JPMorgan expects blockchain use in finance to increase as the crypto sector grows. The global investment bank says, “We want to make sure that we are able to not only support that but also be ready to provide related services.” JPMorgan’s Blockchain Plans JPMorgan Chase & Co foresees increased blockchain usage in traditional finance and is getting ready to offer…
Month: May 2022
JPMorgan trials blockchain for collateral settlement in after-hours trading
Multinational investment bank JPMorgan Chase & Co is reportedly trialing the use of its own private blockchain for collateral settlements. According to Bloomberg JPMorgan conducted a pilot transaction last Friday which saw two of its entities transfer a tokenized representation of Black Rock Inc. money market fund shares A money market fund is a type of mutual fund that is…
Billionaire Bill Miller calls Bitcoin ‘insurance’ against financial catastrophe
Bill Miller the billionaire founder and Chief Investment Officer of investment firm Miller Value Partners, has said he considers Bitcoin (BTC) an “insurance policy against financial catastrophe.” Appearing on an episode of the “Richer, Wiser, Happier” podcast on May 24 Miller backed the cryptocurrency as a means for those caught in conflict to still access financial products. He used the…
History Of Davos And The World Economic Forum
Watch This Episode On YouTube or Rumble Listen To The Episode Here: In this episode of the “Fed Watch” podcast, we get interactive with the Bitcoin Magazine livestream team, talking about the history of Davos and the World Economic Forum (WEF), as well as getting into some questions and answers about my Federal Reserve predictions. The week of May 23,…
SEC Drops the Ball on Crypto Regulation and There Are Long-Term Consequences, Says Commissioner – Regulation Bitcoin News
A commissioner with the U.S. Securities and Exchange Commission (SEC) has warned that the securities market regulator has dropped the ball on crypto regulation. “We’re not allowing innovation to develop and experimentation to happen in a healthy way, and there are long-term consequences of that failure,” said the commissioner. SEC Commissioner Warns About the ‘Failure’ of Crypto Regulation SEC Commissioner…
Bitcoin Helps Humanitarian Aid In Ukraine
This is a recording of a recent Twitter Spaces conversation about using bitcoin to get humanitarian aid to the people of Ukraine. Listen To This Twitter Spaces: Transcript. [0:07] CK: Hey, how’s it going, Gleb? [0:09] Gleb Naumenko: Not so bad. Mostly back to work at this point with the Bitcoin stuff. But also, yeah, that’s it. [0:18] CK: Yeah.…
Why the Crypto Industry in Indonesia Is Set to Leapfrog Competing Markets – Interview Bitcoin News
With over 270 million people, Indonesia is the fourth-most populous country in the world and its economy is one of the largest markets in Asia. It also has a large unbanked population, a receptive regulatory environment and additional factors making it stand out for crypto adoption. In the latest episode of the News Podcast we talk to a local expert…
How Lightning Can Integrate With The Web
Every time you google something, every time you goof off do serious research on YouTube or Instagram, every time you order an Uber, every time you check your portfolio or read the news, you’re using the web. As a matter of fact, you’re using the web right now reading this. The web is a tool, but it’s a tool in…
As Terra Dies and Forks, Protocols and Projects Move to Polygon
Forget Terra 2.0—Polygon wants Terra projects to move to its blockchain instead. Polygon Studios CEO Ryan Wyatt shared via Twitter yesterday that Polygon—a sidechain built to compliment and help scale Ethereum—is launching a “multi-million dollar fund” called the Terra Developer Fund to help Terra projects move from Do Kwon’s now-infamous and failed blockchain onto Polygon. Two and a half weeks…
Huobi Global Acquires Latin American Crypto Exchange Bitex – Bitcoin News
The digital currency exchange Huobi Global has revealed it has acquired Bitex, a Latin American crypto platform that operates in Argentina, Chile, Paraguay, and Uruguay. Huobi details that the company is stepping up its presence in Latin America as it believes the region will be one of the most active crypto adoption areas worldwide. Huobi Aims to Step Up Its…