You made it. Hopefully by now you’re on some form of transport belting you as far away from work as ... Read More The post Kick Back: The 10 biggest stories you might have missed on Stockhead this week appeared first on Stockhead.
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The Strategic Hub for Innovation and Financial Technology (Finhub) at the United States Securities and Exchange Commission (SEC) will host a series of local peer-to-peer (p2p) meetups across the country. As previously reported Finhub was created in fall 2018 with the aim of facilitating the SEC’s engagement
When the world collapses and society splinters into factions fighting for the scraps you’ll want to keep your friends close and your crypto closer. Whatever the cause of the fallout economic disaster is certain. Fiat currency will be the first to falter leaving gold bitcoin and barter as the only surviving means of exchange. Here’s …
The top ten cryptocurrencies diverged on Thursday with EOS and Litecoin leading a narrow contingency of gainers against Ethereum and XRP which traded in the opposite direction. Cryptoassets are on track for their best month since July rekindling optimism that the worst of the bear market had passed. Crypto Market Update The cryptocurrency market consolidated […]
Wall Street and global stocks traded higher on Monday after President Trump and Xinhua news agency struck an optimistic tone on U.S.-China trade negotiations. XRP led digital assets higher in afternoon trading after Coinbase finally confirmed it will support the so-called banker’s cryptocurrency. Stocks Extend Rally All of Wall Street’s major indexes traded higher on […]
The bear market in cryptocurrency has lasted more than a year now. Enduring onto assets as they collapse is a challenging thing to achieve.
MyEtherWallet—or MEW for short—has added fiat withdrawals to its long list of features. Users of the popular Ethereum web wallet can now seamlessly convert their crypto holdings to Euros or Swiss Francs then deposit those funds directly to their bank account. What’s more the feature will not require users to submit identification as part of …
As a crypto-community we’re all guilty of trying to predict the next bitcoin bull-run. Just wait until the bitcoin ETF is approved! It’ll explode when Wall Street embraces crypto. Bitcoin will soar when pension funds start buying bitcoin. JP Morgan’s new cryptocurrency will send prices higher! (Just
The loss of about $190 million of investor money resulting from the death of the founder of crypto-currency exchange Quadriga CX demonstrates the regulatory gaps and necessity for better oversight say lawyers active in the area of blockchain technology.
JP Morgan moves forward with bold cryptocurrency initiative Horace C. White Modern Tokyo Times The cryptocurrency industry gets a boost as JP Morgan joins the fray Last Thursday US banking giant JP Morgan Chase announced that it would launch its cryptocurrency JPM Coin. By this announcement the investment and financial institution will become the first major US bank to do so. According to CNBC JPM Coin will be a stablecoin that is pegged to the US dollar by the ratio of 1:1. The banking giant disclosed that the virtual coin will launch in the coming months without giving a precise date. When JPM Coin goes into circulation a small fraction of $6 trillion will be lent to accredited institutions with relevant regulatory approval reports say. Functions of JPM Coin JP Morgan Chase which rakes in over $100 billion in annual revenue gave more insight into the functions of the stablecoin. The Head of Blockchain Projects at JP Morgan Omar Farooq eulogized distributed ledger technology (DLT) adding that it has endless potentials. Explaining further Farooq gave shed light on the importance of JPM Coin. The JP Morgan official pointed out that the stablecoin will be used for real-time cross-border settlements which will bring to end years of dominance of slow SWIFT network. Moreover JPM Coin will serve as securities. In addition to those the Bank says that experimenting with its native coin will help it understand how it can better improve the as-is convoluted wire transfers. Implementation Strategy Farooq told Cointelegraph that the multinational lender will kick off the trial of JPM Coin with primary focus on aiding international corporations settle financial transactions. He noted that it will also help the Bank to replace the SWIFT network which it has used for over a decade. He disclosed that the Bank will then go ahead to test how best JPM Coin can be used for treasury and security purposes if the first stage becomes successful. According to Farooq the amount that it intends to release to accredited institutions will just be a small fraction of the minted sum. JP Morgan’s position on Cryptocurrency In September 2017 the biggest US bank openly criticized cryptocurrency with CEO Jamie Dimon calling it a “fraud” and “scam.” Bloomberg reported that the chief executive went into a tirade of virtual currency at an investor meeting adding that “cryptocurrency was worse than tulip bulbs.” CEO Dimon threatened to boot out any JP Morgan staffer caught trading Bitcoin the most preeminent cryptocurrency. In his criticisms he added that those trading cryptocurrency are just “stupid.” To many crypto-asset investors around the world the planned launch of JPM Coin comes as a surprise given that the Bank CEO uses every opportunity he gets to blast cryptocurrency and its traders. Cryptocurrency and DLT Cryptocurrency has dominated the headlines for years since it launched in October 2008. Blockchain technology which is also known as DLT is the framework upon which cryptocurrency is developed. Cryptocurrency proponents say that it has all the key features to replace the widely accepted fiat currency thus laying emphasis on its decentralized functionality. Beyond decentralization they also say that cryptocurrency is tamperproof and trustless making it far better than government-issued currencies. PLEASE DONATE TO HELP MODERN TOKYO TIMES Modern Tokyo News is part of the Modern Tokyo Times group DONATIONS to SUPPORT MODERN TOKYO TIMES – please pay PayPal and DONATE to [email protected] http://moderntokyotimes.com Modern Tokyo Times – International News and Japan News http://sawakoart.com – Sawako Utsumi personal website and Modern Tokyo Times artist https://moderntokyonews.com Modern Tokyo News – Tokyo News and International News PLEASE JOIN ON TWITTER https://twitter.com/MTT_News Modern Tokyo Times PLEASE JOIN ON FACEBOOK https://www.facebook.com/moderntokyotimes
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The Dark Comet RAT hides at the end of a phishing attack that tells users to turn off security software and ignore any warnings
Switzerland is an international bitcoin and blockchain mecca known for its crypto culture and concentration of crypto businesses. Now it is the new home to 21 Lectures a school for bitcoin developers founded by Lucas Betschart. The school is registered in Zug but courses are taught in the capital Zurich. 21 Lectures (named for the …