According to Milk Road, choosing between CeFi and DeFi for cryptocurrency lending can significantly impact your returns. Their full lending playbook provides a detailed comparison of providers and their offerings. They highlight that while CeFi platforms like BlockFi offer more stability and user-friendly interfaces, DeFi options such as Aave and Compound provide higher returns through decentralized finance protocols. Understanding these differences is crucial for traders aiming to maximize their investments. For more insights, traders can refer to their comprehensive guide.

According to ZachXBT, a SIM swap attack on a Kroll employee in August 2023 resulted in significant breaches for Blockfi, FTX, and Genesis creditors.

According to @GreeksLive, there is speculation about a possible revival or new iteration of Celsius and BlockFi, referred to as 'Celsius and BlockFi 2.0'. This suggests that there might be upcoming developments or rebranding efforts for these platforms, which could impact their market positions and investor interests.

According to CCData_io, today's top crypto stories include a significant security breach at India's WazirX exchange, resulting in over $230 million in crypto being stolen. Kraken is expanding its crypto custody services to institutional clients in the UK and Australia. Additionally, BlockFi is set to begin processing crypto distributions.