Crypto Lender BlockFi Cuts Interest Rates Paid to Largest Account Holders

BlockFi has changed the terms of its interest-bearing cryptocurrency deposit account just weeks after launching it.

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Beginning April 1, for accounts with more than 25 bitcoin or 500 ether, BlockFi will pay only 2 percent on the amount deposited above the threshold, not the originally advertised 6 percent, according to an email sent to customers March 20 and a company blog post that same day.

What every utility CEO should know about blockchain

Leading utilities have begun to ask how they could take advantage of these uses while withstanding threats from blockchain-enabled challengers. The emergence of blockchain introduces a new measure of uncertainty at a time when the industry is changing rapidly due to renewable and distributed energy, energy efficiency, energy storage, and digitization.

Indian Supreme Court Postpones Crypto Case at Government's Request

India’s supreme court has postponed hearing the crypto case at the request of the government’s counsel. The court was expecting to hear about the country’s cryptocurrency regulation today before proceeding to address the banking ban by the central bank. However, the case has now been postponed.