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BlockFi
BlockFi Valuation Sinks to $1B in Latest Funding Round: Report
BlockFi raised $350 million at a larger valuation of $3 billion in March last year.
Cipher Mining, WindHQ Joint Venture Secures $46.9M Loan From BlockFi
The Alborz JV will use the proceeds to purchase S19j Pro crypto mining rigs for its 40 megawatt data center in Texas.
Why Several US States Are Taking Legal Action Against Voyager Digital
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De explains why several U.S. states have taken legal action against Voyager Digital for its crypto interest offerings, and how this situation resembles BlockFi’s legal issues from a year ago. Plus, a conversation on the $625 million exploit of Axie Infinity’s Ronin network and its impact on users.
State Regulators Crack Down on Voyager Digital's Crypto Interest Offering
The coordinated legal push resembles BlockFi's legal battle, which ended in a $100 million fine and pledges to register as a security.
HubSpot Hack Leads to Data Breaches at BlockFi, Swan Bitcoin, NYDIG and Circle
The companies affected assured users their crypto is safe because the customer-management tool had limited access to internal data.
BlockFi Will Register Its Lending Product With SEC as Part of $100M Settlement
Crypto lender BlockFi will move forward with registering its high-yield crypto-lending product with the agency as part of its $100 million settlement deal with the U.S. Securities and Exchange Commission (SEC). "How are we actually promoting innovation?" Jenn Sanasie asks, adding that companies receive no protections from the government agency. Plus, "The Hash" team discusses SEC Commissioner Hester Peirce's response.
BlockFi Moves to Register Lending Product With SEC
The company said Monday it plans to register its controversial high-yield interest account.
BlockFi Will Pay $100M in Settlement With SEC, State Regulators Over High-Yield Accounts: Report
The company has been under investigation since at least November over the lending product, which offers yields as high as 9.5%.
BlockFi Ends Free Withdrawals for Some Coins, Citing High Ethereum Network Costs
The crypto lender said it doesn’t expect to profit from customer withdrawal fees.