Interest Rates Altered By BlockFi

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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