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BlockFi
BlockFi Receives Cease and Desist Order From New Jersey Attorney General
Crypto lending platform BlockFi has received an order from New Jersey’s acting attorney general (AG) to halt its Interest Account (BIA) operations in the U.S. state. CoinDesk’s Nikhilesh De discusses the implications for BlockFi and its clients. Plus, his take on Circle’s breakdown of its assets backing the stablecoin USDC.

BlockFi Teams Up With Matt James in Exclusive Partnership Focused on Cryptocurrency Education
Matt James, the star of “The Bachelor,” joins “First Mover” to discuss his partnership with BlockFi, focusing on cryptocurrency education. “The same way that I’m holding onto [my] relationship, I’m holding on to my bitcoin,” he said.

BlockFi’s Botched Promo Payouts Continued into April, Adding More Confusion for Users
Crypto lender BlockFi made headlines earlier this year as it reportedly tried to reverse the excessive amounts of bitcoin sent by mistake to user accounts during a bitcoin promo. The fallout continued into April, adding more confusion for users. “The Hash” team discusses why the continued fallout from this error might be a bigger deal than it seems.

BlockFi’s Prince on Impact of Low Interest Rates on Current Crypto Ecosystem
During a panel at Consensus 2021, BlockFi CEO Zac Prince discusses whether the current interest rates environment creates a path to integrate crypto with more traditional financing channels.

BlockFi Botches Promo With Outsized Bitcoin Reward Payments
What could go wrong in a promotional crypto giveaway? Crypto lender BlockFi has reportedly been trying to reverse the excessive amounts of bitcoins sent by mistake to user accounts. “The Hash” team unpacks BlockFi’s bitcoin promo gone awry and why this will be a continuing story to watch.

BlockFi CEO Zac Prince is Buying the Dip
Both bitcoin and ether plunged overnight following news regarding President Biden's proposal to increase the capital gains tax. Zac Prince, CEO of BlockFi, joined "First Mover" to discuss crypto lending and commented on the latest crypto sell-off. "I actually woke up and bought some bitcoin this morning," Prince said.

Ex-CFTC Chair Chris Giancarlo on Why He's Joining BlockFi Board
Former Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo, aka "Crypto Dad," has joined BlockFi's Board of Directors. Giancarlo discusses his new role and whether or not there are risks of a U.S. regulatory crackdown in the cryptocurrency space.

Crypto’s Revolving D.C. Door: Former Regulator Heavyweights Join Binance.US and BlockFi
Brian Brooks, the former acting Comptroller of the Currency known for his crypto-friendly attitude towards regulation, will replace Catherine Coley as CEO of Binance.US on May 1. “The Hash” panel discusses the significance of the crypto-D.C. revolving door as regulators get deeper into the cryptocurrency ecosystem.

What Would It Take for You to Switch to a Crypto Bank?
BlockFi just raised $350M in funding and is now valued at $3B. “The Hash” panel weighs in on BlockFi’s aim to make crypto-based lending and banking mainstream and what it would take for customers to switch over from traditional banks.
