The largest bank by assets in the United States is investing in a blockchain intelligence firm as the adoption of crypto assets continues to deepen. Cryptocurrency analytics firm TRM Labs says in a statement that JPMorgan Chase is investing in its “crypto compliance and risk management technology.” According to Umar Farooq, the CEO of JPMorgan’s …
Continue reading “Banking Giant JPMorgan Makes New Investment in Crypto Analytics Firm”
A popular crypto analyst is looking for clues as to why Bitcoin (BTC) suddenly broke to the upside after weeks of price action that had been sideways at best. In a new strategy session, the host of financial education YouTube channel InvestAnswers lays out the possible scenarios for his 416,000 subscribers which range from the …
Continue reading “Here’s What Triggered Bitcoin’s Big Bounce, According to Host of InvestAnswers”
A widely followed crypto trader is adapting his investing strategy as macro factors affect traditional market predictors. Pseudonymous crypto analyst Pentoshi tells his 522,200 Twitter followers he’s currently buying into Bitcoin (BTC) but more hesitant about Ethereum (ETH) and altcoins in general. “The thing that makes me hesitant on ETH is this and why I’ve …
Federal Reserve Chair Pro Tempore Jerome Powell and some members of the U.S. House of Representatives called for congressional action on crypto in response to discussions about Russia potentially evading sanctions. In a Wednesday hearing of the House Financial Services Committee on “Monetary Policy and the State of the Economy,” California Representative Juan Vargas asked …
Continue reading “US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions”
On Wednesday, the European Union announced that within 10 days, it intends to remove seven Russian banks from the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, messaging system. The list of sanctioned banks includes Russia’s second-largest bank, VTB Bank, alongside Bank Otkritie, Novikombank, Promsvyazbank, Bank Rossiya, Sovcombank and VEB. Without access to SWIFT, which is a …
Seasoned crypto enthusiasts will remember Didi Taihuttu as the man who went all-in on Bitcoin (BTC) in 2016. He sold his and his family’s possessions. camping out in the Netherlands while he waited for Bitcoin to the moon. In an interview with Cointelegraph, Taihuttu recalls how it felt to own almost nothing but Bitcoin, 6 years …
Continue reading “The Bitcoin Family talks about traveling, giving and orange-pilling”
Grayscale parent Digital Currency Group, better known as DCG, announced that it intends to repurchase up to $250 million in shares for various Grayscale investment products. The share repurchase program is centered around Grayscale’s Litecoin Trust, Horizon Trust, Zcash Trust and other Grayscale products, DCG confirmed on Wednesday. The pace and timing of the share …
Continue reading “DCG announces $250M share repurchase for Grayscale products”
The e-commerce company is expected to make an announcement about new payment options on March 10. eBay CEO Jamie Iannone told financial news site The Street this week that his e-commerce company is moving closer to accepting Bitcoin and crypto. Iannone said that eBay is “completing [a] transition to manage payments where we’re now managing …
Continue reading “EBay Could Accept Bitcoin and Cryptocurrency in the Coming Months”
Nvidia Corp confirmed that some proprietary information and employee credentials were stolen by hackers during a breach last week. “We are aware that the threat actor took employee credentials and some Nvidia proprietary information from our systems and has begun leaking it online.” The hackers — operating under the group name LAPSU$ — have been …
The government of Ukraine, which according to various estimates has already received about $33 million worth of crypto donations, has recently announced an airdrop aimed at its benefactors. However, some expressed dissatisfaction with the fact that certain donors apparently won’t be rewarded for their humanitarian aid. Answering to the humanitarian appeal from @FedorovMykhailo, TRON community …
Continue reading “Justin Sun gets salty over Ukraine’s airdrop ignoring TRON community”
Russia entered Ukraine five days ago and has been actively attacking certain near-border cities of Ukraine. As the invasion continues without deceleration, death tolls show that more than 136 civilians have been killed, at least 10 of them being children. The current situation disturbed many around the world, who are now looking for ways to …
Continue reading “Someone donated a CryptoPunk to Ukraine, but it might be lost forever”
Despite the raging conflict in Eastern Europe, crypto investment products saw inflows totaling $36 million in the week ending February 28, according to the latest report by institutional crypto fund manager CoinShares. However, the report which analyzes weekly flows into crypto asset funds observed regional variances–while the Americas saw inflows, European investment products recorded outflows. …
Ukraine has today become the first government to announce a cryptocurrency airdrop since El Salvador made Bitcoin legal tender in 2021. The snapshot will be taken tomorrow at 6 pm Kyiv time on March 3, to reward donors. At present, it is unclear which blockchains will be eligible for the Ukraine airdrop. There are several …
Continue reading “Ukraine to issue airdrop to all crypto donors ahead of snapshot”
As the war in Ukraine is continuing on its sixth day, sanctions imposed on Russia are both widening and deepening. More and more countries and international institutions are implementing sanctions, and the sanctions already in place are getting tougher on the Russian regime. While sanctions imposed on the infrastructure of traditional finance and payments have …
Continue reading “Why Russia can’t use crypto to evade sanctions”
According to a Twitter announcement stemming from Ukraine’s vice prime minister, Mykhailo Fedorov, the Ukrainian government will now accept dogecoin donations. Fedorov highlighted that meme assets like dogecoin are worth more than the Russian ruble and “even [memes] can support our army and save lives from Russian invaders.” Ukraine Vice Prime Minister: ‘Even Memes Can …
