BlockFi Adjusts Interest Rates to Lure Larger Crypto Deposits

BlockFi Adjusts Interest Rates to Lure Larger Crypto Deposits

BlockFi, one of the first lending startups in the cryptocurrency markets, recently announced Thursday it would make changes to the interest paid based on the yield it generates from lending bitcoin (BTC) and ether (ETH). The changes begin Feb. 1. Rates for litecoin (LTC) and Gemini dollar (GUSD) will remain unchanged, according to BlockFi.