Crypto-convert JPMorgan is looking to hire skilled Ethereum developers to fill up at least 64 open positions. According to a job posting on recruitment site Glassdoor, the US banking giant wants to hire blockchain developers that are skilled in Ethereum, Corda, and Hyperledger development. JPMorgan has been taking steps to
According to data shared by analytics firm Santiment, the number of ETH whales has continued to grow since January this year. For some context, Ethereum whales are owners with more than 10,000 ETH in their wallets. The data from Santiment reveals that whales were actively buying the dip as
Famous digital wallet Venmo is the latest to jump on the Bitcoin craze. According to a press release, the digital wallet company with over 60 million active customers will now enable users to buy and sell cryptocurrencies on its app. This is part of its larger vision to venture into
Leading financial service company First Foundation today, April 20, 2021, announced via a press release that it has entered a strategic partnership with famous Bitcoin firm NYDIG. Albeit based on undisclosed terms, the partnership according to the press release will enable First Foundation and NYDIG to join forces in providing
WeWork, an American real estate company providing shared workspaces for startups, has announced that it will start accepting cryptocurrency payments from its customers. The co-working giant revealed in an official post that it was expanding its payment flexibility to include digital assets for both inbound and outbound transactions. For a
With various central banks clamping down on crypto trading and introducing self-titled digital currencies, experts have questioned the effect this will have on Bitcoin and altcoins in general. In a statement released, leading investment bank Morgan Stanley firmly believes that the central bank digital currencies (CBDC) are not in any
Opinions
Blockchain has infinite applications. On one end is the explosion of cryptocurrencies and solutions that revamps finance. On the other is the use of blockchain in tokenization and quality control. Through the blockchain, physical assets can be digitized and tracked in a transparent public blockchain. Consumers Need a Tracing Solution
News
South Korean authorities have formed a dedicated crypto investigation team to tackle illegal operations involving cryptocurrencies. The new team cuts across several financial authorities. The interagency team was formed in response to growing concerns over potentially illegal activities and Ponzi schemes amid the ongoing crypto frenzy. Koo Yun-Cheol, head of
Li Bo, one of the deputy governors of the People’s Bank of China (PBoC), said over the weekend that Bitcoin and other stablecoins could be considered as ‘alternative investments.’ According to him, the classification will remain valid until there is proper legal clarity. Breaking: Li Bo, deputy governor of
China's central bank or the POBC (People's Bank of China) this week described Bitcoin as an “investment alternative”, a slight change in tone after the apex bank cracked down on crypto trading 4 years ago. Experts have called this recent description a progressive one, claiming that
Back in March, a French economist and Deutsche Bank analyst Marion Laboure published a report stating that Bitcoin is now “too important to ignore.” The analyst was one of Bitcoin’s early critics. The same can be said of Goldman Sachs, an American banking giant that ridiculed Bitcoin for several
Analysis
As Bitcoin's rally pushes ahead, even its harshest detractors have been forced to mute their criticisms. Blockchain is the next frontier for financial applications, and with Bitcoin's market capitalization rivaling the GDP of some small countries, the world of finance is definitely in for some decentralization.
While Bitcoin prices crashed to around $52,000 over the weekend, network fees and the number of unconfirmed transactions have spiked to high levels. Following Bitcoin’s plunge to a low of $52,144, many thought it wise to exit the market. The result was a traffic jam on the
Coinbase CEO Brian Armstrong and several other early investors have cashed out big from the recent COIN listing on Nasdaq. The CEO and other insiders dumped COIN shares worth roughly $5 billion shortly after the stock was listed. The stock had a fairly good performance after its direct listing on
News
Over the weekend, Bitcoin lost over $7,000 in a matter of minutes, pulling most of the top cryptocurrencies with it. Recall that the leading cryptocurrency reclaimed the $60k mark and set a new all-time high just a few days ago. But while many analysts were predicting new highs, things
Press Releases
With the massive bull market, the crypto market is slowly growing in terms of adoption. Everyday, small chunks of people around the globe are familiarized with the crypto space after which their excitement pushes them to enter the space through exchanges. This has led to increase in affiliate programs and