BlockFi Updates Frozen Account Holders On Claims Process
After recent Court sessions and AMAs, BlockFi has updated clients and creditors about its claims process for frozen account holders
Nexo Stops Offering Earn Product to New U.S. Customers
In the wake of the recent $100 million BlockFi settlement with the SEC, and as the wider crypto-lending sector considers how to respond, Nexo has moved quickly - announcing it will no longer offer interest-bearing accounts for new U.S. customers.
No funds lost in BlockFi data breach
On May 14th, BlockFi experienced a data breach over the course of an hour that compromised some user’s data. No funds were affected.
BlockFi raises $30 million boosting expansion plans
New Jersey-based blockchain financial services company BlockFi announced that it has raised $30 million in a Series B funding round led by Valar Ventures. The funds will be leveraged to add new products to the BlockFi suite of financial products and to expand geographically.
Borrow with Bitcoin or lend with Litecoin? Crypto lending is set to boom.
One of the strongest emerging narratives in crypto is the sudden rise of cryptocurrency lending platforms. Multiple new platforms have launched and the demand for their services is growing. What is crypto lending and who are the major players?