{"id":191417,"date":"2021-03-01T18:34:14","date_gmt":"2021-03-01T15:34:14","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/blockfi-clients-earn-record-interest-payments-in-february\/"},"modified":"2021-03-01T18:34:14","modified_gmt":"2021-03-01T15:34:14","slug":"blockfi-clients-earn-record-interest-payments-in-february","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/blockfi-clients-earn-record-interest-payments-in-february\/","title":{"rendered":"# BlockFi clients earn record interest payments in February"},"content":{"rendered":"<p>&#8220;<strong># BlockFi clients earn record interest payments in February  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvYWMyYTJhM2YtNjYwNy00NWQ2LWI2OTktYjU4MzI5NGQyMzFmLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Crypto lending firm BlockFi posted another record-breaking month in February, paying out over $35 million in interest to its clients.\u00a0<\/p>\n<p>The interest payments were comprised of 450 in Bitcoin (BTC), 5,000 in Ethereum (ETH) and 6 million in stablecoins, CEO Zac Prince <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BlockFiZac\/status\/1366384336732368900\">said<\/a>. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Another record breaking month of interest payments for <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BlockFi?ref_src=twsrc%5Etfw\">@BlockFi<\/a> clients in Feb.  Over 35M in interest paid including:<\/p>\n<p>&gt;450 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/btc?src=hash&amp;ref_src=twsrc%5Etfw\">#btc<\/a> <br \/>&gt;5,000 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/eth?src=hash&amp;ref_src=twsrc%5Etfw\">#eth<\/a> <br \/>&gt;6M in stablecoins <\/p>\n<p>Thank you and let\u2019s keep going! <\/p>\n<p>\u2014 Zac Prince (@BlockFiZac) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BlockFiZac\/status\/1366384336732368900?ref_src=twsrc%5Etfw\">March 1, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Clients of BlockFi are able to earn interest on Bitcoin, Ethereum and stablecoins by depositing their cryptocurrencies into an interest-bearing account. The company has grown in popularity as more users look to earn passive income on their digital assets. <\/p>\n<p>In addition to savings accounts, BlockFi also provides collateralized crypto loans, which allow users to stake their assets for fiat currency. <\/p>\n<p>In February 2020, BlockFi secured $30 million in funding from some of the crypto industry\u2019s biggest investors, including Morgan Creek Digital, Winklevoss Capital and Arrington XRP Capital. With digital assets increasingly becoming mainstream, the platform has been able to attract more clients over the past 12 months.<\/p>\n<p>As Cointelegraph previously reported, BlockFi entered into a partnership with Visa in December 2020 to launch a new Bitcoin rewards credit card. The new card allows users to earn BTC on purchases rather than airline miles or cash. Cardholders are eligible to receive 1.5% of their purchase back in BTC. <\/p>\n<p>The growth of BlockFi has coincided with a surging bull market for digital assets. The combined market cap of all cryptocurrencies peaked north of $1.7 trillion last month. While the market has cooled, the collective value of cryptocurrencies currently sits at just under $1.5 trillion.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/blockfi-clients-earn-record-interest-payments-in-february\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# BlockFi clients earn record interest payments in February &#8221; Crypto lending firm BlockFi posted another record-breaking month in February, paying out over $35 million in interest to its clients.\u00a0 The interest payments were comprised of 450 in Bitcoin (BTC), 5,000 in Ethereum (ETH) and 6 million in stablecoins, CEO Zac Prince said. Another record&#8230;<\/p>\n","protected":false},"author":1,"featured_media":191418,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvYWMyYTJhM2YtNjYwNy00NWQ2LWI2OTktYjU4MzI5NGQyMzFmLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74863,74355,117,78807],"class_list":["post-191417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cryptocurrencies","tag-adoption","tag-business","tag-credit-cards"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/191417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=191417"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/191417\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/191418"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=191417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=191417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=191417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}