Company Research Report: Block Earner

Company Overview

• Name: Block Earner

• Mission: To make money borderless, frictionless, and accessible to all through blockchain-powered technology. Simplify and communicate the benefits of decentralized finance, taking blockchain technology on a path of mass adoption.

• Founded: 2021

• Founders: Charlie Karaboga and Jordan Momtazi

• Key People:

• Charlie Karaboga, Co-founder & CEO

• Jordan Momtazi, Co-founder

• James Coombes, Chief Commercial Officer

• Martin Jones, Head of Engineering

• Lina Lukosiunaite, CRM Manager

• Tawanda Mangere, Head of Risk & Compliance

• Angie Liu, Product Lead

• Oscar Panaretto, Brand and Comms Manager

• Headquarters: Sydney, Australia

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: Block Earner is known for providing a platform that facilitates buying and selling cryptocurrencies and offers crypto-backed loans, bridging the gap between traditional and blockchain-based finance.

Products

• Crypto Buy/Sell:

• Description: Enables users to buy and sell more than 300 cryptocurrencies, including Bitcoin, Ethereum, with competitive trading fees.

• Key Features:

• Easy account setup and verification.

• Simple AUD deposits and withdrawals.

• 24/7 portfolio management.

• Crypto-Backed Loans:

• Description: Allows users to borrow AUD using their cryptocurrency as security, up to $5 million AUD.

• Key Features:

• Fixed interest rates for 12 months.

• Rapid approval times.

• Flexible repayment terms.

• DeFi Access:

• Description: Direct access to decentralized finance through platforms like Aave.

• Key Features:

• Access to USD Coin, Bitcoin, and Ethereum.

• One-click access to DeFi.

• Competitive returns on digital assets.

• Crypto Vault:

• Description: Cold storage solution powered by Coinbase Custody Trust Company.

• Key Features:

• Supports over 100 digital assets.

• Insurance policies for digital asset protection.

• 0.3% annualized fee.

• Crypto Treasury Management:

• Description: A business-focused solution for managing and diversifying digital asset portfolios.

• Key Features:

• Access to Aave and other DeFi platforms.

• Instant settlement and deep liquidity.

• Dedicated account specialists support.

Recent Developments

• Partnerships: Partnered with Collective Shift to deliver resources for Australian crypto investors (08 Aug 2024).

• Awards:

• Winner of Excellence in Blockchain/Distributed Ledger innovation from WeMoney (07 Jul 2024).

• Secured investments from Upside DAO, with 100% voter approval for maximum investment commitment (16 Oct 2023).

• Legal Developments:

• Relieved of liability to pay a penalty in an ASIC case (04 Jun 2024).

• Federal Court judgments in favor of parts of Block Earner's case against ASIC's claims (09 Feb 2024).