JP Morgan could damage Ripple’s intention to become the new company that processes international financial transactions between companies and banks. JP Morgan Chase will be issuing its own digital asset called JPM Coin. According to the bank, the intention is to settle transactions for customers without having to wait long periods of time and reducing […]
Category: STO News
Poloniex Lists GRIN Token, Vows To Share Transaction Fees For One Year To ‘Grin General Fund’
Poloniex lists Grin on its exchange, in a bid to support the Grin project. This listing promises creation of a general fund for Grin and subsidizing all Grin transaction fees for a year. Poloniex promises to give 50% of all Grin transaction fees for the next month, and 25% for the following 11 months. Its […]
JP Morgan Releases the First Ever Bank-Backed Cryptocurrency
Engineers at JP Morgan have unveiled their latest creation: the “JPM Coin.” The coin will be used to instantly settle transactions between clients on the JP Morgan Chase payment network. JPM Coin is the first bank-backed coin ever released. You may know JP Morgan Chase as the company whose head, Jamie Dimon, previously mocked Bitcoin […]
Coinbase Finally Releases Bitcoin SV (BSV) to Traders 3 Months After Bitcoin Cash Hard Fork
The popular cryptocurrency exchange Coinbase has finally released the long-awaited drop of Bitcoin SV (BSV) to traders that were holding Bitcoin Cash (BCH) at the time of the hard fork on November 20th, 2018. Coinbase users can now withdraw their $BSV coins (if they held $BCH at the time of the last hard fork) to […]
Crypto Analyst ‘The Cryptomist’ Predicts Bearish Outlook For Ethereum And Litecoin
Recent Gains Not Indicative Of Future Growth, Most Analysts Agree On Bearish Run The stock market is known for its capricious nature. Following a rally from last week, most crypto assets saw a surge in its prices. Bitcoin, Etherum, and Litecoin all saw prices surge up in double digits during this period. While this has […]
Hold Security Firm Says Crypto Hackers Are Resorting To Using Faked Face Images To Steal Funds
Hackers Implement New Techniques To Steal Cryptocurrency Funds As cryptocurrencies expanded all over the world hackers and stealers have been trying to steal users’ funds in different platforms and implementing a wide range of innovative methods. Now, Doctored photos can be used by hackers to gain access to people’s virtual currency accounts. The information was […]
Is JPMorgan Chase Bank’s JPM Coin a Friend or Foe to the Cryptocurrency Industry?
Bitcoin started in 2009, and they have long held their reign as the top cryptocurrency by market cap. Without Bitcoin, the cryptocurrency movement would still be an idea, and blockchain technology would not be what it is today. Though many altcoins have tried to compete, all have failed, and Bitcoin has been the biggest indicator […]
KT Corporation, South Korea’s Top Telecom Firm, Chosen To Create Local Crypto Asset “K Token”
KT Corporation, Leading Telecom Company In South Korea, Chosen To Create Local Crypto Asset To Be Called “K Token” Cryptocurrency is often introduced in a few different ways in today’s ecosystem – through a platform that originates in crypto, through a bank-issued asset, and even through the government. Most recently, South Korea made the decision […]
New Support For Thai Baht-Crypto Trading Opens On OKEx C2C Platform
New Support For Thai Baht-Crypto Trading Launched On OKEx’s C2C Platform OKEx is presently one of the top five cryptocurrency exchanges, offering a client-to-client (C2C) trading platform. The company has continually added support for fiat currencies to trade against major crypto assets on the platform, and the Thai baht has just been added to their […]
Prominent Crypto Lawyer Says Ripple’s Security Case Against XRP Could Take Much More Legal Time
Security Case Against Ripple Might Take Quite A While The much anticipated judgment being expected by the entire cryptocurrency community is the judgment about whether or not Ripple (XRP) should be regarded as a security. However, recent events make it seem that the case might not be concluded anytime soon. According to Jake Chervinsky, a […]