Sunday, September 5, 2021

Profile of BlockFi, which says it has $10B+ in assets, 450K+ clients, licenses in 28 states, and uses digital assets as collateral to provide loans in minutes (New York Times)

New York Times:
Profile of BlockFi, which says it has $10B+ in assets, 450K+ clients, licenses in 28 states, and uses digital assets as collateral to provide loans in minutes  —  The boom in companies offering cryptocurrency loans and high-yield deposit accounts is disrupting the banking industry and leaving regulators scrambling to catch up.



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Spotify co-CEO Alex Norström defends the company's expansion into AI-generated music, arguing that "controlled" products are superior to unregulated AI "slop" (Financial Times)

Financial Times : Spotify co-CEO Alex Norström defends the company's expansion into AI-generated music, arguing that “controlled” prod...