JPMorgan CEO Jamie Dimon previously slammed Bitcoin as a “Ponzi scheme”. On Thursday, he told CNBC’s Squawk Box that crypto is a decentralised Ponzi scheme and that Bitcoin is just “hyped-up fraud.” Dimon says people have lost billions of dollars and believes regulators should have put a stop to crypto “a long time ago.” Not […]

In an interview, Jamie Dimon, CEO of JP Morgan, recently blasted bitcoin (BTC) as a modern-day hoax while praising blockchain technology.

Decentralized crypto exchange 1inch announced that it is launching a multi-coin hardware wallet. The project is in its final stages of development and is expected to launch later this year. The wallet is being developed by an independent and dedicated team within the company, with the funds acquired from the 1inch Foundation. The overview The […]

A member of the Ethereum Name Service (ENS) DAO has suggested in a governance proposal that the organization liquidates 10,000 ether.

There are changes in technology and cross-border payment systems As adoption grows, cryptocurrency and DeFi transactions are proving triumphant We list the three key trends of cross-border payments in 2023 Soon, international money transfers will work just like any other fintech product, including internet banking or embedded finances. Needs relating to the efficacy of the […]

The media house has retained the services of the Lazard Group as financial consultants. Digital Currency Group (DCG) has been afflicted by the FTX collapse’s contagion. Another media outlet, CoinDesk, has run into problems only hours after it was reported that DCG’s cryptocurrency trading arm, Genesis, intends to file for bankruptcy. DCG’s own media outlet […]

Whale Alert has reported a massive transfer of funds from cryptocurrency trading firm Alameda Research to an unknown wallet. The transfer, which occurred on January 18th, involved a staggering 5,002,584 FTT, equivalent to approximately $9 million. The news of the transfer has sent waves throughout the crypto community, as Alameda Research has been at the center of […]

FTX CEO John Ray III is investigating the possibility of relaunching the now-defunct cryptocurrency exchange, The Wall Street Journal reported Jan. 19.  The CEO told the Journal that he had created a task force to investigate relaunching FTX.com, the company’s primary international exchange. He said: “Everything is on the table. If there is a path […]

The 1inch Foundation has funded the last phases of development of the crypto wallet. The wallet is capable of generating numerous seed phrases. One of the most well-known DEX aggregators, 1inch Network, has now released its own multi-coin hardware wallet, further diversifying its ecosystem. The 1inch Foundation has funded the last phases of development of […]

Busan, South Korea, announced that by the year’s second half, it would launch the world’s first decentralized digital commodity exchange.