Coinbase and Gemini also chose to reduce the number of employees. The platform claims to have tried multiple ways to decrease losses. As a result of exceptionally challenging market circumstances, BlockFi has chosen to lay off 20% of its workforce. Investors and institutions alike have had a difficult time in
The most frequent head-to-head confrontation is BlockFi vs. Celsius Network when comparing the best interest accounts on bitcoin. The blue chips of cryptocurrency interest accounts are BlockFi and Celsius. The Big Banks, maybe most known of the Bitcoin industry’s bogeymen, are both on the leading edge of decentralization. The following
This is the fifth state in a month to scrutinize BlockFi as the firm violates the state security laws. Five states have issued cease-and-desist and show-case orders to BlockFi, which are New Jersey, Alabama, Texas, Vermont and now Kentucky joins the list. The Kentucky Department of Financial Institutions has restricted
New Jersey Bureau of Securities produced cease and desist orders It summons BlockFi providing unregistered securities to its customers. Zack strongly disagrees with the action. New Jersey Bureau of Securities had produced a cease and desist order cryptocurrency custodian, BlockFi to stop offering interest-bearing accounts in New Jersey state. Moreover,
