Crypto Financial Services Firm Blockfi Launches Competitive Bitcoin Trust
The cryptocurrency financial services firm Blockfi has launched a bitcoin-based trust that offers custody from Fidelity Digital Asset Services. Blockfi’s investment vehicle aims to give investors exposure to the leading crypto asset as bitcoin assets under management (AUM) was over $29 million on February 8, 2021. Blockfi Launches a Competitive Bitcoin Trust With a Sponsor Fee of 1.75% On Tuesday, the lender and financial services...
South Korean Crypto Exchange Becomes the First Overseas Platform Legally Recognized in China
A South Korean cryptocurrency exchange announced it established its first legally recognized branch in China. Although the nation banned all local crypto trading services, DBX said the firm already obtained a license to go ahead with the operations. Final Certificate of Incorporation Granted on February 5 According to Money Today, DBX received the operating license to establish the subsidiary in China as part of its overseas expansion...
Bitcoin Futures Open Interest Smashes $15 Billion, CME Registers Over $33 Million in ETH Contracts
Following the revelation that Tesla now owns $1.5 billion in bitcoin, crypto spot markets across the board skyrocketed. Data shows that crypto derivatives markets also saw significant demand as bitcoin futures open interest tapped $15 billion on Monday. Moreover, this week was the start of ethereum futures on CME Group’s exchange, and ether-based futures registered $33 million worth on the first day of launch. Bitcoin Futures Open...
Google Takes Out YouTube Ripper with WIPO Domain Dispute
Free music is easy to find nowadays. Just head over to YouTube and one can find millions of tracks, including many of the most recent releases. This is a problem for the major record labels which don’t want tracks to leak outside YouTube’s ecosystem. For this reason, YouTube rippers are seen as a major threat. The music industry is actively tackling this issue by requesting IPS blockades and taking site operators to court. Ideally,...
Hacker Blackmails Pirate IPTV Services, Threatens To Send User Data To Police
In most countries blackmail is a very serious offense resulting in considerable jail sentences. However, that is proving no deterrent to an individual behind a series of hacks targeting pirate IPTV providers over the past couple of years. Two Linked Suppliers Targeted in New Hacks During the past two days, a pair of UK-based IPTV suppliers – SapphireSecure.net and KS-Hosting.com – became victims in what appears to be a series of hacks...
