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Category: Blockfi
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Crypto lending firm BlockFi raises $350M in new funding round
Arca to Join the Bitcoin Trust Race Competing Against Numerous Crypto Fund Rivals
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Crypto Earning vs. Savings Accounts: How You Can Get Up to 17% Annually Holding Digital Assets
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Fidelity Digital to Accept Bitcoin as Collateral for Cash Loans
Fidelity Digital says it will allow institutional customers to pledge bitcoin as collateral against cash loans in partnership with Blockfi. The firm’s decision helps bitcoin investors turn their digital holdings into cash without selling. Fidelity’s targeted clients include hedge funds, crypto miners, and over-the-counter trading desks. According to a report that quotes Tom Jessop, the […]
The post Fidelity Digital to Accept Bitcoin as Collateral for Cash Loans appeared first on Bitcoin News.
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Fidelity unlocks Bitcoin as collateral for borrowing on BlockFi
Depositors using Fidelity Digital Assets custody will be able to access liquidity via BlockFi.
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Stacking Satoshis: Leveraging Defi Applications to Earn More Bitcoin
As decentralized finance (defi) has become more popular, digital currency proponents are making money off of more than 140 yield-bearing cryptocurrencies. While most of the defi ecosystem revolves around the Ethereum network, a number of people leverage these defi applications in order to earn more bitcoin. The following list is a few defi platforms that […]
The post Stacking Satoshis: Leveraging Defi Applications to Earn More Bitcoin appeared first on Bitcoin News.
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Coinbase to Offer Bitcoin-Based Cash Loans of up to $20,000 Across 17 US States
U.S. crypto exchange Coinbase will start offering bitcoin-backed cash loans to select customers as early as next month. Investors can borrow up to 30% of the bitcoin they hold on the exchange, or a maximum $20,000, it said. In a blog post on August 13, Coinbase unveiled its new crypto lending business, which places it […]
The post Coinbase to Offer Bitcoin-Based Cash Loans of up to $20,000 Across 17 US States appeared first on Bitcoin News.
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Passive Income via Digital Wealth: A Deep Dive Into Crypto Earning, Staking, Interest Bearing Accounts
During the last two years investment vehicles that allow crypto asset holders to gather yields have grown exponentially and anyone can make passive income with a number of avenues. Staking validators, decentralized finance (defi) lending services, and interest rate earning accounts provide digital currency holders with the means to make their money work for them. […]
The post Passive Income via Digital Wealth: A Deep Dive Into Crypto Earning, Staking, Interest Bearing Accounts appeared first on Bitcoin News.
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BlockFi Users Had Their Personal Exposed Following a SIM Swap
Ethereum’s DeFi industry is growing by leaps and bounds, but not all solutions are safe from harm. In the case of BlockFi, there was a recent data theft, although no funds are affected at this time. The data theft in question seemingly dates back to May 14, according to an official post by BlockFi. A Major BlockFi Data Theft Due to the temporary data breach, client data has been exposed to third-party criminals. Any unauthorized intrusion was quickly negated, yet there is still ample reason for concern. This theft is made possible thanks to a BlockFi employee becoming the victim
The post BlockFi Users Had Their Personal Exposed Following a SIM Swap appeared first on The Merkle News.
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