BlockFi

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BlockFi Sues Ex FTX CEO Bankman-Fried Over shares in Investment Company Robinhood.

BlockFi launches lawsuit against SBF shell company in a bid to enforce their previous agreement.

FTX Contagion Spreads As BlockFi Files For Chapter 11 Bankruptcy Protection

BlockFi emerged as the latest victim of FTX’s collapse as the crypto lender and eight of its associate firms filed for Chapter 11 bankruptcy.

Crypto Lender BlockFi Places Client Loans Into Forbearance

BlockFi makes further platform moves after stopping customer withdrawals.

BlockFi’s Leadership Team Page Gets Taken Down

BlockFi's leadership page has been taken down a few hours after the crypto lender began suspending withdrawals.

BlockFi Halts Withdrawals Following FTX/Alameda Crisis

BlockFi has announced that it will limit platform activity, including clients’ withdrawals. This follows the FTX liquidity crunch and a series of reassuring tweets by BlockFi.

BlockFi Says Products Are Fully Functional Amidst The Binance-FTX Deal

BlockFi has stated that all its products remain fully functional regardless of the Binance-FTX deal. The lending firm, which was supposed to be acquired by FTX, will now run as an independent entity until at least July 2023.

BlockFi To Roll Out Crypto Yield Accounts For US Clients

BlockFi plans to launch interest-bearing accounts for US-based accredited investors starting in late 2022.

SEC And CFTC Probe 3AC Over Allegations Of Investor Conduct Violations

SEC and CFTC investigate Three Arrows Capital (3AC) for potentially misleading its investors.

Ledn Set to Acquire Canadian Digital Investment Manager Arxnovum

Crypto lender, Ledn, has initiated an acquisition process for Arxnovum Investments Inc., a regulated Canadian digital asset investment manager. The acquisition will enable Ledn to serve more accredited clients.

FTX Reportedly Seeks To Acquire Celsius’ Assets

According to sources, Sam Bankman-Fried, CEO of FTX, is considering bidding on crypto lender Celsius’ assets to bail the latter out of bankruptcy.

Binance US Launches High-Yield Ethereum Staking Ahead Of Ethereum Merge

With the anticipated happening of the Merge event, Binance US has launched a high-yield staking product for users. But there is a caveat stating that rewards may change depending on factors like transaction fees.

Is BlockFi Safe and Legit?

As an investor, you are well aware that investing is a risky art. One day you can be making a lot of money and the next, part of your portfolio might get wiped out. However, if you still want to invest in crypto, one of the most popular ways to do this is through BlockFi.