California watchdog announces probe on multiple digital currency lenders
The regulator revealed its investigations have already found that BlockFi and Voyager have been offering unregistered securities and is going after others.
Latest BlockFi News
The case for a multi-year digital currency bear market
The conditions are ripe for a long ‘crypto winter’ from which many coins will never recover, and as we can all see, it’s a multi-faceted problem with no easy solutions in sight.
Three Arrows Capital sinks, sucking down cash and investors alike
Digital asset hedge fund Three Arrows Capital, which had been around since 2012, now appears to be dragging other industry names into its whirlpool.
Digital currency crash: What happens next?
The best way to prepare for the further decline in the digital asset markets is to manage risk. Selling is good too, especially if you know that you can buy back at a lower price in the future.
Sam Bankman-Fried’s FTX might acquire BlockFi
After claiming that they had properly managed risk and that no client funds were impacted, SBF announced that FTX was "injecting $250m into BlockFi and partnering with them."
BlockFi scores surprise Money Services License in Iowa, but its fate hangs in the balance
BlockFi announced the new license this week, coming just a fortnight after the platform paid close to $1 million to the state’s regulator for securities violations.
Joshua Henslee: There’s systemic risk in the digital currency industry
Joshua Henslee released a video explaining how he sees wider systemic risk in the digital currency sector and how this might be the moment when the house of cards finally comes down.
Sam Bankman-Fried on brink of kajillionth bailout for crooked ‘crypto’ platforms
The struggling ‘crypto’ sector hopes to avoid having fun staying poor by embracing financial bailouts the same way that a drowning man grabs the point of a sword.
BIS to create a digital currency market intelligence platform in wake of market collapse
According to the BIS, the need for the project is due to "the collapse of many stablecoins and decentralized finance (DeFi) lending platforms."
Is Three Arrows Capital insolvent?
Three Arrows Capital fails to meet margin calls, and as a result, some of its lenders have began liquidated the positions that 3AC had on its platform.
Iowa Insurance Division orders BlockFi to pay $943k fine over alleged unregistered securities offering
The IID said that the company was found violating the state's Securities Act, alleging BlockFi for offering and selling securities not registered or permitted for sale.
BlockFi cuts 20% of workforce citing market downturn
BlockFi founders Zac Prince and Flori Marquez said that "market conditions that have had a negative impact on our growth rate," driving their decision to make the job cuts.