This crypto startup is offering 8.6% interest on savings accounts — 123x the national average

If there’s one negative aspect to life at record low interest rates, it’s earning almost nothing on the cash you have saved at a bank.

Certificates of deposit, or CDs, which require you to lock up savings for a predetermined amount of time offer slightly better interest rates, but not much better than the paltry 0.07% annual percentage yield (APY) that is the current national average for savings accounts, according to Bankrate.

But one crypto startup, BlockFi, is letting users earn at a…


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