Where to Invest Your Cash Savings for Higher Yields
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The Risk of Crypto Savings Vehicles
BlockFi declared bankruptcy early this week. Their top 10 creditors are owed $1.2 billion and their customers were deposited to depositors that had money in these BlockFi savings accounts, $730 million outstanding. I've tried to be really clear about the risk of crypto savings account, that it's unsecured. Cash is low risk. It should be used for near-term expenses.
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