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JPMorgan CEO Jamie Dimon Tells Congress Crypto Tokens Like Bitcoin Are ‘Decentralized Ponzi Schemes’
23.9.2022
JPMorgan Chase CEO Jamie Dimon said in a U.S. congressional hearing that crypto tokens, like bitcoin, are “decentralized Ponzi schemes.” He told lawmakers: “I’m a major skeptic on crypto tokens which you call currency.” JPMorgan CEO Jamie Dimon Calls Crypto Ponzi...
XRP price breaks out of range with a 25% rally, but why?
22.9.2022
XRP attracts buyers after the hope of a positive court ruling triggers a 25% rally above a key longer term resistance level
Coinbase is Giving Away ENS Usernames to Make Crypto Wallet Transfer Easier
22.9.2022
Major crypto exchange Coinbase has announced that it’s been working with decentralized identity infrastructure provider Ethereum Name Service (ENS) to offer Coinbase-managed web3 usernames free to users – enabling them to use that username instead of a traditional address to send and receive...
Coinflex plans give 65% of company to creditors as part of restructuring proposal
22.9.2022
Subject to a vote and court approval, the plan proposed CoinFlex creditors own 65% of the company, while its team members be allocated 15% of the company's shares
Biggest Movers: XRP Hits 4-Month High, ALGO up 17% on Thursday
22.9.2022
XRP moved to a fresh four-month high on Thursday, which comes as volatility in the crypto markets eased, following the latest U.S. Federal Open Market Committee meeting. The token rose past a key hurdle in today’s session, hitting its highest point since May. Algorand was another notable...
Bank of Russia, Finance Ministry Agree on Crypto Mining Regulation, Law Expected Soon
22.9.2022
Major government institutions in Moscow, the central bank and the finance ministry, have aligned their positions on the regulation of cryptocurrency mining in the Russian Federation. The respective bill will soon be filed with the State Duma, a high-ranking member of the house unveiled. Financial...
Be Fast Before Uniglo (GLO) ICO Sells Out And You Miss Shiba Inu (SHIB) And Dogecoin (DOGE) Like Gains
22.9.2022
Did you miss your chance to make huge gains with SHIB and DOGE? Both these tokens managed to harness a huge amount of momentum and a strong social media presence to boom up the charts. They were two of the biggest successes of 2021. While investing in them now could still bring you gains...
Binance Receives License to Offer More Crypto Services in Dubai
22.9.2022
Cryptocurrency Binance has received another license from Dubai’s crypto regulator. Binance can now provide more crypto-related services in Dubai. Binance’s New License in Dubai Cryptocurrency Binance announced Wednesday that it has received the Minimal Viable Product (MVP) license...
Argentine Airline Flybondi to Adopt NFT Technology for Ticket Issuance
22.9.2022
Flybondi, a low-cost Argentine airline, is introducing blockchain tech in its operations. The company announced recently it will start issuing tickets as non-fungible tokens (NFTs), broadening the possibilities of what customers can do with them. Users will be able to sell or transfer the tokens...
Trust Wallet Announces Integrating SWEAT Token
22.9.2022
Sweat Economy recently announced that Trust Wallet had integrated its SWEAT token. The move-to-earn platform allows users to send and receive SWEAT ERC-20 tokens on Trust Wallet. The news came from the official Sweat Twitter shortly after the launch of its largest ever airdrop. It has only been...
GMX Falls Concerning AVAX/USD Price Manipulation
22.9.2022
GMX, the popular decentralized derivatives exchange, recently faced a sudden 20% drop in value, falling below $40, concerning the price manipulation of AVAX/USD. Despite the crypto market facing issues overall, the factors accounting for GMX’s fall differ. Several analysts turned to Twitter...
Hong Kong to Start Testing Digital Currency in Coming Months
22.9.2022
China’s special administrative region of Hong Kong is going to trial а digital version of its dollar as early as this year, in preparation for eventual roll-out. The territory is trying to catch up with those that are already launching central bank digital currencies, including...
Binance Founder CZ Announces Romanian Office as Part of Regional Expansion
22.9.2022
Changpeng Zhao (CZ), founder and chief executive officer of cryptocurrency exchange Binance, has announced the opening of an office in Romania. During a visit to the country, he met with high-ranking officials and emphasized Binance’s intentions to expand direct operations in Eastern Europe....
Japanese Banking Heavyweight Nomura to Launch Crypto-Focused Venture Capital Arm
22.9.2022
On Wednesday, the Japanese financial holding company and principal member of the Nomura Group, Nomura Holdings, announced the launch of a crypto-focused venture capital unit called Laser Digital Holdings. Nomura’s move follows a number of financial giants entering the cryptocurrency industry...
Binance receives green light for crypto services in Dubai
21.9.2022
The new MVP License is a transition from a provisional license received under a new regulatory framework earlier this year
Kraken CEO Jesse Powell steps down: Report
21.9.2022
Jesse Powell will reportedly be succeeded as CEO by chief operating officer Dave Ripley, who has been with the crypto exchange since 2016
Crypto Prices Under Pressure – Here's 10 Ways to Protect Your Wealth From the Fed
21.9.2022
Crypto prices are telling us that there’s a storm brewing if it's not already here, so the sensible thing to do is to batten down the hatches.
But what exactly does that mean for market participants in the cryptocurrency space? What action can and should you take to preserve your wealth?...
Biggest Movers: XRP Remains Close to 4-Month High, as LTC Rebounds on Wednesday
21.9.2022
XRP remained close to a four-month high on Wednesday, following a recent breakout of a key resistance level. The token was above $0.4000 for a second consecutive session, which happened for the first time since June. Litecoin also edged higher, after prices rebounded following recent losses....
Crypto Exchange Kraken Backs Enterprise-Grade Liquid Staking Protocol
21.9.2022
On Tuesday, the liquid staking firm Alluvial revealed a consortium of organizations will collaborate on the “first enterprise-grade multi-chain liquid staking protocol.” Alluvial’s announcement detailed the protocol will be known as the “Liquid Collective” and...
Blurring the line between crypto and TradFi could redefine global finance
21.9.2022
The merging of crypto and TradFi is inevitable, with the latter potentially mitigating the volatility permeating the digital asset industry