JPMorgan reportedly allowed its wealth management clients to get involved with half a dozen cryptocurrency funds over the past month. One of them – a new bitcoin fund created by the digital asset company NYDIG – is only available for private bank customers. New Crypto Offerings from JPMorgan According to a CNBC report, the American multinational investment bank – JPMorgan Chase & Co. – has provided its top customers with digital asset exposure to six cryptocurrency funds...
Read More »EQIFI Launches Suite of DeFi Products Powered by a Global, Licensed Bank
[PRESS RELEASE – British Virgin Islands, Aug. 6, 2021] Powered by EQIBank, Eqifi’s highly anticipated launch provides a single uniform platform for decentralized finance products. Eqifi, a decentralized protocol for pooled lending, borrowing and investing Ethereum-based cryptocurrencies, stablecoins and select fiat currencies, launched its decentralized finance platform today, including newly introduced fixed- and variable-rate lending products, as well as an advanced yield...
Read More »Wie du mit dem neuen MoneyHero Token hohe Zinsen abstaubst und kostenlos finanzielle Bildung bekommst
Nicht im Klassenraum. Nicht im Hörsaal. Nicht am Essenstisch. Nirgendwo lernst du finanzielle Bildung … dafür wird dir Romeo und Julia eingetrichtert, die Anatomie eines Nachtschattengewächses oder die Kathedralen der Romanik als wärest du ein Müllschlucker. Schweizer Haushalte haben in Westeuropa die größten Schulden. 285’000 Kinder sind von Armut bedroht. Und die Altersarmut steigt wie ein Drache im Herbstwind. Finanzielle Bildung kann das ändern – jeder kann sofort mehr...
Read More »Coinbase to Acquire the Cryptocurrency Start-up Zabo
Zabo announced that it would join the digital asset platform Coinbase. However, the statement did not specify the terms of the deal, and the amount paid remains unrevealed. Coinbase’s New Acquisition According to a blog post, Zabo – a Dallas-based cryptocurrency data aggregator – will become part of the Nasdaq-listed exchange Coinbase. The Co-Founders of the start-up Christopher Brown and Alex Treece, commented: “We are very excited to join Coinbase, which has done more than...
Read More »How the New Infrastructure Bill Could Wind Up Hurting BTC
Not too long ago, bitcoin endured something of a comeback, hitting the $40,000 mark for the first time in well over a month. While the price didn’t last, the currency is still in the high $30,000 range, which is considered a step forward in the right direction given how poor bitcoin was doing before, but with the new infrastructure bill making its way into the United States, many analysts and traders are worried that things could potentially begin to fall again, as the...
Read More »BTC Mining Firm Clean Spark Is Growing Like Crazy
Clean Spark Inc. – a bitcoin mining services and software company – has announced several new updates regarding its processes and operations, as well as general changes to the mining sector. Clean Spark Is Heading for the Top The company’s mining division – known as Clean Blok – boasts more than 7,500 machines at the time of writing. The hash rate capacity with the company stands at more than 740 PH/s, while approximately six bitcoin units are extracted each day. Clean...
Read More »Philipp Plein to Accept Cryptocurrency Payments: CEO Is a HODLer
Customers of the German fashion company Philipp Plein International AG will get the chance to buy products in digital assets instead of fiat money. The supported virtual currencies will be 15 and will include the leading ones – Bitcoin and Ethereum. ‘Cryptocurrencies Are The Future’ In a recent Instagram post, the fashion group Philipp Plein announced that it would start accepting payments in cryptocurrencies. The company’s clients can now pay for clothes, shoes, and other...
Read More »Wallbitex: A Secure Exchange for Instantly Buying Cryptocurrencies
Cryptocurrencies have become widespread among users, and now you can buy bitcoin or altcoins in many different ways: using exchanges, exchangers, using sellers or even vouchers. Each of these methods has advantages and disadvantages. To choose the appropriate method, you need to answer the question: for what purpose do you want to buy cryptocurrency? If you are a beginner and are going to store coins safely in your wallet, then you do not need to open an account on...
Read More »US Judge Grants Ripple Access to Binance Documents in its Battle Against The SEC
Just a few days after filing a motion to receive access to “obtain international discovery” of records belonging to Binance, US Magistrate Judge Sarah Netburn has approved Ripple’s request. The documents should shed some light on the company’s XRP sales made on the exchange. Through its legal team, Brad Garlinghouse, the CEO of Ripple, filed a motion in the Southern District of New York on Monday (August 2nd) to request documents relevant to the ongoing legal case against the...
Read More »Bank of America: There Are Benefits to El Salvador Accepting BTC
As previously reported, El Salvador has become the first country in history to declare bitcoin legal tender. Several financial institutions – such as the World Bank – are not too happy about the situation, but while others like Bank of America admit that there is quite a bit of risk in making bitcoin legitimate money, there are also some potential benefits that may be getting ignored. Bank of America: El Salvador May Be on a Solid Track In a recent report, Bank of...
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