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BlockFi has raised $30 million from a group of investors, including Morgan Creek Digital, Winklevoss Capital, Arrington XRP Capital and others.New York-based cryptocurrency-lending firm BlockFi has bagged up to $30 million from a host of investors during its Series B funding. The list of them includes Winklevoss Capital, Arrington XRP Capital, and Morgan Creek Digital among others. The company aims to use the funds it received to enhance its staff and expand its offerings, reports revealed on...

Premier cryptocurrency lending service BlockFi has introduced a new feature. It is trading at no fees for Bitcoin, Ethereum and the stablecoin GUSD. The startup has been known to allow users access to returns on their cryptocurrency holdings by offering loans to borrowers against users’ cryptocurrency holdings and then passing across the returns in terms of interest on the loans while securing the crypto assets that were used as security for the loans.  While this model is known to have been...