The California Department of Financial Protection and Innovation has permanently revoked BlockFi’s lending license following its bankruptcy and regulatory issues. BlockFi, a crypto lending platform, collapsed in 2022 amid financial troubles tied to the downfall of crypto exchange FTX. BlockFi…
Fed Chair Jerome Powell’s Hawkish Comments Throw Some Cold Water on Crypto
A December rate cut from the U.S. central bank might not be as sure of a thing as previously thought.