JP Morgan CEO held secret meetings with Coinbase CEO
JP Morgan CEO held secret meetings with Coinbase CEO
Binance: JP Morgan's Crypto Unlikely To Pose Immediate ...
Jamie Dimon, CEO of JPMorgan Chase, Regrets Calling ...
Goldman Sachs, Please Don't Make The Same Mistake On ...
Bitcoin Millionaire Erik Finman Challenges Jamie Dimon to ...
'Bitcoin Is A Fraud' JP Morgan Sanctioned For Money Laundering
What you need to know for this week
As important news on February 25 at 2:00 PM (UTC) will be the sale of chips Fetch.Al (FET) in Launchpad of Binance. A total of 1,152,997,575 FETs will be offered, each chip will have a value of 0.0867 USD, the prices in BNB will be fixed on the day of the sale, the format will be based on “First come first, served basis”, to participle people must already have verified their account and accepted the conditions to participate in this sale; since the Fetch.AL will not be responsible for any investment, all are under the user's own risk. Users from the following countries will not be able to participate in token sales on the Binance Launchpad platform: Afghanistan,Albania,Belarus,Bosnia & Herzegovina,Burundi,Central African Republic,China,Cote dIvoire,Cuba,Democratic Republic of the Congo, Ethiopia, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Liberia, Libya, Malaysia, Myanmar, North Korea, Republic of Macedonia, Serbia, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Thailand, Trinidad & Tobago, Tunisia, Uganda, Ukraine, United States, Venezuela, Yemen, Zimbabwe. It is important to stand out that the global cryptocurrency platform that provides a place for the trade of more than 100 cryptocurrencies, Binance, has decided to withdraw certain digital assets that do not meet certain parameters; these are CloakCoin (CLOAK), Modum (MOD), SAL (SAL), Substrate (SUB), Wings (wings). The coins and chips will stop trading on February 22 at 10:00 AM UTC any commercial order after the stipulated date will be eliminated. The platform has indicated that this action is due to breach of its parameters. And another one who bet on the cryptocurrency economy; on Thursday, February 14, the banking institution JP Morgan Chase, one of the largest banks in the world, announced the launch of its own cryptocurrency that will be known as the JPM Coin. This project will start its tests with a small number of institutional clients, once the results are satisfactory by the end of this 2019, it will be open to the public. This cryptocurrency will serve to make international payments between clients, it will not be money, it will only serve as a representation of the amount of money that a certain account has in the JP Mongar Chase bank. The head of the project, Umar Farooq, also announced that the cryptocurrency will be in all standard platforms. This action has baffled those who remember the statements of the bank's CEO, Jamie Dimon, who declared a few years ago that he did not understand how people gave value to something that has no value. To close with good numbers, as we know more and more people who dare and trust the Bitcoin economy, according to the figures of Kaspersky Labs, there is a 700% increase in the adoption of Bitcoin in the last 6 years. There are more and more businesses that accept payments in Bitcoin as transactions, and an approximate of 13% of the world population has used Bitcoin as payment method; this survey of Kaspershy Labs was conducted with more than 13,000 consumers from 22 countries where we can see that the countries with the highest inflation are those that have resorted most to this method of commercial exchange. These numbers are encouraging for a market that has struggled to gain the confidence of people, and despite the fall in their prices there are still people who bet because it can be a strong economy in the future, according to Coinmap data indicate that the acceptance increased by 70% in relation to December 2013.
Since 2016, crypto-exchanges in South Korea have been hacked 7 times, with hackers stealing $99 million. Learn more and discover other news of the crypto market in the analytical report of the Golden Island private club.
We present to you a report filed by our analysts for October 8–14. The main market events on October 8–14, 2018
IBM food trust blockchain platform has been launched. Tech giant IBM announced the start of a commercial use of the IBM Food Trust blockchain platform based on the Hyperledger Fabric protocol. The platform will monitor the supply chains in the food industry. The European retail giant Carrefour, which operates 12,000 stores in 33 countries, has already joined the network.
The blockchain research lab at the China Electronics Standardization Institute is developing three blockchain standards for smart contracts, privacy and deposits that could be used in international practice.
Bitfinex denied rumors of insolvency and published links to cold wallets, which hold nearly $1 billion in bitcoins, $400 million on the ether and $200 million in EOS.
Binance will now spend all listing fees on charity. The amount of donations is up to the project.
Since 2016, crypto-exchanges in South Korea have been hacked 7 times, with hackers stealing $99 million. From 2015 to 2018, personal crypto wallets were hacked 158 times, but only in six cases hackers were caught, according to South Korean police.
For the first time, the Swiss Financial Market Supervisory Authority issued a license for managing crypto assets, which effectively grants the company the status of a traditional bank. The license was issued to Crypto Finance Group.
By the end of this year, the European Securities and Markets Authority will prepare a report stating its position on the regulation of token sales. At the same time, the ICO activity dropped by 90%, according to Autonomous Research report. This September, token sales raised $300 million, and this January — $2.4 billion.
In the next 5 years, the Central Bank of Azerbaijan, together with IBM, will introduce the blockchain into the wired payment system of the country and create a digital identification system.
Roger Ver said he was looking for a partner to launch his own crypto-exchange. He may also purchase a ready-made platform. Bitcoin Cash will be the main currency on the new exchange.
Google believes that the main critics of Bitcoin — Warren Buffett, Jamie Dimon and Roger Ver — are the CEOs of Bitcoin. If you google “bitcoin ceo”, a search engine will show Bitcoin’s so-called CEOs — head of JPMorgan Chase Jamie Dimon, head of Berkshire Hathaway Warren Buffet and one of the main evangelists of Bitcoin Cash and Bitcoin.Com CEO Roger Vera.
The People’s Bank of China believes that the stablecoins tied to the US dollar have a bad effect on the currencies of other countries. The bank urges to issue stablecoins tied to the yuan :-D
MasterCard files a patent for a blockchain system designed to store different currencies on the same platform by generating blocks for an exclusive network. This network stores different types of data in different blocks.
The US government imposed additional sanctions on Venezuela because of its national cryptocurrency. The developers of El Petro consider this free advertising.
Coinbase aims to enter the Japanese market next year. The company is already negotiating the license matters with the Japan Financial Services Agency.
In November, South Korea might lift the ban on ICO. This will be discussed at a meeting of the country’s regulators, where they will review the results of the September ICO study and pass a decision.
The first ever phone call through the blockchain was made from the Pundi X startup device called XPhone. The phone runs on Android and allows the user to exchange calls, messages and files.
The Singapore-based BK Global Consortium, which provides services in the field of surgery, bought 38% of the Bithumb stock exchange for 400 billion won ($350 million), making it the largest shareholder of the stock exchange.
Starting from 2019, the UAE companies will be able to officially launch ICO to raise capital. The Securities and Commodity Board will now treat crowdsales as the issue of securities.
The international payment systems (MPS) will take more stringent measures against cryptocurrencies: MasterCard will ban them starting on Monday, Visa — in December.
The new Minister of Science and Technology of Japan promotes active introduction of blockchain technologies.
As part of the emCash cryptocurrency launch campaign in Dubai, the payment startup Pundi X has made an agreement with emCredit — the credit department of the Dubai Ministry of Economic Development. This was shared in the company’s blog.
Market analytics from experts of the club for October 8–14, 2018
The last week was controversial. On the one hand, everything went according to plan: the price of BTC was growing very slowly, the altcoins skyrocketed, on the other hand, it was clear to everybody this could not last for a long time. In the middle of the week, the expectations became reality — BTC lost about $300 in price within an hour. This time, the total cap failed to observe the periodicity — it dropped by $17 billion on Thursday and remained at this level until the end of the week. Thus, $219 billion on Monday turned into $202 billion by the end of the week. Trading volumes were not particularly surprising: $12 billion on Monday, $16 billion on Thursday and $9 billion on Sunday. BTC dominated the market at 52–53% and up to 57% in the days of decline, followed by a reversal. The price for 1 BTC, as already mentioned, fell from $6,600 to $6,270 in the middle of the week, and recovered a bit to $6,330 at the end of the week ($6332 at the time of the report). There were no critical news, no far-fetched correlations with stock markets, and no fundamental reasons for such a decline. Most traders were happy with the current situation — the “pumps” of coins occurred every day. Top 10 coins showed complete correlation with the BTC price. In addition, intra-team and intra-project relations in the crypto-societies have strained, which was followed by a number of break-ups and heated public debates. There is a high chance that tycoons and market makers are trying to impose a thought that cryptocurrencies have no future. The advice is simple — to keep and purchase more strong coins, get rid of the weak ones and keep calm. The big gains are right round the corner!
Changes in the cost and capitalization of the TOP-10 cryptocurrencies in the period of October 8–14, 2018
TOP-3 growing coins from the long-term portfolio for October 8–14, 2018 (including portfolio updates) The fastest-growing coins during the last week are WaBi coins + 42% (a number of articles and ensuing pumps), IOTEX IOTX + 35% (partnerships), QuarkChain QRC + 20% (meetups and events in social networks)
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An exhaustive email explaining NYC "roadmap" to the 'hype and scam' crowd. PLEASE READ. (31 points, 59 comments)
1,000,000 NYC BOUNTIES for every new retail/storefront business YOU get to accept NewYorkCoin in New York City. Business owner downloads Coinomi Wallet (beta) from link at newyorkcoin.net and prints their QR code for customers to pay! Business owner receives 1,000,000 NYC too! (27 points, 11 comments)
Gila's Nosh | 23rd Street NOW ACCEPTS NYC! (24 points, 7 comments)
LEASE NEGOTIATIONS IN PROCESS FOR AN AMAZING GALLERY SPACE IN LOWER EAST SIDE, MANHATTAN! THE NEW YORK COIN CENTER WILL BE OPENING SOON IN MANHATTAN. (24 points, 18 comments)
Only way NYC will go big is if we as a community come together and make it big. It’s not magic, we are investors and it is our duty to help this coin grow so developers have enough resources to further the project. (18 points, 9 comments)
More exchanges is the solution (14 points, 6 comments)
Dallas Mavericks announced they will accept Cryptocurrency next season.. (13 points, 3 comments)
NYC (24hr) trading volume passing $1m!!! Coinmarketcap is fixing bug that is stopping updating of volume. All markets offline at coinmarketcap. NYC TRADING VOLUME IS EXPLODING!!! (10 points, 4 comments)
1,000,000 NYC BOUNTIES for every new retail/storefront business YOU get to accept NewYorkCoin in New York City. Business owner downloads Coinomi Wallet (beta) from link at newyorkcoin.net and prints their QR code for customers to pay! Business owner receives 1,000,000 NYC too! by hivewalletvictim (27 points, 11 comments)
Who is applying and sending in the info the exchanges require to get added ? Ill do it and pay the fees they require if someone will give me permission and materials I request. I’ll pay the fees as well they range $5000 to 20,000. Exchanges want money it’s that simple. by earthfunds (26 points, 10 comments)
Funny enough, JP Morgan’s in-house Bitcoin cynic and CEO, Jamie Dimon, noted that his firm’s cryptocurrency could eventually see use in retail outlets. Bank Crypto Not A Threat To XRP? While this project may have an innocuous premise, many crypto commentators quickly took to Twitter to remark that Ripple’s services and the XRP Ledger’s function could come under fire. Brian Armstrong and Jamie Dimon used to meet at JP Morgan’s headquarters in 2018, according to an author of a book on Coinbase. By Greg Thomson. 3 min read. May 22, 2020 May 22, 2020. JPMorgan is a large bank. Image: Bjorn Bakstad / Shutterstock.com. In brief: An author claims Jamie Dimon hosted meetings with Coinbase CEO Brian Armstrong as early as 2018. That's despite the JP Morgan CEO's ... Because of Dimon’s derogatory remarks against bitcoin, the 18-year old entrepreneur has been asking Jamie Dimon to join him in a boxing match to raise money for the natural disaster victims in Puerto Rico. Finman chatted with news.Bitcoin.com about his beef with Dimon, and he tells us it’s pretty ironic a Wall Street type who is accused of so many financial crimes is calling bitcoin a ... Don’t take our words for it, listen to Jamie Dimon. He, much Goldman, compared Bitcoin to the infamous tulip mania, only to regret making these claims later on. “We also believe that while hedge funds may find trading cryptocurrencies appealing, because of their high volatility, that allure does not constitute a viable investment rationale.” – continues the document. You might remember the remarks of JPMorgan Chase CEO Jamie Dimon from last year, where he had called Bitcoin a “fraud.” Well, in a recent with FOX Business, Dimon expressed his regret in using those words but added that he still does not want to do anything with the cryptocurrency. Two months ago, CEO of JP Morgan, US banking and financial services company headquartered in New York City, Jamie Dimon angrily lashed out at Bitcoin and labelled it a fraud and a money-laundering tool. Let’s jog our memory for a minute. Dimon said in September, “It's just not a real thing, eventually it will be closed. I'm not saying ‘go short bitcoin and sell $100,000 of bitcoin before ...
Jamie Dimon Loves Bitcoin - ETH Moving Up, ETC, Token Exchanges, Preparing For A BTC Run - Ep120
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