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BlockFi Received A $250M Revolving Credit Facility From FTX: Here's How It Will Help
Tuesday, June 21, 2022 - 11:29am | 331Read More...BlockFi, a crypto lending firm, has confirmed a $250 million credit facility from FTX (CRYPTO: FTT). What Happened: BlockFi CEO, Zac Prince, made the announcement on Tuesday. The funding endeavors to optimize BlockFi’s platform while supporting its balance sheet. As the...
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BlockFi Lays Off 20% Of Workforce: 'Macroeconomic Environment Has Shifted Dramatically'
Monday, June 13, 2022 - 2:32pm | 346Read More...Zac Prince, CEO of cryptocurrency exchange and lender BlockFi, took to Twitter Inc (NYSE: TWTR) on Monday to announce the company intends to lay off 20% of its staff. Today is a painful day for BlockFi but more so for employees who we have to part ways with. We are doing everything in our...
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Crypto Lender BlockFi Intends To Offer First SEC Registered Crypto Interest-Bearing Security
Monday, February 14, 2022 - 4:32pm | 348Read More...U.S.-based cryptocurrency lending firm BlockFi says it intends to file or confidentially submit a registration statement on Form S-1 with the SEC for the offering of BlockFi Yield, which is anticipated to be the first SEC registered crypto interest-bearing security. What Happened: BlockFi...
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BlockFi To Pay $100M In Penalties Over Crypto Interest Accounts
Monday, February 14, 2022 - 9:31am | 483Read More...Crypto lender BlockFi faces up to $100 million in penalties to settle investigations into its crypto interest accounts. What Happened: According to a report from Bloomberg on Friday, BlockFi will be required to pay a $50 million fine to the U.S. Securities and Exchange Commission (SEC) and another...
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9 Star Athletes Who Take Salary & Endorsement Money In Bitcoin: Aaron Rodgers, Klay Thompson And More
Monday, January 17, 2022 - 6:01pm | 941Read More...Beginning with a tweet in 2019, athletes have been publicly interested in receiving a portion of their salary in Bitcoin (CRYPTO: BTC). The number of athletes receiving a portion of their salary continues to rise. Here is a list of several major athletes that receive a portion of their salary in...
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Cade Cunningham Signs Endorsement Deal With BlockFi, Takes Signing Bonus In Bitcoin
Thursday, August 19, 2021 - 4:18pm | 383Read More...Cade Cunningham endeared himself to fans in Stillwater, Oklahoma with his stellar play at Oklahoma State University. Now, the Detroit Pistons’ first-overall pick from the 2021 NBA Draft has charmed a new crowd: crypto enthusiasts. What Happened: BlockFi, a crypto brokerage,...
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BlockFi And Visa Launch Crypto Rewards Credit Cards For US Customers
Wednesday, July 7, 2021 - 12:24pm | 600Read More...The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Crypto lending platform BlockFi has partnered with Visa Inc (NYSE: V) to launch a cryptocurrency rewards credit card to U.S. clients...
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Fintech Focus For May 20, 2021
Wednesday, May 19, 2021 - 7:53pm | 1682Read More...Quote To Start The Day: “Too often we enjoy the comfort of opinion without the discomfort of thought.” Source: John F. Kennedy One Big Thing In Fintech: TradeZero America, a commission-free trading platform, formally announced the launch of cryptocurrency trading. In celebration of...
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Crypto Lending Platform BlockFi Accidentally Sends Users $35M In Bitcoin Rewards
Wednesday, May 19, 2021 - 8:21am | 441Read More...A crypto lending platform unintentionally sent users’ accounts large sums of Bitcoin. What Happened: BlockFi, a Bitcoin and crypto lending service, incorrectly deposited “inaccurate bonus rewards” into its users’ accounts. According to several reports on Reddit, some users...
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New and Savvy Crypto Investors are Coming to BlockFi to Digitize Their Dollars
Wednesday, May 12, 2021 - 3:56pm | 778Read More...The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. It’s safe to say that BlockFi has been one of the biggest gateways to appear in years for people taking their first jump into...
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Fintech Focus For February 17, 2021
Tuesday, February 16, 2021 - 6:17pm | 2049Read More...Quote To Start The Day: Don't judge each day by the harvest you reap but by the seeds that you plant. Source: Robert Louis Stevenson One Big Thing In Fintech: Banking is one of the key drivers of economies worldwide. Core banking typically includes deposit and loan and credit processing...
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Fintech Focus For February 15, 2021
Monday, February 15, 2021 - 12:20am | 2274Read More...Quote To Start The Day: Do not confuse motion and progress. Source: Alfred A. Montapert One Big Thing In Fintech: More than 90M millennials will soon be in what Goldman Sachs calls their “prime spending years.” Millennials have overtaken the baby boomers to become the largest...
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Fintech Focus For January 28, 2021
Wednesday, January 27, 2021 - 7:11pm | 2075Read More...Quote To Start The Day: I respect faith, but doubt is what gets you an education. Source: Bruce Lee One Big Thing In Fintech: StockCharts, the web's leading technical analysis and financial charting platform for online retail investors, today announced that they have eclipsed 1.6 million users...
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Fintech Focus For January 25, 2021
Monday, January 25, 2021 - 12:47am | 3113Read More...Quote To Start The Day: You can't be a real networker unless you’re connected. Source: Michael Gruen One Big Thing In Fintech: Experts say 2021 is poised to see greater adoption and venture capital investment in blockchain technology. That prediction comes as more financial services apps...
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Fintech Focus For December 2, 2020
Tuesday, December 1, 2020 - 7:02pm | 2069Read More...Quote To Start The Day: It’s possible to transcend anything that doesn’t kill you. Source: David Goggins One Big Thing In Fintech: The digitization of financial markets in Africa will continue to accelerate as local investors seek diversified access to higher-yield financial products....
