California DFPI revokes BlockFi's license for multiple violations, including failure to evaluate borrowers' ability to repay ...

The California Department of Financial Protection and Innovation (DFPI) has permanently revoked the license of bankrupt ...

The California Department of Financial Protection and Innovation (DFPI) has permanently revoked the license of bankrupt ...

BlockFi’s California license revoked amid bankruptcy woes, Caroline Ellison sentenced, Poland issues a warning on Crypto.com, ...

“BlockFi and Celsius took your bitcoin and did risky things with it to generate yield. We do not touch your bitcoin. Your bitcoin is held in 100% reserve custody. This is only interest on cash ...

Unfortunately, they were led by inept and/or unethical leaders that gambled with other people’s money and lost.

The California DFPI revokes BlockFi’s license, citing loan practice violations, with fines waived to prioritize consumer repayments.

If you've been looking at interest-bearing accounts like high-yield savings accounts or certificates of deposit (CDs), you may see the terms "interest rate" and "annual percentage yield" (APY ...

CNBC Select will update as changes are made public. Despite the halt in interest rate hikes, high-yield savings accounts still offer around a 5% annual percentage yield (APY) — up from the ...

Income can be earned through investments with capital in the form of capital gains, dividends, and interest. Each year, investors pay taxes on interest income from bonds, mutual funds ...

Two years following bankruptcy, California cancels BlockFi lending licence for violating of lending and the California ...

The California Department of Financial Protection and Innovation (DFPI) has permanently revoked the lending license of ...