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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2015-06-26] BTC.sx Rebrands as Magnr, Introduces Bitcoin Savings Accounts
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tyz (OP)
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June 26, 2015, 07:00:44 PM
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According to BitcoinRichList.com there are over $750 million worth of bitcoin sitting idle. Magnr, a company dedicated to providing Cryptocurrency Financial Services, is trying to change this by allowing the first-ever blockchain-based “savings accounts.” Magnr currently operates across two verticals: trading and saving.

http://coinyoo.com/2015/06/26/btc-sx-rebrands-as-magnr-introduces-bitcoin-savings-accounts/
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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June 27, 2015, 12:45:50 AM
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Interesting development but it doesn't sound like they're ready just yet to begin taking deposits. I wonder what kind of interest they'll be paying out.
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