Despite JPM’s boss being tough on crypto, the bank takes on two regulated exchanges as clients in what some are calling a “game-changer.” As the largest among the United States’ “Big Four” banks, JPMorgan Chase comes across as an unlikely ally to digital asset service providers seeking to break through the glass ceiling still separating […]
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Private blockchains that have been specifically designed for enterprise use could be highly desirable targets for hackers’ attacks. When blockchain technology was first brought to the public’s attention, it was lauded on many fronts as “unhackable.” While there are many benefits to blockchain worth noting already, we probably still haven’t seen what its ultimate potential […]
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Robert Kiyosaki’s May 19 message on Twitter to buy Bitcoin was more ominous than his earlier prediction of a $75,000 BTC price. Businessman Robert Kiyosaki isn’t the only high-profile figure to advocate turning to Bitcoin during the current financial crisis, but he is one of the few making it sound like a life and death […]
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A data-based approach to cryptocurrency investment shows promise, so why are investment advisors at top firms still pushing clients away? The crypto space and market cap is a small percentage of the trillions invested through the global equities market or the amount that the United States Federal Reserve is able to print. While the promise […]
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Some Chinese companies could be left out of the world’s second-largest stock exchange as a result of proposed changes — and crypto is no exception. Nasdaq, the world’s second-largest stock exchange, is going to introduce new restrictions on initial public offerings, or IPOs, to prevent smaller Chinese companies from getting listed, a recent Reuters report citing anonymous […]
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Filed this morning, the second class action against block.one estimates that U.S. investors made up $200 million of the EOS ICO, in violation of securities law. Per a May 18 complaint, more investors are looking to recoup funds invested in the record-breaking initial coin offering for EOS — which netted a total of $4 billion […]
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Former Bakkt CEO Kelly Loeffler sent documentation concerning her stock trades to the Justice Department amid insider trading accusations. The former chief executive officer of both Bakkt and the New York Stock Exchange’s parent company Intercontinental, U.S. Senator Kelly Loeffler, has handed over documentation concerning her trading activities to the U.S. Justice Department, or DoJ, […]
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Check out this week’s Bad Crypto News. The halving came and the halving went, which means that miners now only get 6.25 Bitcoins for each block and we only have about 1450 days to wait until the next one. That’s something to look forward to, especially as this halving didn’t seem to do much harm. […]
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ErisX rolls out CFTC-regulated, physically-settled ETH futures contracts to U.S. traders, but positive spot price action is not a certainty. Crypto exchange platform ErisX is bringing Ether (ETH) futures trading to the United States, becoming the second cryptocurrency derivatives product on offer in the country. The announcement came only a few days after the Chicago-based, […]
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A database of 129 million Russian car drivers is being exposed on the darknet for just 0.3 Bitcoin or about $2,900. The major cryptocurrency, Bitcoin (BTC), continues to be actively used for illicit activity. Anonymous hackers have taken the data of over 129 million Russian car owners to expose it on the darknet in exchange […]
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