JPMorgan CEO Jamie Dimon Tells Congress Crypto Tokens Like Bitcoin Are ‘Decentralized Ponzi Schemes’

JPMorgan Chase CEO Jamie Dimon said in a U.S. congressional hearing that crypto tokens, like bitcoin, are “decentralized Ponzi schemes.” He told lawmakers: “I’m a major skeptic on crypto tokens which you call currency.” JPMorgan CEO Jamie Dimon Calls Crypto Ponzi Schemes Jamie Dimon, the CEO of JPMorgan Chase & Co., shared his view about …

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Uniswap Foundation to Distribute $1.8 Million in Grants to 14 Recipients

The Uniswap Foundation (UF), the group behind the decentralized exchange (dex) Uniswap, announced the first wave of foundation grants on Wednesday as it plans to distribute $1.8 million total, awarded across 14 grants. The UF announcement details that a touch more than $800K will be awarded to Uniswap Diamond, a project being constructed by GFX …

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Funko Partners With Walmart to Drop DC Digital Collectibles and Physical Twin Counterparts

Funko has teamed up with the multinational retail corporation Walmart and the American film and entertainment studio Warner Bros. to bring digital collectibles to the retail space, the pop culture collectibles firm announced on Wednesday. According to Funko, the digital collectible offering is consumer friendly as fans can purchase the non-fungible token (NFT) and physical …

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Bank of Japan Intervenes in Foreign Exchange Markets After Yen Slips to 24-Year Low

While the greenback has been rising higher, the Japanese yen tapped a 24-year low and Japan decided to intervene in foreign exchange markets (forex) for the first time since 1998. Reports say the Bank of Japan conducted the first forex intervention in 24 years, after the Japanese central bank kept its benchmark bank rate suppressed …

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Bitcoin Is The Opportunity For A New Economy In Central America

After years of oppression and nation-state level gaslighting, Bitcoin represents new hope for Central America. This is an opinion editorial by Pierre Corbin, the producer and director of “The Great Reset And The Rise of Bitcoin” documentary. Bitcoin’s properties make it the perfect asset to gain one’s sovereignty. But this is not only true for …

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You Can Believe The Maximalists: Bitcoin Is Separate From Crypto

A recent column by the Financial Times’ Jemima Kelly demonstrated some misunderstandings about Bitcoin’s decentralization and singularity. This is an opinion editorial by Stephan Livera, host of the “Stephan Livera Podcast” and managing director of Swan Bitcoin International. Financial Times Columnist Jemima Kelly published an article titled “Don’t Believe The ‘Maximalists: Bitcoin Can’t Be Separated …

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