BlockFi

Opinion

The Case for Bitcoin Banking (Despite Cred’s Bankruptcy)

Nic CarterNov 10, 2020

The failure of a Bitcoin bank reinforces the merit of a Bitcoin-based financial system, says our columnist.

BlockFi

BlockFi Takes 5% Stake in Grayscale’s $4.8B Bitcoin Trust

Danny NelsonOct 27, 2020

The crypto lender is only the second firm to disclose such a large GBTC stake, after Three Arrows Capital.

Credit Cards

BlockFi Announces Early 2021 Launch for Bitcoin Rewards Credit Card

Nathan DiCamilloDec 1, 2020

BlockFi CEO Zac Prince said it will be the first credit (not debit) card in the cryptocurrency industry.

Crypto Lending

BlockFi Adds an Independent Pricing Partner to Guard Against Flash Crashes

Nathan DiCamilloAug 27, 2020

CF Benchmarks will now update prices on crypto deposits at BlockFi every second, allowing the lender to hedge against sudden market moves.

Crypto Lending

BlockFi Raises $50M From Universities, NBA Star, Others as Crypto Lending Soars

Nathan DiCamilloAug 20, 2020

BlockFi, a major player in the crypto-lending sector, has now raised nearly $100 million in the past 12 months.

BlockFi

BlockFi

BlockFi Hires Former Deutsche Bank, Barclays Alum as General Counsel

Sebastian Sinclair

The crypto lending platform has hired banking veteran Jonathan Mayers as general counsel in a bid to stay ahead of the regulatory curve.

Crypto Lending

Crypto Lender BlockFi Says Monthly Revenue Up 100% After Bitcoin Halving User Boost

Sebastian Sinclair

BlockFi said it has seen a surge in revenue since the bitcoin halving and the launch of its mobile app.

Microsoft

BlockFi Taps Defense Department, Microsoft Alum as Security Chief

Sebastian Sinclair

BlockFi is adding a former Bakkt and Microsoft employee to their lineup to take charge of the firm's security.

Bitcoin Mining

Bitcoin Mining Pool Poolin Partners With BlockFi to Expand Crypto Lending Service

Wolfie Zhao

Poolin, the second biggest bitcoin mining pool by total network power, is expanding its crypto lending and financial services businesses.

News Roundup

Blockchain Bites: BlockFi Hacked, Block.one Sued, BitMEX Down

Daniel Kuhn

A SIM swapping exploit revealed BlockFi customer names and addresses while BitMEX is hit with RICO accusations.

Hack

BlockFi Says Hacker SIM-Swapped Employee’s Phone, No Funds Were Lost

Paddy Baker

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.

Crypto Lending

BlockFi Hires Credit Suisse, Prudential Execs to Drive Global Expansion

Nathan DiCamillo

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.