Crypto spam increases 4000% in two years: LunarCrush
Would be owner Elon Musk plans to shake the crypto spammers out of Twitter, disputing their claims that fake accounts only account for 5% of the total. Go to Source Powered by WPeMatico
Month: May 2022
Billionaire Bill Miller calls Bitcoin ‘insurance’ against financial catastrophe
Miller said Bitcoin “functioned without the Fed and without any interference” during times of market turmoil, concluding that “it’s an insurance policy, the way I look at it.” Go to Source Powered by WPeMatico
JPMorgan Foresees Increased Blockchain Use in Finance — Prepares to Offer Related Services
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 … Read more
JPMorgan trials blockchain for collateral settlement in after-hours trading
“What we’ve achieved is the friction-less transfer of collateral assets on an instantaneous basis,” stated JPMorgan’s global head of trading services Ben Challice. Go to Source Powered by WPeMatico
This Metaverse Crypto Coin Gained 46% This Week (OpenWorld)
As Bitcoin and Ethereum continue to trade sideways, with BTC holding above $29k and ETH struggling at $1,700, a Metaverse Crypto Coin called OpenWorld (OPEN) gained over 46% in the past week and over 11% in the past 24 hours. OpenWorld was recently added to the Metaverse category of CoinMarketCap, and with a $2.2 million … Read more
How Hard Is It to Prevent Frauds and Detect Suspicious Activity?
Since the jump online, financial institutions and their patrons have been victims of cybercriminals. In fact, financial organizations and all types of businesses can be susceptible to fraud. Fraud can take many different forms, but it can be split into three main types: misappropriation of assets, bribery, and false statements on financial statements. Although this … Read more
7 Steps You Need to Take to Start Investing Your Money and Secure Your Future
Investment is an intimidating topic because it yields returns. At the same time, it is essential to grow your wealth over time, irrespective of what lifestyle you follow. Nothing else could be safer than growing a habit of investing a part of the income from an early age. Investing in the right place and at … Read more
SEC Drops the Ball on Crypto Regulation and There Are Long-Term Consequences, Says Commissioner
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’ … Read more
Why the Crypto Industry in Indonesia Is Set to Leapfrog Competing Markets
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 … Read more
Huobi Global Acquires Latin American Crypto Exchange Bitex
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 … Read more
