JPMorgan CEO: Cryptocurrencies Are Just Decentralized Ponzi Schemes
Jamie Dimon, the CEO of JPMorgan Chase, gave testimony in front of Congress in the United States (U.S.). In that testimony, he referred to himself...
Search Results for: crypto
The New US Crypto Draft Would Put a 2-Year Ban on Algorithm Stablecoins
New algorithm stablecoins such as TerraUSD Classic (USTC), which de-pegged from the US dollar early this year, would face a two-year prohibition under draft legislation...
Dubai Royal Family Form A Partnership To Enable Crypto Transactions
CoinCorner, a worldwide leader in Bitcoin and Lightning Network services, has formed a partnership with Seed Group, a firm that is a member of the...
Colorado Now Accepts Crypto For All State Tax Payments
Various jurisdictions have boasted their crypto-friendly credentials in recent times, but Colorado has now emerged as the first state in the United States to adopt...
Wintermute Crypto Market Maker Loses $160 Million in its Defi Hack
Wintermute, a cryptocurrency market maker, was hacked for about $160 million in its Defi activities, according to an announcement made on Twitter Tuesday by the...
Australia Drafts Bill To Regulate Stablecoins and Crypto Exchanges
Andrew Bragg, a senator for the Australian Liberal Party, has introduced a new draft bill to put restrictions on digital asset exchanges, stablecoins, and the...
White House Issues Crypto Regulatory Framework
After conducting research on the cryptocurrency sector for a period of six months, various federal agencies have presented their findings and recommendations in a document...
Ukrainian Varus Supermarket To Accept Crypto Payment Via Binance Pay
Varus, a Ukrainian retailer with over 100 supermarkets, has collaborated with Binance, the world’s top digital asset platform, to introduce cryptocurrency payments. As a result,...
BigCommerce Gets into Partnership To Offer Crypto Payments
BigCommerce, an open source software as a service (SaaS) eCommerce platform, has formed strategic relationships with the cryptocurrency app BitPay and the worldwide cryptocurrency payment...
Thailand SEC Has Decided to Outlaw Crypto Lending and Staking
According to a news statement issued on Thursday, Thailand Securities and Exchange Commission (SEC) has prohibited cryptocurrency firms from selling staking and lending services to...