JPMorgan Chase boss Jamie Dimon may not like Bitcoin or cryptocurrency—but his bank is one of the “bigger users” of its underlying technology. Billionaire banker Dimon said Tuesday that his bank—one of the largest in the world—was one of the biggest “real” users of the blockchain. “[JPMorgan Chase] is probably one of the bigger users of blockchain. A real user—an…
Month: September 2024
Chainlink’s Sergey Nazarov predicts asset tokenization will transform Web3
Trillions of dollars will flow into Web3 once the details of the Internet of Contracts are worked out. Source: https://cointelegraph.com/news/tokenized-real-world-assets-surpass-cryptocurrencies?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Massive Twitter Hack Tries, Fails to Promote Crypto Scam in ‘Most Incompetent’ Hack of the Year
Hackers targeted a number of notable Twitter (aka X) users on Wednesday, apparently hijacking the accounts of brands and celebrities to post tweets pushing a dodgy meme coin. But the Solana token didn’t get much traction. Computer brand Lenovo’s India division, film director Oliver Stone, Yahoo News UK, and Brazilian soccer player Neymar Jr. were just some of the prominent…
World Banking Giants Join Project Agora to Reengineer Cross Border Payments
Over 40 leading private banking institutions have joined Project Agora, a Bank for International Settlements (BIS) initiative to integrate smart contracts to change the current payment flow standard. The objective is to design a system combining public and private money to enhance cross-border settlement processes. Project Agora Gains Support From Private Banking Giants Project Agora, […] Source: https://news.bitcoin.com/world-banking-giants-join-project-agora-to-reengineer-cross-border-payments/
Longevity expert draws link between Bitcoin and anti-aging communities
According to The Longevity Foundation, nascent technologies such as artificial intelligence can also help solve the aging problem. Source: https://cointelegraph.com/news/longevity-expert-explains-link-between-crypto-community-anti-aging?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC Charges Another DeFi Platform, Insists Projects Can’t Hide Behind ‘Decentralization’
The United States Securities and Exchange Commission (SEC) announced Wednesday that it has reached an agreement to settle previously unannounced charges against Rari Capital, a decentralized finance (DeFi) platform. The regulator alleged that Rari Capital and co-founders Jai Bhavnani, Jack Lipstone, and David Lucid misled investors and that the platform served as an unregistered broker. Rari Capital’s platforms held more…
DBS Bank to Launch OTC Crypto Options Trading for Institutional Clients in Q4 2024
DBS Bank, Singapore’s largest bank, has announced plans to launch over-the-counter (OTC) crypto options trading and structured notes for institutional clients in Q4 2024. This new offering will allow institutional investors to gain exposure to bitcoin and ethereum, the two largest cryptocurrencies by market capitalization. The initiative aims to provide sophisticated tools for managing digital […] Source: https://news.bitcoin.com/dbs-bank-to-launch-otc-crypto-options-trading-for-institutional-clients-in-q4-2024/
US lawmaker accuses SEC of ‘enforcement abuse’ against crypto firms
House of Representatives members brought up FTX, Donald Trump’s token launch, and SEC Chair Gary Gensler at the “Dazed and Confused” digital assets hearing. Source: https://cointelegraph.com/news/us-lawmakers-sec-enforcement-crypto-firms-politicized?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
WisdomTree aims to bring self-custody to regulated RWAs
The WisdomTree Connect platform aims to let users access WisdomTree’s RWA tokens with any wallet, from any blockchain network. Source: https://cointelegraph.com/news/wisdom-tree-aims-bring-self-custody-regulated-rwas?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
$1.5M CryptoPunk bought for $23K, Coinbase’s NFT legal defense fund: Nifty Newsletter
Pudgy Penguins CEO Luca Schnetzler believes the SEC’s actions against NFTs are nonsense, describing them as a “nothing burger.” Source: https://cointelegraph.com/news/1-5-m-crypto-punk-bought-23-k-coinbase-legal-defense-fund-nfts-nifty-newsletter?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound