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.
BlockFi is adding a former Bakkt and Microsoft employee to their lineup to take charge of the firm's security.
Poolin, the second biggest bitcoin mining pool by total network power, is expanding its crypto lending and financial services businesses.
BlockFi said it has seen a surge in revenue since the bitcoin halving and the launch of its mobile app.
A SIM swapping exploit revealed BlockFi customer names and addresses while BitMEX is hit with RICO accusations.
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.