The head of JPMorgan Chase, a leading financial holding company, Jamie Dimon, not so long ago, was critical of bitcoin and cryptocurrency in general. However, he now appears to have moved from the stage of denial to the stage of adoption, although he insists that cryptocurrency is undermining the banking industry. So, in a recent interview with Yahoo Finance, Dimon noted that cryptocurrency providers offer […]
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The popular Bitcoin exchange Poloniex announced that it had become the first trading platform that now offers its users the possibility of staking the Cosmos cryptocurrency (ATOM) with daily income payments. Cosmos staking is live! Simply deposit @ cosmos $ ATOM to Poloniex and begin earning daily staking rewards today! With no lock-up period (non-US customers only) […]
Bitcoin and other cryptocurrencies continue to attract large and experienced investors. Another evidence of this was the news that 75-year-old billionaire Henry Kravis became an investor in the cryptocurrency fund of ParaFi Capital, reports Bloomberg. Henry Kravis is a co-founder of the global investment firm Kohlberg Kravis Roberts & Co, whose capitalization as of October 2017 was $ 16.5 billion. Personal […]
The blockchain development roadmap in Russia, developed by the Novosibirsk Institute of Software Systems (NIPS) and the Waves team as part of the state program “Digital Economy”, appeared in an open access in one of the Telegram channels. As the author of the channel points out, the “secret document” could be “merged due to an oversight,” since the link to it was allegedly discovered via the Pastebin web application. The document is available […]
Investment Bank Goldman Sachs does not exclude the possibility of creating its own digital currency, following the example of how JPMorgan did it. About this in an interview with the French edition of Les Echos reported CEO of the bank David Solomon. He said that Goldman Sachs conducts serious research in the field of tokenization of assets. "We believe in the potential of this technology, which determines the creation of a stable digital currency […]
The head of the Galaxy Digital Cryptocurrency Bank, Mike Novograts, spoke about the reasons for the recent rise in Bitcoin, and also admitted that he managed to sell a small amount of coins last Wednesday, when the price of the first cryptocurrency updated this year's new record. He stated this in an interview with CNBC. So, Novograts, like some other experts, believes that on the rise of the price of the first cryptocurrency […]
South Korean technology giant Kakao launched the Klaytn blockchain platform's main network. Several large companies have already joined it, including LG Electronics, Cointelegraph reports. Kakao’s blockchain-based CEO Han Zhe Song said that the total value of companies using Klaytn is $ 64.8 billion. Currently, nine decentralized applications (dApps) are available on the platform. Among them, for example, an application that rewards visitors […]
Ireland-based cryptocurrency exchange Bitsane ceased operations, and its management stole deposits of almost 250 thousand users, reports The Forbes. As the newspaper notes, Bitsane LP in the past was listed as one of the trading platforms approved by Ripple. In addition, in January 2018, an article about Bitsane was published on CNBC, which, among other things, stated that […]
The development of digital financial technologies, including Bitcoin and other cryptocurrencies, may have a negative impact on the financial position of banks. This statement was made by Deputy Chairman of the Central Bank of Russia Vasily Pozdyshev, reports TASS. Speaking at the international conference “Deposit Insurance and Liquidation of Banks: Standards, Best Practices and Innovations”, he noted that the regulator cannot but respond to the growth of financial technology […]
Bitcoin has the characteristics of an ideal “safe haven” for investors. This is somewhat unexpectedly stated in a recent report by the official news agency of the Chinese government, Xinhua, reports Cryptopolitan. Historically, the Chinese authorities were opponents of cryptocurrency, banning in 2017 both the work of stock exchanges and the holding of ICOs in the country. At the same time, the possession of cryptocurrencies in China is not prohibited. How […]