There's no such thing as a free lunch. Or a free withdrawal of ETH on BlockFi. It's not just Three Arrows Capital founder Su Zhu who thinks Ethereum fees are out of control. Crypto companies are changing their pricing to avoid losses on ETH.

>"There's no such thing as a free lunch. Or a free withdrawal of Ethereum (ETH) from BlockFi interest accounts."

BlockFi's new fee structure goes into place December 1. It does away with free withdrawals of ETH. It's not just Three Arrows Capital founder Su Zhu who thinks Ethereum fees are out of control. Crypto companies are changing their pricing to avoid losses on ETH. BlockFi, the crypto lending firm that's battling multiple state securities regulators over its high-interest savings accounts, announced over Twitter today that it would no longer offer free withdrawals of ETH "due to the increasing transaction costs on the Ethereum network." The announcement applies not only to ETH, but four tokens that run atop the Ethereum network: Chainlink, Pax Gold, Uniswap, and Basic Attention Token.