News Heat Trend
Project Overview
BlockFi provides the wealth management products that crypto investors need, all powered by blockchain technology. BlockFi services clients worldwide and in all U.S. states, offering USD loans backed by crypto, interest-earning accounts, and trading.
Event-related news
No related events yet.
Related news
F2Pool Co-founder Wang Chun Slams Zcash: Blacklisting the Zcash team remains one of the best decisions I've ever made.
F2Pool co-founder Wang Chun (@satofishi) posted that six years ago, after Zcash team members consistently confused EST and EDT time zones, he judged that the team lacked a fundamental understanding and immediately blocked all members of the company, stating that this move remains one of his best decisions to date. Wang Chun cited the BlockFi incident as an analogy—BlockFi once mistakenly sent 701.4 BTC instead of the 701.4 USD meant for a user—pointing out that "those who cannot even tell apart EDT and EST are highly likely to also confuse BTC and USD."
Silicon Valley Bank: Bitcoin Collateralized Loan Market Accelerating Institutionalization, Interest Rates Expected to Continue Declining
According to a research report by Silicon Valley Bank (SVB), the Bitcoin collateralized loan market has completed its reconstruction after experiencing the successive collapses of BlockFi, Celsius, and Genesis in 2022, and the current ecosystem places greater emphasis on collateral transparency and risk management. In Q1 2026, the total crypto collateralized loan volume reached $67 billion, a year-over-year increase of approximately 50%. Several major US banks have already offered Bitcoin collateralized credit lines to select clients, with JPMorgan, Wells Fargo, Citi, Charles Schwab, and Morgan Stanley all having entered the market. In February this year, Canadian digital asset lending company Ledn completed the issuance of $188 million in Bitcoin collateralized ABS, receiving a BBB investment-grade rating from S&P Global, marking the first Bitcoin collateralized securitized product approved by a major rating agency.