto Lender BlockFi Increases All Stablecoin Rates amidst Regulatory Pushback

After making a series of cuts in its interest rates for crypto holdings in 2021, crypto lender, BlockFi has finally made the first increase of this year. BlockFi, which sets the rates based on market dynamics for lending and borrowing, announced this week that starting October 1st, the company is raising increasing rates for all […] The post Crypto Lender BlockFi Increases All Stablecoin Rates amidst Regulatory Pushback first appeared on BitcoinExchangeGuide.

2021-9-29 17:54


5th State Issues a Warning Against BlockFi as the Crypto Lender Engages with Regulators

Crypto lender BlockFi has received another warning, and this time it’s from Kentucky. The cryptocurrency trading and financial services provider received an order from the Division of Securities of the Kentucky Department of Financial Institutions (KDFI) on Friday regarding the state's BlockFi Interest Account (BIA) operations.

2021-8-1 16:45


Crypto Lender BlockFi Sees Stay Of Execution In Ongoing BIA Saga

The New Jersey Bureau of Securities has extended the deadline given to BlockFi to stop offering the BlockFi Interest Account (BIA) in the state. This was revealed by BlockFi CEO Zac Prince. NJ Regulators Postpone Deadline To September In a blog post, the BlockFi boss said the firm had been given until September 2 before […] The post Crypto Lender BlockFi Sees Stay Of Execution In Ongoing BIA Saga first appeared on BitcoinExchangeGuide.

2021-7-30 20:07