Global investment bank JPMorgan’s JPM Coin has seen a significant surge in transactions, according to Umar Farooq, head of Onyx by JP Morgan. During a session at the Consensus conference, Farooq stated, “We’ve seen the number of transactions explode by factors of 10, if not hundreds. Fewer larger transactions, lots of smaller transactions.” He noted […] Source: https://news.bitcoin.com/jpmorgans-jpm-coin-sees-transactions-explode-with-programmability-features/
Month: May 2024
Former banker sentenced to 41 months for crypto fraud
Rashawn Russell, a former Deutsche Bank executive, also intended to commit fraud with stolen bank cards. Source: https://cointelegraph.com/news/rashawn-russell-crypto-fraud-sentencing
Trump Meme Coins Plunge After He’s Found Guilty on 34 Felony Charges
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Meme coins famously rise and fall based on shifting sentiment among traders—and on Thursday, the buzz around Donald Trump-themed coins is apparently rough, based on the…
Tornado Cash sentence 'radically unfair and unreasonable' — Nym CEO
CEO Harry Halpin pointed to history and used Nazi Germany as an example of why digital privacy must be protected in the 21st century. Source: https://cointelegraph.com/news/tornado-cash-sentence-radically-unfair-unreasonable-nym-ceo
DePIN networks can disrupt Big Tech and free the internet
DePIN networks can eat infrastructure the way software consumed most commerce. Akash, Helium and Filecoin are at the forefront of that movement. Source: https://cointelegraph.com/news/depin-networks-disrupt-big-tech-and-free-the-internet
FOMO HOUR 127 – CELEB COINS CRASH!
FOMO HOUR 127 – CELEB COINS CRASH! NYSE to launch BTC options. CME has ‘no plans’ to offer SOL futures. Stablecoin market cap rises to 2 year high. Inflation below 3.3% ‘means BTC ATH’. Crypto market cap heading to $200T: Yat Siu. Gemini recovers $2.2bn for Earn users. PayPal stablecoin will offer ‘confidential transfers’. Mastercard launches Crypto Credential pilot on…
Elon Musk Says Crypto Can Shift Power From Government to the People, but Denies Discussing Crypto With Trump
Tesla and Spacex CEO Elon Musk has debunked reports claiming that he advised former U.S. President Donald Trump on cryptocurrency. While stating that he is pretty sure he has not discussed crypto with Trump, Musk said crypto can “shift power from the government to the people,” and he is generally in favor of it. Musk: […] Source: https://news.bitcoin.com/elon-musk-says-crypto-can-shift-power-from-government-to-the-people-but-denies-discussing-crypto-with-trump/
US pro-crypto super PAC Fairshake gets $25M from Andreessen Horowitz
The major contribution comes a day after the PAC received an equal amount from Ripple. Source: https://cointelegraph.com/news/pro-crypto-pac-fairshake-25m-a16z-donation
$2.18 Billion Digital Assets in Kind Returned to Earn Users, Gemini Says
Cryptocurrency exchange Gemini announced on Wednesday that Earn users have received $2.18 billion of their digital assets in kind, representing 97% of their assets owed and a 232% recovery since Genesis halted withdrawals. This recovery follows a settlement with Genesis and other creditors, ensuring that Earn users will receive 100% of their digital assets back […] Source: https://news.bitcoin.com/2-18-billion-digital-assets-in-kind-returned-to-earn-users-gemini-says/
UXLINK’s Profit Rises Sharply in Web3 Social Infrastructure
PRESS RELEASE. UXLINK, a leading Web3 social platform and infrastructure provider, has reported a significant increase in profits, driven by its innovative business model and expanding ecosystem. For Users: UXLINK offers a platform where users can socially discover, participate in, and trade crypto assets through group interactions. This approach enhances user engagement and community building. […] Source: https://news.bitcoin.com/uxlinks-profit-rises-sharply-in-web3-social-infrastructure/