Blog

May has been a fantastic month for the crypto ecosystem. We’ve seen the presumed end to the bear market. Bitcoin has had some very exciting upward price action. And thousands of serious crypto fans, traders, and entrepreneurs descended on NYC to attend the 2019 Blockchain Week. To top it off, the BlockFi Interest Account nowRead more

BlockFi is proud to be a market-leader driving the crypto financial services movement in the crypto ecosystem. A major element of the sudden attention on this market sector has been the shift in attention solely focused on technology, to a customer-focused perspective that works toward making crypto more approachable to the average consumer. As partRead more

We’re happy to announce that Two-factor authentication (2FA) is now available on all BlockFi accounts. 2FA is the industry standard for securing your online accounts. Once enabled, 2FA adds a second layer of protection to your BlockFi account. When you login, you’ll be prompted to input your password and a verification code generated by authenticatorRead more

BlockFi was founded on the belief that crypto investors should have access to the same products and services available in the traditional financial markets. The BlockFi platform has grown rapidly in the past two years thanks to the support of clients from over 50 countries. As of this month, over $53 million in client cryptoRead more

The launch of the BlockFi Interest Account (BIA) was a huge success. We received overwhelming support from the community and new clients joining the platform. Our team strives to provide the best consumer-friendly financial products in the crypto ecosystem and we’re seeing that take shape through the significant volume we’ve seen in just the firstRead more

Capitalism and increasingly global markets have worked to lift the quality of life of humans around the world dramatically. Financial markets work by learning and adapting through product development by ecosystem participants and progressive regulation. At a time when we face global challenges, the world needs a more globalized financial system that is accessible toRead more

Today we’re excited to announce the launch of the BlockFi Interest Account (BIA). Available to the public starting today, users can securely store their Bitcoin or Ether at BlockFi and receive 6% annual interest, paid monthly in cryptocurrency. Interest earned in a BIA compounds monthly, delivering an industry-leading APY of 6.2%. The program has beenRead more

BlockFi is excited to announce that we have raised an extension of our latest $4M raise from Coinbase Ventures and Able Partners. Coinbase Ventures is one of the leading investment bodies in the cryptocurrency industry. They provide financing for promising companies that have the teams and ideas that can move the space forward in a positive, meaningfulRead more

Today BlockFi is excited to announce that we have raised an additional $4 million in convertible debt investments lead by Akuna Capital with participation from Susquehanna Government Products, LLLP, CMT Digital, Recruit Strategic Partners, Galaxy Digital Ventures, Morgan Creek Digital, and Devonshire Investors, the private equity group affiliated with FMR LLC, the parent company of Fidelity Investments.Read more

With tax season upon us, it’s important for cryptocurrency investors to start thinking about how their trading and HODLing might affect their taxes this year. Individuals and businesses turn to BlockFi to help limit their tax liabilities and avoid having to liquidate their crypto holdings in order to pay off hefty tax bills. As anRead more