Crypto Lending


Markets

Kentucky Orders BlockFi to Stop Signing Up New Interest Accounts

Kentucky is the fifth state to allege BlockFi Interest Accounts are securities.

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Markets

Vermont Joins Ranks of States Probing Crypto Lender BlockFi

Alabama, Texas and New Jersey are investigating whether the firm's marquee offering violates local securities laws.

BlockFi CEO Zac Prince

Finance

BlockFi Is Pursuing Plans to Go Public – Even as Regulators Close In

The crypto lender is days away from closing a $500 million Series E, sources say. A timetable for a public listing is circulating among investors.

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Finance

BlockFi Faces Crackdown by a Third US State, Texas

The Lone Star state’s proposed cease-and-desist order would bar BlockFi from offering interest accounts without registering with the state’s securities regulator.

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Finance

NJ Regulators Give BlockFi 1 Week Before Blocking New Interest Accounts

The state’s securities regulator contends BlockFi is selling an “unregistered security” to its customers.

BlockFi app

Markets

Only 4%? Coinbase Rate on USDC Reveals Focus on Crypto Credit Risk

Greater risk, greater reward? When it comes to USDC deposits, customers might prefer lower risk, lower reward.

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Finance

Custodian Prime Trust Cuts Ties With Crypto Lender Celsius

A source familiar with the situation said Prime Trust’s risk team was concerned about Celsius’ strategy of “endlessly re-hypothecating assets.”

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Markets

Decentralized Credit Protocol Goldfinch Raises $11M in Series A Funding

A16z led the round, which will enable the startup to build a network of lenders and borrowers and ramp up hiring.

Andreessen Horowitz (a16z) co-founder Marc Andreessen

Finance

BlockFi in Discussions to Raise 'Several Hundred Million' in Latest Round: Report

Unnamed sources tell The Information that BlockFi is seeking another mega-round.

blockfi

Finance

Crypto Lenders Say Wednesday's Crypto Crash Cleaned Up 'Excessive Leverage'

Several lenders were preparing for the correction.

Passed-Out New Year's Eve Reveler