BlockFi To Reimburse Customers Soon via Coinbase, Users Make Disturbing Claims
Bankrupt crypto lending platform BlockFi recently announced that repayments for customers who didn’t complete the withdrawal process through the platform will begin this month. Following the web platform’s shutdown in May, the interim crypto distributions will also be made through its partnership with crypto exchange Coinbase. Related Reading: Chinese Businessman Guo Wengui Convicted For $1 […]
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Bankrupt crypto lender BlockFi has moved to recover several assets in a bid to settle its customers as part of its ongoing bankruptcy proceedings. And the company is standing firm that its customers should take priority over fellow bankrupt company FTX. BlockFi Responds To FTX’s Claims In a filing dated August 21, BlockFi objected to […]
A Curve spokesperson has confirmed they have been in negotiations to acquire BlockFi's credit card program's customers since Nov. 12. Payments company Curve is in active discussions to acquire crypto lender BlockFi's more than 87,000 credit card customers — whose credit cards have been suspended since Nov. 11. A Curve spokesperson told Cointelegraph that “outreach and negotiations” started on Nov. 12 and are still in the process with Banking as a Service (BaaS) company Deserve, which services the BlockFi card program. My BlockFi credit card has officially stopped working. R.I.P....
Blockfi, a cryptocurrency lending platform, wrongly distributed a set of payments to a group of customers, who found deposits of up to 700 BTC in their accounts. While most weren’t able to withdraw these funds, in the confusion, other customers that applied for withdrawals are now being threatened with legal actions against them. Blockfi Messes up Promo Payments Blockfi, one of the most popular cryptocurrency lending and borrowing platforms in the cryptocurrency sphere, mistakenly overpaid bonuses to a group of customers, with some receiving up to 700 BTC in their accounts. According....
After a successful fundraising effort, the company said it can now reimburse most, but not all users.
New York City-based bitcoin exchange Coinsetter today announced a new program that will allow its user base to fund their account via Coinbase. This rebate program is only being offered to customers in the Untied States, and allows these traders to purchase bitcoins on Coinbase via an ACH transfer to fund their Coinsetter account. Coinsetter will then reimburse the trader for fees incurred on Coinbase's service, which has traditionally been 1 percent. The company writes (via their blog): We're excited about this program because it allows users to completely bypass interacting with....