Blink Wallet Introduces $1 Monthly Inactivity Fee on Custodial Accounts

• —The $1 monthly fee applies only to custodial accounts inactive for over 12 months
• —About 100,000 dormant accounts held more than $800,000 in aggregate
• —The first charge raised roughly $45,000, mostly from dust bitcoin balances
• —Fees are refunded if the user logs back in within 12 months