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Nalezeno "BlockFi": 358

Blockfi Messes up Promo Payments: Transfers up to 700 Bitcoin Mistakenly

20.5.2021
Blockfi, a cryptocurrency lending platform, wrongly distributed a set of payments to a group of customers, who found deposits of up to 700 BTC in their accounts. While most weren’t able to withdraw these funds, in the confusion, other customers that applied for withdrawals are now being...

BlockFi mistakenly credits users with too much Bitcoin in promo payout

19.5.2021
Just under 100 BlockFi users are reported to be affected, with some allegedly receiving as many as 700 Bitcoin due to a mishandled promotional offer

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

19.5.2021
Zac Prince, CEO and Co-founder of BlockFi. Source: a video screenshot, Youtube, Bitcoin Archives 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 massive promotional campaign reward bitcoin...

Diem Launch, Deutsche CELO, Binance.US CEO, BlockFi's Crypto Dad + More News

20.4.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Stablecoin news The Facebook-backed Diem Association (formerly Libra) is aiming to launch a pilot with a single stablecoin pegged to the USD...

Blockchain and Crypto Startups Raise $2.6 Billion in Q1 of 2021— Figure Surpasses 2020 Total by $300 Million

6.4.2021
According to data analysis firm, CB Insights, about $2.6 billion was raised by some 129 blockchain-focused start-ups during the first quarter of 2021. This figure easily surpasses the $2.3 billion raised from a total of 341 deals that were seen in the whole of 2020. Large Capital Raising Rounds...

Tokenized real estate inches forward despite legal, technical hurdles

26.3.2021
A rowdy virtual panel showcased the hurdles and promise of real estate on chain

Dropping GBTC Premium: Anonymous Group Claims Blockfi Facing Solvency Issues Due to Exposure to the BTC Trust

12.3.2021
An anonymous group has claimed that Blockfi, which has an estimated $1.8 billion in customer assets invested in Grayscale Investment’s GBTC, is facing potential insolvency issues associated with the negative premium on the GBTC shares. Using the negative premium of minus 7.89% on the GBTC...

Crypto lending firm BlockFi raises $350M in new funding round

11.3.2021
The company is now valued at $3 billion

BlockFi Valued at USD 3B Following USD 350M Round

11.3.2021
BlockFi co-founders: Flori Marquez and Zac Prince The US-based major financial services company focused on cryptoassets, BlockFi, was valued at USD 3bn following its recent USD 350m Series D fundraising round. It was led by new investors including Bain Capital Ventures, partners of DST Global...

Grayscale's Parent Set to Buy GBTC Shares, BlockFi Attacked + More News

10.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investments news Digital Currency Group, the parent company of digital currency asset manager Grayscale Investments, has announced its plan...

BlockFi users targeted in ‘racist and vulgar’ email attack

10.3.2021
Roughly 500 people were in for a random surprise on Mar. 8, receiving a profanity-laced correspondence from BlockFi after their email addresses were used to sign up for fake accounts

BlockFi clients earn record interest payments in February

1.3.2021
Zac Prince, BlockFi’s CEO, said his company paid out 450 in BTC, 5,000 in ETH and 6 million in stablecoins last month

Arca to Join the Bitcoin Trust Race Competing Against Numerous Crypto Fund Rivals

27.2.2021
Another firm is joining the bitcoin trust sector, as the California fund manager Arca has filed a registration with the U.S. Securities and Exchange Commission (SEC) for its Arca Accredited Investor Bitcoin Trust. The trust will compete with a number of competitors including Grayscale’s...

Crypto Earning vs. Savings Accounts: How You Can Get Up to 17% Annually Holding Digital Assets

20.2.2021
The mainstream has caught a whiff of the gains cryptocurrencies like bitcoin and ethereum have seen, but many people are not aware of the passive income crypto users are getting as well. While financial incumbents are giving people with savings accounts a measly 0.35% to 0.60%, digital currencies...

BlockFi Boosted Grayscale Bitcoin Trust Holdings by 11.9M Shares, Now Holds $1.7B GBTC

12.2.2021
The disclosure comes as BlockFi prepares to launch a competitor bitcoin trust product

Crypto Financial Services Firm Blockfi Launches Competitive Bitcoin Trust

10.2.2021
The cryptocurrency financial services firm Blockfi has launched a bitcoin-based trust that offers custody from Fidelity Digital Asset Services. Blockfi’s investment vehicle aims to give investors exposure to the leading crypto asset as bitcoin assets under management (AUM) was over...