Interest Rates Altered By BlockFi

BlockFi (a crypto asset management company) has announce that it has updated it interest rates. Accounts with over 25 Bitcoin BTC will receive a 0.15% increase in interest rate, and those with ether (ETH) balances between 25 and 75 ETH will decrease from 6.2% to 3.25%. BlockFi has been facing criticism from industry personnel targeting at the company’s terms and conditions, which allow the firm to set the interest rate each month at its sole discretion.

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