BlockFi

Founded in 2017 by Zac Prince and Flori Marquez, the company was created with the goal of providing credit services to markets with limited access to simple products like a savings account. The old way of doing things doesn't cut it anymore. With BlockFi, you can use cryptocurrency to earn interest at up to 8.6% APY, borrow cash, and trade currencies.

Source: blockfi.com

Bankman-Fried Company Declares Bankruptcy Amid Robinhood Fight

Bankman-Fried Company Declares Bankruptcy Amid Robinhood Fight
Bankman-Fried Company Declares Bankruptcy Amid Robinhood Fight
February 05, 2023  |  Cryptocurrency

The Sam Bankman-Fried-owned business that holds millions of shares in Robinhood has filed for bankruptcy. The bankruptcy filing by Emergent Fidelity Technologies, reported Saturday (Feb....

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Report: BlockFi Had Undisclosed $1.2B Tie to FTX
Report: BlockFi Had Undisclosed $1.2B Tie to FTX
January 25, 2023  |  Cryptocurrency

Bankrupt crypto firm BlockFi reportedly had over $1.2 billion in assets tied to FTX. That means the digital asset lender’s exposure to FTX and its...

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Bankman-Fried Used Alameda Funds to Buy Robinhood Shares, Court Documents Say
Bankman-Fried Used Alameda Funds to Buy Robinhood Shares, Court Documents Say
December 27, 2022  |  Cryptocurrency

The question of ownership of FTX’s shares of Robinhood stock has become more complicated.  FTX founder and former CEO Sam Bankman-Fried (SBF) told a court...

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Former BlockFi Exec Joins Google’s Web3 Project
Former BlockFi Exec Joins Google’s Web3 Project
December 21, 2022  |  Personnel

A former BlockFi executive has left the company to work on Google’s Web3 initiative. Rishi Ramchandani, who stepped down recently after two-and-a-half years as BlockFi’s...

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BlockFi Asks Courts to Allow Clients to Withdraw Digital Assets 
BlockFi Asks Courts to Allow Clients to Withdraw Digital Assets 
December 20, 2022  |  Cryptocurrency

BlockFi is asking courts to allow its clients to withdraw digital assets from their accounts.  The bankrupt crypto lender said in a Tuesday (Dec. 20)...

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BlockFi Looks to Recoup $680M Lost in FTX Collapse
BlockFi Looks to Recoup $680M Lost in FTX Collapse
November 29, 2022  |  Cryptocurrency

BlockFi reportedly will try to collect $680 million from Alameda Research.  The bankrupt cryptocurrency lender told a federal judge that Alameda, the bankrupt trading operation...

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Crypto Creditors Clamor as FTX Employees Get Paid
Crypto Creditors Clamor as FTX Employees Get Paid
November 29, 2022  |  Cryptocurrency

Insolvent cryptocurrency exchange FTX doesn’t just owe its million-plus creditors money. The once-heralded crypto platform, formerly helmed by the now disgraced Sam Bankman-Fried (SBF), also...

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BlockFi Sues SBF to Reclaim Robinhood Shares
BlockFi Sues SBF to Reclaim Robinhood Shares
November 29, 2022  |  Cryptocurrency

BlockFi has sued FTX founder Sam Bankman-Fried to reportedly recover shares in trading firm Robinhood. The suit, filed in federal court in New Jersey, came...

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