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Jamie Dimon, the CEO of JP Morgan Chase, has reiterated his strong disapproval of cryptocurrencies. In a recent Senate Banking Committee hearing, he declared that if he had the authority of the…
HSBC Holdings Plc is set to unveil a new service for digital asset custody targeted at its institutional clientele. This initiative, slated for a 2024 launch, is a collaboration with Metaco, a…
A notable development unfolded yesterday, signaling a strong possibility for the approval of a spot Bitcoin exchange-traded fund (ETF) by January 2024. Bloomberg analysts Eric Balchunas and James Seyffart are optimistic about…
Financial transaction network Swift and blockchain oracle network Chainlink recently joined forces in a promising experiment. According to their press statement, the collaboration has the “potential to remove substantial barriers that have…
In a recent interview, Jeremy Allaire, CEO of Circle, claimed that the United States could cultivate a “highly competitive” crypto market if it accepts and integrates the industry. However, ambiguous regulatory standards…
Another Blow to Poly Network In August 2021, the decentralized financial platform, Poly Network, suffered a massive cyber attack. A programming flaw was exploited, leading to the theft of over $600 million…
Polygon, a layer-2 scaling protocol for Ethereum, has launched its zero-knowledge decentralized identity solution, Polygon ID, to the public. The service uses zero-knowledge proofs to enable users to verify their identity online…
Indian content aggregator and distributor Shemaroo Entertainment has teamed up with Polygon Labs to launch Virtasy.io, a non-fungible token (NFT) marketplace enabled by Seracle’s Web3.0 infrastructure. The platform aims to provide a…
Revolut, the digital bank valued at $33 billion, is giving its customers the opportunity to earn cryptocurrency rewards by “staking” their coins. This new feature will be available to customers in Britain…
Visa, a global credit card giant, is planning to integrate blockchain-powered solutions into its services to enhance the future of payments. Visa’s executive, Alfred F. Kelly, believes that stablecoins and CBDCs could…
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