BlockFi Archives - FortuneZ

Apparent BlockFi Fat Finger Gaffe Sees Users ‘Credited BTC 701’

May 19, 2021

Customers of the crypto lending service BlockFi got considerably more than they bargained for when what appears to have been a clerical error ended up in a massive promotional campaign reward bitcoin (BTC) pa...

BlockFi Gets $3 Billion Valuation after $350 Million Funding Round

March 11, 2021

BlockFi, originally a crypto lending startup that is now expanding into other business areas, announced on Thursday the closure of its latest Series D funding round after securing $350 million. The startup is...

BlockFi Launches Crypto OTC Desk for Asian and American Traders

January 21, 2021

BlockFi, a US-based crypto lending platform, announced on late Wednesday the launch of an over-the-counter (OTC) trading desk that will serve institutions and ultra-high-net-worth clients. The trading servic...

Visa And BlockFi Set To Introduce Bitcoin Rewards Credit Card As Adoption Booms

December 2, 2020

Visa and BlockFi set to introduce bitcoin rewards credit card as adoption booms. Visa and BlockFi join forces to introduce a new credit card that rewards Bitcoin (BTC) users, setting the stage for the broader...

Crypto Lender BlockFi Plans Europe Launch in Q1 2021

November 12, 2020

American crypto lending platform, BlockFi is planning to launch its retail services in several European countries in the first quarter of next year. As reported by The Block, the crypto company’s vice presid...

Crypto Lender BlockFi Raises $50M in Series C Led by Morgan Creek

August 20, 2020

Fresh on the heels of two solid investment rounds earlier this year, crypto lending startup BlockFi has secured an additional $50 million in Series C funding. Asset management firm Morgan Creek Digital, which...

Former Bakkt Security Head Adam Healy Joins BlockFi

June 16, 2020

BlockFi, a platform offering crypto interest account and lending services, has announced on Tuesday the appointment of Adam Healy as its chief security officer. At the new role, Healy will be responsible for...

BlockFi Suffers Data Breach, Funds Remain Safe

May 20, 2020

BlockFi, a popular cryptocurrency lending platform, informed its customers on Tuesday that it had a “temporary” data breach, putting some client’s data at risk. The breach happened on May 14 and, according t...

BlockFi Lures Two Bankers as New Products in the Pipeline

May 5, 2020

David Olsson, who until recently managed teams at Bank of America Merrill Lynch and Credit Suisse covering prime brokerage and equity derivatives, was appointed Global Managing Director at BlockFi, a provider...

BlockFi Hikes Interest Yield on Bitcoin and Ether Deposits

March 17, 2020

BlockFi, New Jersey-based provider crypto-backed lending products, is making changes to the interest paid based on the yield it generates from lending Bitcoin (BTC) and Ether (ETH), effective April 1. BlockF...