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JPMorgan Chase CEO Jamie Dimon dissed Bitcoin (yet again) on the sidelines of the World Economic Forum’s annual summit in Davos, Switzerland. In an interview with CNBC, Dimon said, “Bitcoin itself is a hyped-up fraud, it’s a pet rock,”…
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Genesis Global Holdco LLC’s interim CEO Derar Islim assured creditors like Gemini that the firm’s bankruptcy will proceed “quickly and efficiently.” Writing to investors shortly after Genesis filed for Chapter 11 bankruptcy in the U.S.,…
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The ministers of finance of the countries in the eurozone reaffirmed their support for efforts to prepare for the potential launch of a digital euro. Meanwhile, the single currency area’s monetary authority sought to reassure future…
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Cryptocurrencies have been around for more than a decade, yet they still haven’t become a mainstream payment option. Advocates of cryptocurrency tout its advantages,…
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Koinos is a free-to-use blockchain developed by a group that also helped create the Steem blockchain. The Koinos Group said the Blockchain Founders Fund led the seed…
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JPMorgan CEO Jamie Dimon previously slammed Bitcoin as a “Ponzi scheme”. On Thursday, he told CNBC’s Squawk Box that crypto is a decentralised Ponzi scheme and that…
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Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint the gold-backed currency, however, authorities would need to first regulate crypto…
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The blockchain, what it is and how it works. The problem of identity theft for blockchain-based businesses. How blockchain helps businesses tackle the issue of…
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U.S. Treasury Secretary Janet Yellen on Jan. 10, 2023 in Washington.Kevin Dietsch | Getty Images News | Getty ImagesThe U.S. may be about to hit its debt ceiling.Treasury Secretary Janet Yellen said last week that the U.S. would likely…
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