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JP Morgan CEO Says Facebook’s Crypto Project Libra “Will Never Happen”

21.10.2019
Jamie Dimon, CEO of JP Morgan Chase, has voiced his opinions on Facebook’s ambitious and much-talked-about digital currency project Libra. In Dimon’s words, Facebook’s digital currency project Libra is a neat idea that will never happen. He, however, refrained from elaborating on the reasons behind...

McAfee Envisions DEX in a World Where Crypto Won’t Be Traded for Fiat

21.10.2019
In a recent video posted to Twitter. John McAfee states: “Imagine a world…where fiat currency is diminishing in importance.” Instead of pointing to the adoption of crypto by big money interests, the rogue politician and radical bitcoin proponent talks of a complete flip, where...

Bittrex Pulls Out of 31 Markets Citing Regulatory Uncertainty

21.10.2019
Cryptocurrency exchange Bittrex is discontinuing operations in 31 countries, including Venezuela and Zimbabwe. The trading platform has justified its decision on the basis of the regulatory uncertainty in these jurisdictions. Some of the nations in the list are going through political turmoil...

Earn More Interest on Your Crypto With These Comparison Tools

20.10.2019
2019 has been the year in which crypto lending has really taken off. Centralized and decentralized finance have been major growth areas, aided by crypto exchange integration and a backdrop of negative interest rates in the banking sector. Why be penalized for saving fiat when you can be rewarded...

Traditional Law and Finance Can Adapt to Bitcoin, These Examples Show

20.10.2019
Bitcoin brought about solutions to persistent problems that stood in the way of previous attempts to invent digital money, such as the risk of double spending. Some of its features, however, like the characteristic irreversibility of blockchain transactions, have created certain challenges for...

Market Outlook: Crypto Prices Hold Steady but Face a Crucial Turning Point

20.10.2019
After sitting around $257 billion, the cryptocurrency market lost $35 billion in less than 30 minutes on September 24. Since then, many digital assets have found new support, but bears have started to claw away at these areas. Most cryptocurrencies are testing their weekly support trendline that...

AT&T Customer Files Case Against the Firm For Causing $1.8 Million Loss

20.10.2019
A complaint has been filed against telecom giant AT&T by a customer accusing the firm of channelizing an employee-aided SIM swap, which has caused the complainant a loss of $1.8 million, including crypto assets theft. The complaint has been filed by Seth Shapiro who is a well-known Californian...

Fed Research Considers Negative Interest Rates Effective Policy Tool

20.10.2019
A research paper published by the Federal Reserve Bank of San Francisco shows how negative interest rates could become an important policy tool for fighting future economic downturns. The paper examines the market response to the introduction of negative interest rates by five major central banks....

How to Trade Crypto in Person Safely

20.10.2019
With mainstream exchanges becoming progressively cumbersome due to privacy invasive policy and regulation, some crypto traders are switching to more private, face-to-face trading. While this route isn’t for everyone, and comes with unique risks, it does offer a very real solution to many...

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