Coinchange Announces Truly 0% Fee Brokerage and 25% APY DeFi Platform That Is Secure and Regulated
PRESS RELEASE. Toronto––Coinchange is diversifying its portfolio of offerings with a move into the DeFi space. The High-Yield Account will provide all users with returns of up to 25% per annum on their USDC balances. This unique opportunity is paired alongside Coinchange’s existing fiat gateways and crypto brokerage, which will allow users to buy and sell BTC, ETH, USDC and USDT with 0% trading fees for a limited time. Easy Access to...
South Korean Bank Woori Financial to Offer Crypto Custody Services
Woori Financial Group, one of the biggest financial conglomerates in South Korea, will offer crypto custody services. The bank will develop a joint venture effort with Coinplug, a blockchain-based developing company. This conglomerate signals the third bank entering the market in the country, after KB Kookmin Bank and Shinhan Bank. Woori Financial to Develop Joint Venture to Offer Custody Services Woori Financial Group, one of the...
Bitcoinization: JPMorgan Sees No ‘Tangible Economic Benefits’ of Bitcoin as Legal Tender
JPMorgan has offered its view on the bitcoinization of El Salvador, the country which recently made bitcoin legal tender alongside the U.S. dollar. JPMorgan says, “It is difficult to see any tangible economic benefits associated with adopting bitcoin as a second form of legal tender.” JPMorgan on the Bitcoinization of El Salvador JPMorgan & Chase’s Latin American research team published a report titled “The Bitcoinization of El...
Reddit Orders ‘SaveVideo’ Bot to Shut Down or Face Lawsuit
Reddit is one of the most popular sites on the Internet, ranking 19th in the world and 8th in the United States according to Alexa data. The social sharing website is built around users submitting text, images, and videos, allowing users to vote on content and pushing the most popular items to the top. While much of Reddit’s content is hosted externally, millions of items of multimedia content are hosted locally – unless users make...
Brazil’s Anti-Piracy “Operation 404” Leads to Arrests, Shutdowns, and Site Blocking
In the fall of 2019, Brazilian law enforcement conducted a large anti-piracy campaign codenamed ‘Operation 404,’ referring to the well-known HTTP error code. With help from international law enforcement, the authorities took down hundreds of sites and apps and arrested several suspects. A year later a new wave of anti-piracy action followed. Under the banner “Operation 404 #2”, law enforcement authorities blocked or seized the domain...
