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

Gensler Says SEC Can ‘Exempt’ Crypto Firms From Disclosures — If They Register

Gensler Says SEC Can ‘Exempt’ Crypto Firms From Disclosures — If They Register
Gensler Says SEC Can ‘Exempt’ Crypto Firms From Disclosures — If They Register
July 14, 2022  |  Cryptocurrency

Securities and Exchange Commission (SEC) Chairman Gary Gensler did not, in fact, offer to exempt cryptocurrency exchanges, lenders and broker dealers from securities laws. Get...

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California Regulator Probes Crypto Lenders Over Withdrawal Suspensions
California Regulator Probes Crypto Lenders Over Withdrawal Suspensions
July 13, 2022  |  Cryptocurrency

The California Department of Financial Protection and Innovation (DFPI), which looks into operations of state-licensed financial institutions, will be investigating whether crypto-asset companies that suspended...

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Today in Crypto: UK Think Tank Calls for Global Rules on CBDC; Celsius Hires New Restructuring Lawyers
Today in Crypto: UK Think Tank Calls for Global Rules on CBDC; Celsius Hires New...
July 10, 2022  |  Cryptocurrency

As part of its ongoing investigation, India’s Directorate of Enforcement (ED) is looking into more details regarding foreign exchange violations from crypto firms, according to...

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Sam Bankman-Fried’s Buyouts Aren’t Stopping Crypto’s Dominoes From Falling
Sam Bankman-Fried’s Buyouts Aren’t Stopping Crypto’s Dominoes From Falling
July 05, 2022  |  Cryptocurrency

Sam Bankman-Fried’s stated goal of stopping a few insolvent crypto lenders from cascading into a failed string of dominoes is starting to look a lot...

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Today in Crypto: OneCoin Founder Ruja Ignatova Added to FBI’s Most Wanted List; Report: FTX Nears Deal to Acquire BlockFi
Today in Crypto: OneCoin Founder Ruja Ignatova Added to FBI’s Most Wanted List; Report: FTX...
June 30, 2022  |  Cryptocurrency

The founder of OneCoin, Ruja Ignatova, is now on the FBI’s Ten Most Wanted list after she allegedly defrauded over $4 billion from investors, CoinDesk...

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Today in Crypto: Crypto Hit by Margin Calls; FTX Looking to Add BlockFi Stake to Portfolio
Today in Crypto: Crypto Hit by Margin Calls; FTX Looking to Add BlockFi Stake to...
June 26, 2022  |  Cryptocurrency

With the mass slump in bitcoin making it harder for miners to repay the $4 billion in loans backing their equipment, there could be risks...

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Crypto Exchange FTX Looking to Add BlockFi Stake to Portfolio
Crypto Exchange FTX Looking to Add BlockFi Stake to Portfolio
June 24, 2022  |  Cryptocurrency

Cryptocurrency exchange FTX is in talks to acquire a stake in crypto lender BlockFi after giving it a $250 million credit line this week, people...

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Crypto Lender BlockFi Secures $250M Credit Line From FTX
Crypto Lender BlockFi Secures $250M Credit Line From FTX
June 21, 2022  |  Cryptocurrency

Cryptocurrency lending startup BlockFi secured a $250 million credit line with cryptocurrency exchange FTX to bolster its balance sheet and provide long-term stability. Get the...

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