You Searched For "blockfi" and got 20 results
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2 mins read
BlockFi to pay $100 million to settle charges with the SEC over its crypto lending product
BlockFi will pay $50 million to settle the SEC's charges, and $50 million in additional fines to se…
Phil Rosen
2 mins read
SEC probes BlockFi as regulator mounts investigations across dozens of crypto firms, report says
Cryptocurrency lending platform BlockFi has grown in popularity thanks to interest-bearing accounts…
Isabelle Lee
2 mins read
BlockFi's CEO denies that Sam Bankman-Fried's FTX is nearing a deal to buy the struggling $1 billion crypto lender for $25 million
"Lots of market rumors out there — I can 100% confirm that we aren't being sold for $25 million," B…
George Glover
3 mins read
The unraveling of $3 billion crypto lender BlockFi amid FTX's 'death spiral', according to bankruptcy filings
"FTX's apparent 'rescue,' which began in the summer of 2022, stabilized BlockFi. But that was short…
Morgan Chittum
2 mins read
Crypto lender BlockFi will 'explore all options' to deal with the fallout from FTX's bankruptcy after it took a $250 million loan from the exchange
Crypto lender BlockFi, which got an emergency loan from FTX, said it has assets tied up with the ba…
April Joyner
1 min read
3 states have cracked down on crypto lender BlockFi as the company's interest accounts draw scrutiny
BIAs allow clients to deposit their cryptocurrencies and earn interest, depending on how much and w…
Isabelle Lee
2 mins read
BlockFi's CEO cashed out more than $9 million from the crypto platform last year to pay US taxes
BlockFi's CEO Zac Prince reportedly withdrew about $9 million from the crypto lender last year to p…
Zahra Tayeb
6 mins read
BlockFi vs. Coinbase: Which is better?
Coinbase and BlockFi are notable cryptocurrency exchanges. However, BlockFi isn't accepting new use…
Rickie Houston,Tessa Campbell
1 min read
'Shocked and dismayed' crypto lender BlockFi suspends withdrawals, blaming the FTX mayhem
"Given the lack of clarity on the status of FTX.com, FTX US and Alameda, we are not able to operate…
Zahra Tayeb
1 min read
Bankrupt BlockFi has launched a lawsuit to get Sam Bankman-Fried to reportedly hand over Robinhood shares
Bankrupt crypto lender BlockFi has sued FTX founder Sam Bankman-Fried's holding company to recover …
Zahra Tayeb
1 min read
Bankrupt crypto lender BlockFi accidentally reveals it had over $1.2 billion in assets tied up with FTX
BlockFi's secret financials show the company's exposure is far greater than previous disclosures su…
Zahra Tayeb
2 mins read
Bankrupt crypto lender BlockFi wants the court to approve employee bonuses as it says the industry war for talent rages on
"The war for talent remains active," says BlockFi as it fights to hold onto workers during its reor…
Carla Mozée
2 mins read
A crypto lender is trying to claw back bitcoin after accidentally depositing hundreds of coins into user accounts
BlockFi said on Tuesday fewer than 100 clients were credited with cryptocurrency associated with a …
Emily Graffeo
1 min read
Bankrupt crypto lender BlockFi is seeking to reopen some customer withdrawals after halting them following FTX's collapse
A court will hear BlockFi's petition on allowing withdrawals from its Wallet product in early Janua…
Carla Mozée
1 min read
BlockFi files for bankruptcy as the crypto lender succumbs to the contagion of the FTX collapse
The implosion of Sam Bankman-Fried's once-$32 billion crypto empire has brought down yet another ai…
Morgan Chittum
1 min read
BlockFi is reportedly preparing for layoffs and may file for bankruptcy as FTX's implosion weighs on the the crypto lender
The Wall Street Journal reported Tuesday that the crypto lender is preparing for a potential Chapte…
Phil Rosen
2 mins read
FTX boss Sam Bankman-Fried has bailed out struggling crypto lender BlockFi with a $250 million loan
SBF "is the new John Pierpoint Morgan - he is bailing out cryptocurrency markets," SkyBridge Capita…
George Glover
2 mins read
Bitcoin king Mike Novogratz leads $52 million investment in crypto-lending startup
Currently, BlockFi allows investors to take out a loan as high as $250,000 using either bitcoin or …
Frank Chaparro
2 mins read
Visa will offer a credit card that rewards purchases in Bitcoin, rather than cash or airline miles, in early 2021
The new card "offers an easy entry point, enabling consumers to accrue Bitcoin through everyday spe…
Shalini Nagarajan
1 min read
Sam Bankman-Fried says he needs some of his $450 million in Robinhood shares to fund his legal defense as he fights for control of the stake
SBF says that while FTX debtors face economic loss, he is facing criminal liability, and he should …