The blockchain arena is getting a big boost from financial giant JPMorgan, which recently completed its first cross-border transaction using the technology that’s become so prominent in the crypto space. JPMorgan Is Giving Defi a Real Boost The transaction occurred in the decentralized finance (defi) arena, thus bringing one of the world’s largest monetary institutions to the world of autonomous banking. The move is being hailed as a real clincher for digital currency,...
Read More »CEO of Silvergate Bank Faces Class Action Lawsuit Over Dealing with FTX and Alameda
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Read More »Blocknative Completes $15 Million Series A-1 Funding for Block Building on Ethereum
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Read More »Web3 Is Attracting Some Major Talent from Web2
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Read More »Roblox (RBLX) Shares Slide 15% Following Weak November Update
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Read More »QCP Capital Has at Least $97M Frozen at Defunct Exchange FTX
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Read More »Bitcoin Cash Analysis: Bears In Action, Can They Clear The $100 Support?
Bitcoin cash price started a fresh decline from the $118 zone against the US Dollar. The price is now trading below the $110 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $109 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $106 and $105 support levels. Bitcoin cash price is declining from the $118 zone against the US Dollar,...
Read More »Fidelity Offers Commission-Free Crypto Trades with a Catch
Fidelity Investments is getting ready to offer both bitcoin and Ethereum trading to retail investors. The good news is that all trades will be commission free, though anybody seeking to engage in digital currency trading is likely to still pay a one percent fee on all the money they exchange. Fidelity Isn’t Being Entirely Forthcoming About Its Fees The 401K giant announced that roughly one percent fees will be attached to all transactions. Javier Paz – director of data...
Read More »Seniors Are Falling Victim to Crypto Scams
It appears many digital currency fraudsters and malicious actors are targeting senior citizens, and many organizations out there are trying hard to show seniors how they can prevent themselves from falling victim to such traps. Seniors Don’t Always Get Crypto It’s believed many seniors out there are not tech or computer savvy; that they aren’t familiar with how crypto and distributed ledger systems work and thus they can be taken advantage of. Enterprises like Elder...
Read More »Crypto Billionaires Think Elon Musk Will Do Well with Twitter
Crypto billionaires are all very pleased with Elon Musk as of late, and they’re very excited that the South African entrepreneur is taking over Twitter. Crypto Billionaires Are Happy with Elon Musk Musk has been turned into something of a villain by democrats and Hollywood celebrities who all claim he’s going to turn the social media platform into a haven for hate speech. By contrast, money hounds in the crypto space have a lot of hope that Musk is going to bring Twitter...
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