JPMorgan has outlined key changes it expects in the crypto industry and its regulation following the collapse of crypto exchange FTX. The global investment bank envisages several new regulatory initiatives, including those focusing on custody, customer asset protection, and transparency. JPMorgan Expects Major Changes in Crypto Industry Post FTX Meltdown Global investment bank JPMorgan published …
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared how he and Sam Bankman-Fried (SBF) almost raised $8 billion from institutional investors to save crypto exchange FTX before it collapsed. However, when reports emerged of FTX being investigated by several authorities, including the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission …
Reports on Monday detail that the zero-Covid policy protests in China have lowered market sentiment as U.S. equity markets show the top four Wall Street indexes are struggling. The global crypto market cap is down 3.5% and getting awfully close to dropping below the $800 billion mark. Precious metal prices, on the other hand, like …
On Nov. 28, 2022, the crypto lender Blockfi informed the public via a press release that the company has voluntarily petitioned for Chapter 11 bankruptcy protection. Blockfi is now one of many digital currency businesses dealing with significant financial hardships and bankruptcy proceedings in 2022. Blockfi Voluntarily Petitions for Chapter 11 Bankruptcy Protection Blockfi has …
Bitcoiners stand on the precipice of great change, built upon a distributed code that builds common values. This is an opinion editorial by Phil Snyder, professor, video director and editor. According to Merriam-Webster, a nation-state is: “A form of political organization under which a relatively homogeneous people inhabit a sovereign state.” Is that what Bitcoiners …
Despite academics’ wishes, Bitcoin cannot be reduced down to a mysterious jargon-laden tulip mania. This is an opinion editorial by Maximilian Brichta, a doctoral student at the University of Southern California currently working on his dissertation, “Vernacular Economics: On The Participatory Culture And Politics of Bitcoin” It’s hardly a surprise that bitcoin gets maligned as …
The latest version of Bitcoin’s original software client brings improvements on usability, privacy and security. Here’s all you need to know. A new version of the original Bitcoin software launched by Satoshi Nakamoto in 2009 has been released. Bitcoin Core 24.0 was worked on by 112 developers for roughly seven months to bring tangible improvements …
Certain users have received emails detailing their new access to purchase and sell bitcoin on the Fidelity platform. Fidelity, one of the world’s largest financial services providers, has officially started opening retail bitcoin trading accounts. The development comes after their announcement of a wait list previously this month. According to a report by The Block, …
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Introduction Bitcoin-only exchanges are platforms where people can buy or sell bitcoin using fiat currencies or stablecoins. You can refer to our guide on “How To Buy Bitcoin” for further information on joining an exchange. Still, you usually need to sign up with some basic personal data and transfer fiat or cryptocurrency to the platform …
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