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)

Crypto Lender Nexo Stops Interest on New Deposits
Crypto Lender Nexo Stops Interest on New Deposits
February 20, 2022  |  Cryptocurrency

Nexo, a crypto lender, has stopped paying interest on new deposits, Bloomberg reported Friday (Feb. 18), and is now planning to offer a new product....

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FCA: Crypto Products Less Regulated in UK Than in US
FCA: Crypto Products Less Regulated in UK Than in US
February 18, 2022  |  Cryptocurrency

Last week was an expensive one for BlockFi. The New Jersey-based cryptocurrency lender was fined $100 million by the U.S. Securities and Exchange Commission (SEC)...

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BlockFi’s $100 Million Settlement With SEC Raises Internal Discussion 
BlockFi’s $100 Million Settlement With SEC Raises Internal Discussion 
February 15, 2022  |  Cryptocurrency

The Securities and Exchange Commission (SEC) charged BlockFi with failing to register the offers and sales of its retail crypto lending product on Monday (Feb....

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Today in Crypto: BlockFi Could Pay $100M to SEC to Settle Case; Crypto Now Part of Divorce Settlements
Today in Crypto: BlockFi Could Pay $100M to SEC to Settle Case; Crypto Now Part...
February 13, 2022  |  Cryptocurrency

Crypto lender BlockFi will pay $100 million in a Securities and Exchange Commission settlement over a probe into selling unregistered securities, Bloomberg reported Friday (Feb....

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New Cryptocurrency Provider Ranking Finds Healthy Sector Getting More Fit
New Cryptocurrency Provider Ranking Finds Healthy Sector Getting More Fit
January 10, 2022  |  Cryptocurrency

It’s going to happen. In fact, it is happening. The crypto-volution. We know it’s speculative and there’s some risk involved, but we might as well...

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BlockFi in SEC Crosshairs for High-Yield Crypto Accounts
BlockFi in SEC Crosshairs for High-Yield Crypto Accounts
November 17, 2021  |  Regulation

The U.S. Securities and Exchange Commission (SEC) are looking into BlockFi Inc. and its product that pays its customers high interest rates for lending their...

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Bitcoin Daily: Bakkt, AGM Get More Into Crypto; Crypterium Eyes US Expansion; BlockFi, Neuberger Berman File for Bitcoin ETF
Bitcoin Daily: Bakkt, AGM Get More Into Crypto; Crypterium Eyes US Expansion; BlockFi, Neuberger Berman...
November 08, 2021  |  Bitcoin

More businesses are accepting cryptocurrencies, including Bakkt Holdings as of last week, according to a press release. Bakkt said it will allow for the buying,...

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Bitcoin Daily: Sao Paulo, Brazil Police Seize $33M In Alleged Crypto Fraud Scheme; Three US States Probe BlockFi’s Crypto Accounts
Bitcoin Daily: Sao Paulo, Brazil Police Seize $33M In Alleged Crypto Fraud Scheme; Three US...
July 25, 2021  |  Bitcoin

Brazilian police have seized $33 million reportedly from a money laundering scheme involving cryptocurrencies, according to a press release from police in São Paulo. The...

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Bitcoin Daily: Jomashop, BitPay Team On Crypto Payments; Crypto Lender BlockFi Sent $10M In Bitcoin To User By Mistake
Bitcoin Daily: Jomashop, BitPay Team On Crypto Payments; Crypto Lender BlockFi Sent $10M In Bitcoin...
May 19, 2021  |  Bitcoin

BitPay, which works as a provider of bitcoin services, has rolled out crypto payments with Jomashop, an authentic luxury goods maker, according to a press...

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