Poolin, the second biggest bitcoin mining pool by total network power, is expanding its crypto lending and financial services businesses.
Blockchain Bites: BlockFi Hacked, Block.one Sued, BitMEX Down
A SIM swapping exploit revealed BlockFi customer names and addresses while BitMEX is hit with RICO accusations.
BlockFi: Hacker Sim-Swapped Employee’s Phone, No Funds Were Lost
The hacker compromised an employee’s phone and gained access to users’ personal information, including their names and addresses, but BlockFi says no funds were affected.
BlockFi Hires Credit Suisse, Prudential Execs to Drive Global Expansion
Crypto lender BlockFi has hired two execs from traditional finance to help launch a bitcoin rewards card and build out business teams in Europe and Asia.
CEO Says BlockFi Is Lending to Crypto Miners as Other Providers Pull Back
Crypto lending platform BlockFi has begun extending credit to miners as competition for their business has eased during the coronavirus crisis.
BlockFi Raises Deposit Rates as Bitcoin Crash Juices Loan Demand
Market makers and proprietary traders are taking out more crypto loans after the second-largest price drop in bitcoin created a new, more volatile market.
$100M+ in Margin Calls: Crypto Lenders Demand Collateral as Market Buckles
“As of five minutes ago, everyone who needed to post collateral has,” Genesis CEO Michael Moro said Friday afternoon.
Previously Crypto-Only BlockFi Adds Cash On-Ramp Through Silvergate Partnership
Crypto lender BlockFi now supports cash deposits.
You Call That Volatility? Bitcoin Traders Scoff at Wall Street’s Gyrations
As traditional markets undergo a level of anxiety not seen since the 2008 recession, the cryptocurrency industry showed few existential signs of distress.
You Call That Volatility? Bitcoin Traders Scoff at Wall Street’s Gyrations
As traditional markets undergo a level of anxiety not seen since the 2008 recession, the cryptocurrency industry showed few existential signs of distress.
Bitcoin Lender BlockFi Raises $30M in Series B Led by Peter Thiel’s Valar Ventures
Having Hong Kong-based HashKey as an investor will help BlockFi expand into Singapore later this year, said CEO Zac Prince.
BlockFi Adjusts Interest Rates to Lure Larger Crypto Deposits
BlockFi, recently announced it would make changes to the interest they pay for bitcoin and ether deposits.
BlockFi Adds Litecoin, USDC to Its Lending Product Suite
The initial annual percentage yield will be 8.6 percent for USDC and 3.78 percent for litecoin.
Crypto Lender BlockFi Rolls Out Zero-Fee Trading for Bitcoin, Ether, GUSD
BlockFi, the cryptocurrency lending service, is expanding into trading with an unusual, zero-fee model.
BlockFi Drops Minimum and Fees on Interest Bearing Crypto Accounts
Minimum deposits have been dropped on BlockFi’s Interest Bearing Accounts for bitcoin, ethereum and the gemini dollar.
Bitcoin and Ether Lender BlockFi Raises $18.3 Million Series A
Winklevoss Capital, Galaxy Digital, and ConsenSys funded the crypto lender’s latest round.
Crypto Lending Startup BlockFi Slashing Interest Rates on Ether Deposits
BlockFi is almost halving the interest rate it offers on ether deposits from June 1, while the rate on larger bitcoin deposits will go up slightly.
BlockFi Is Now Paying Interest on $53 Million of Crypto Deposits
Crypto lending startup BlockFi has gathered another $18 million of bitcoin and ether deposits since last month, bringing its total interest-earning accounts to $53 million.
Crypto Lender BlockFi Cuts Interest Rates Paid to Largest Account Holders
Just weeks after launching the product, BlockFi has cut the interest rate paid to large customers on its crypto deposit account.
$25 Million in 2 Weeks: BlockFi Booms as Bitcoin, Ether Investors Seek Interest
BlockFi CEO Zac Prince explains in depth how the startup manages the myriad risks of lending and borrowing crypto.