Monday, September 19, 2022
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BlockFi

BlockFi Could Be Acquired by FTX.US for Only $15M: Report

Key Takeaways BlockFi may be sold to FTX.US for as little as $15 million, claims a new report. The $240 million figure originally announced by...

BlockFi Will Be Acquired by FTX.US for Up to $240M

BlockFi will also receive a $400 million rolling credit facility from FTX.US. BlockFi Inks Deal With FTX.US BlockFi has agreed to an acquisition...

BlockFi CEO Denies Company Will Be Sold for $25M

Key Takeaways BlockFi CEO Zac Prince "100%" denies that the company is being sold for $25 million to FTX. A sale at this price would...

BlockFi Raises Rates Three Days After FTX Bailout

Key Takeaways BlockFi is increasing its interest rates on BTC, ETH, and stablecoins. The company claims the rise in rates is made possible by its...

BlockFi Cuts 20% of Workforce Amid Crypto Downturn

Key Takeaways BlockFi is firing 20% of its employees due to dramatic market conditions. The company is focusing on profitability ahead of what it acknowledges...

Report: BlockFi Inc. might have to shed $100 million to settle with the regulators

Bloomberg reported citing sources that BlockFi Inc. might have to pay $100 million to settle with the Securities and Exchange Commission (SEC) and...

BlockFi Filed For The Coveted Spot Bitcoin ETF With The SEC

Will BlockFi be the one? The rumors are flying, apparently, the U.S. Securities and Exchange Commission will approve a spot Bitcoin ETF soon....

Visa Invests in Deserve Following Success of BlockFi Credit Card

Alex Dovbnya A credit card that was launched by BlockFi, Visa and Deserve ended up being a massive hit Payments behemoth Visa has made an...

BlockFi Jumps Into Bitcoin ETF Race

Alex Dovbnya The SEC is widely expected to approve a Bitcoin ETF this October Cryptocurrency lender BlockFi has filed with the U.S. Securities and...

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