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JPMorgan Calls Square’s Bitcoin Investment ‘Strong Vote of Confidence’ for the Cryptocurrency
14.10.2020
Other payment companies will also likely follow in Square's footsteps or risk getting shut out of a growing segment, JPMorgan wrote
JPMorgan’s Blockchain Lead Is Now in Charge of Ethereum-Based Interbank Information Network
8.10.2020
JPMorgan Blockchain Lead Christine Moy has been promoted to lead the bank’s Ethereum-based Interbank Information Network (INN)
JPMorgan Admits Fraud, Agrees to Billion Dollar Settlement for Illegal Trading
30.9.2020
JPMorgan Chase has admitted to fraud charges and agreed to settle with the U.S. Department of Justice, the Commodity Futures Trading Commission, and the Securities and Exchange Commission. The firm has agreed to pay nearly a billion dollars in penalties and victim compensation. JPMorgan’s...
5 Major Banks Exposed for Moving Trillions for Mobsters, Onecoin, and Drug Cartels
21.9.2020
According to the International Consortium of Investigative Journalists (ICIJ), five major global banks have been exposed funneling trillions of dollars in criminal funds in the recently leaked FinCEN Files. The massive leak is 2,100 documents spanning from 2000 to 2017 which shows fraudulent funds...
Bitcoin market cap will match JPMorgan’s if the $16.5K CME gap closes
14.9.2020
At $16,500, Bitcoin’s market cap would match that of JPMorgan, illustrating just how early the crypto sector is in its growth phase
Quorum’s creator says the project was going nowhere, JPMorgan wanted rid of it
26.8.2020
He also said that nothing built on Ethereum is capable of scaling
Crypto Exchanges as Competitive as Google, JPMorgan, the Fed - Report
26.8.2020
Business is booming for crypto exchanges, per a new report, which claims that the industry is becoming as competitive as tech giants, major banks – and even the American central bank.
These were the findings of a paper from Coin Metrics, whose authors wrote,
“The crypto industry, and exchanges...
ConsenSys Acquires Enterprise Blockchain Quorum From JPMorgan
25.8.2020
Source: Adobe/William (edited by Cryptonews.com)
ConsenSys, a major Ethereum (ETH) and blockchain software company, has today announced the acquisition of Quorum, an enterprise blockchain unit developed by the U.S. investment banking giant JPMorgan Chase, the company said in a press release shared...
Goldman Sachs Cryptocurrency: Possible Collaboration With JPMorgan and Facebook
8.8.2020
Goldman Sachs is considering creating its own cryptocurrency. Having recently appointed a new head of digital assets, the company indicated a possible collaboration with other companies, including JPMorgan and Facebook. JPMorgan has created the JPM coin and Facebook has proposed the Libra...
Pomp: Goldman Sachs’ Interest In Blockchain Shows Innovation Out of Necessity
6.8.2020
Anthony Pompliano states innovation inevitability in light of recent blockchain comments from new Goldman Sachs brass, Mathew McDermott
Singapore & JPMorgan to Rollout Blockchain-powered Payments Platform
13.7.2020
Singapore’s central bank says its prototype blockchain-powered cross-border payments network is now ready for commercial rollout.
As previously reported, the Monetary Authority of Singapore (MAS) began “industry testing" for its new solution with JPMorgan and the state-operated Singaporean...
JPMorgan’s Blockchain Offshoot Kadena Gets First Ever Token Listing
25.6.2020
Kadena preps its first ever listing on Bittrex Global, with initial trading pairs including Bitcoin and Tether
Blockchain Bites: JPMorgan on Bitcoin, South Korea on CBDCs and the Porn Industry on Crypto
15.6.2020
JPMorgan bond analysts think bitcoin has passed its first stress test while South Korea's central bank is continuing to research CBDCs
JPMorgan Analysts: Bitcoin Is Likely to Survive (as a Speculative Asset)
15.6.2020
Bitcoin proved itself a resilient asset, if not a stable or useful currency, during March's global market meltdown, JPMorgan analysts told investors
JPMorgan: Bitcoin’s Market Structure More Resilient Than Currencies, Equities, Treasuries and Gold
13.6.2020
JPMorgan’s strategists have reportedly found bitcoin’s market structure to be more resilient than those of currencies, equities, Treasuries, and gold. In a new report on bitcoin’s stress test, JPMorgan wrote that cryptocurrencies have “longevity as an asset class.”...
$1M Bitcoin Will Force JPMorgan to Wyoming for Safety — Caitlin Long
6.6.2020
Major legal threats in the case of a big leap in Bitcoin price will see banks scrambling for support, the advocate forecasts
Chase Bank to Refund 95% of $2.5M It Allegedly Overcharged Crypto Buyers
1.6.2020
The JPMorgan subsidiary has agreed to repay most of $2.5 million it took in credit card fees for cryptocurrency purchases
JPMorgan Chase Settles Crypto Credit Card Lawsuit for $2.5M
29.5.2020
JPMorgan Chase recently came to terms on a lawsuit from 2018 involving added fees for crypto purchases using credit cards
JPMorgan Loses USD 2.5M in Crypto Case, Dragonchain on Science Channel + More News
29.5.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Legal news
Major investment bank JPMorgan Chase has agreed to pay USD 2.5 million to settle a class-action lawsuit over...
JPMorgan to Pay $2.5 Million to Settle Lawsuit for Overcharging Crypto Fees
28.5.2020
JPMorgan Chase has reportedly agreed to pay $2.5 million to settle a crypto class-action lawsuit. Originally filed in 2018, the suit alleges that the bank overcharged customers for buying cryptocurrencies using Chase credit cards, classifying the purchases as cash advances. JPMorgan Settles...