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JPMorgan CEO Jamie Dimon Called Bitcoin A Ponzi Scheme
Jamie Dimon, JPMorgan CEO, said cryptocurrencies are dangerous “Ponzi schemes” that put billions of dollars at risk every year. The JPMorgan CEO told the House...
by cryptowizard 1 year ago1 year ago

Jamie Dimon, JPMorgan CEO, said cryptocurrencies are dangerous “Ponzi schemes” that put billions of dollars at risk every year. The JPMorgan CEO told the House Financial Services Committee on Wednesday, that he is a major skeptic of crypto tokens and digital such as bitcoin. Dimon added that crypto currencies are decentralized “Ponzi schemes” and “the...
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Alameda Research Glad to Return $200M loan to Voyager Digital
Alameda Research will return an estimate of $200 million by end of September to Voyager Digital, which is proceeding through bankruptcy. A cryptocurrency loan was...
by cryptowizard 1 year ago1 year ago
10.1k75

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The Abu Dhabi Regulators Introduce Its Crypto ‘Guiding Principles’
The FSRA pledges to comply with international safety standards while taking a pro-market stance. The financial regulator of Abu Dhabi Global Market free economic zone...
by cryptowizard 1 year ago1 year ago
7.2k88

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On September 6th, Ethereum Will Begin Its Long-awaited Transition to Proof-of-stake
The Ethereum Foundation has announced that the starting date for the system-wide transition known as the Merge will fall on September 6th. Activation of the...
by cryptowizard 1 year ago1 year ago
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GoTo, Indonesia’s largest tech firm buys local crypto exchange
As a result of its acquisition of PT Kripto Maksima Koin, the tech giant seeks to become “a diverse money management hub.” An Indonesian tech...
by cryptowizard 1 year ago1 year ago
7.9k83

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Launch of DeFi Mobile App by Indian Exchange CoinDCX Signals Shift Toward Web3
Neeraj Khandelwal, co-founder of CoinDCX, told CoinDesk that Okto, a decentralized finance (DeFi) app, will ease crypto consumers’ transition to DeFi. “For crypto to succeed...
by cryptowizard 1 year ago1 year ago
9.8k65

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Cryptocurrency Exchange to be Launched by Samsung Securities
As the news report indicates, Samsung plans to launch its own cryptocurrency exchange despite the beginning of crypto winter. One of the seven companies applying...
by cryptowizard 1 year ago1 year ago
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The founder of a Animoca crypto powerhouse plans to take down the dominance of Meta and Microsoft in the online world
Critics of big tech have long complained about the industry having too much power, and the cofounder of a major crypto company just joined the...
by Cryptomaniac 1 year ago1 year ago
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Voyager Digital was Said to Have Deep Ties with SBF-owned Alameda Research
Financial documents of Voyager revealed that they lent nearly $1.6 billion in crypto loans to an entity registered in the British Virgin Islands, the same...
by Cryptomaniac 1 year ago1 year ago
8.2k64

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High Taxation in Japan is Driving Crypto Entrepreneurs Away
According to Sota Watanabe, the CEO of Web3 infrastructure company Stake Technologies Pte. , Japan should minimize corporate taxes on crypto businesses, so as to...
by CryptoKnight 1 year ago1 year ago
13.1k88

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Harmony Proposes to Reimburse Hack-Affected Users by Minting Billions of ONE Tokens
In order to reimburse the victims of the Horizon bridge hack that saw around USD 100m of user funds stolen, Layer-1 blockchain Harmony has proposed...
by CryptoKnight 1 year ago1 year ago
11k89

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Crypto platform Zipmex Files for Up to Six Months Bankruptcy Protection in Singapore
The Southeast Asia-focused cryptocurrency exchange Zipmex has filed for bankruptcy protection in Singapore, becoming the latest victim of the global downturn in digital currencies. After...
by CryptoKnight 1 year ago1 year ago