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JP Morgan Chase Approves Major Crypto Exchange Clients Coinbase and Gemini

JP Morgan Chase Approves Major Crypto Exchange Clients Coinbase and Gemini

JPMorgan Chase, the largest bank in the United States, has set the ball rolling by accepting crypto exchanges Gemini and Coinbase as banking customers. This is a sign that Bitcoin and other cryptocurrencies are being embraced in the American financial landscape and Wall Street. The bank gave Coinbase and Gemini accounts the green light in April, and transactions are just kick-starting. Reportedly, JPMorgan Chase is offering cash-management services to the exchanges, as well as dealing with dollar-based transactions for their US-based clients.

SWIFT Takes Another Shot at Cryptos, Refers to Them as "Useless and Unsteady"

SWIFT Takes Another Shot at Cryptos, Refers to Them as "Useless and Unsteady"

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has dropped another hammer on proponents of Bitcoin and cryptocurrencies, referring to Cryptos as “useless and unstable.”

India’s Central Bank Clears the Air on Cryptocurrencies not Being Outlawed

India’s Central Bank Clears the Air on Cryptocurrencies not Being Outlawed

India’s central bank, the Reserve Bank of India (RBI), has stated that it had not prohibited cryptocurrencies, such as Ethereum and Bitcoin, in the nation as it only highlighted the risks linked to crypto trading to regulated entities like banks.

MoneyGram Continues to Receive Millions in Development Fees From Ripple

MoneyGram Continues to Receive Millions in Development Fees From Ripple

Ripple continues to pump money into MoneyGram remittance services in market development fees as compensation for providing liquidity to its ODL XRP network.

eToro CEO: Central Banks will Inevitably Establish Digital Currencies

eToro CEO: Central Banks will Inevitably Establish Digital Currencies

Yoni Assia, eToro’s CEO, recently weighed in on the issue of Central Bank Digital Currencies. He noted that this matter was no longer an issue of “if,” but of “how and when” because the development of digital currencies by central banks was inevitable.

Forbidden Wealth: 80,000 Bitcoin Abandoned for Nearly a Decade

Forbidden Wealth: 80,000 Bitcoin Abandoned for Nearly a Decade

A BTC wallet address said to be associated with the now-defunct Mt. Gox Exchange holding an estimated 80,000 Bitcoin worth around $800 million is said to be untouched revealed by a source on Feb 17.

Huobi Announces Plan To Launch A Fiat Gateway For Turkish Users

Huobi Announces Plan To Launch A Fiat Gateway For Turkish Users

At the Eurasia Blockchain Summit Istanbul, Huobi Global declared its ambition to launch a crypto trading platform for Turkey users which will start with Turkish Lira (TRY) / paring and which they hope will enable users to exchange more crypto assets with greater liquidity.

Binance, CoinMarketCap, BitPay, Coinbase, Paxful Among Android Apps Earmarked by Latest EventBot Malware

Binance, CoinMarketCap, BitPay, Coinbase, Paxful Among Android Apps Earmarked by Latest EventBot Malware

Cybereason, a US-based cybersecurity company, has detected an Android malware dubbed EventBot that has been targeting money transfer and banking apps. Coinbase, Bitpay, CoinMarketCap, Binance, Mycelium Wallet, Bitcoin.com, Paxful, and CoinGecko are among a list of Android cryptocurrency wallets and applications whose security might be compromised as they are in the vicinity of this malware.

Ripple to Cash In One-Third of its Stake in MoneyGram

Ripple to Cash In One-Third of its Stake in MoneyGram

Leading blockchain payments company Ripple plans to sell a third of its stake in American money transfer firm MoneyGram.

Velas 3.0 Is Coming: Here's What You Need to Know

Velas 3.0 Is Coming: Here's What You Need to Know

Velas (VLX), a platform designed to address the scaling and usability challenges seen by other blockchains, is on the verge of releasing by far its largest update to date — with the impending launch of the Velas 3.0 ecosystem.

Tezos SEA Collaborates With Singaporean Government-Backed Platform to Launch a Training Program for Tezos Developers

Tezos SEA Collaborates With Singaporean Government-Backed Platform to Launch a Training Program for Tezos Developers

Tezos Southeast Asia (TSA), a non-profit-oriented arm of Tezos, has entered into a partnership with Tribe, a Singapore government-backed blockchain platform for the sole aim to launch a training program for Tezos' developers

Ripple Whale Moves 40 Million XRP to Bitstamp Crypto Exchange After Being Dormant for Years

Ripple Whale Moves 40 Million XRP to Bitstamp Crypto Exchange After Being Dormant for Years

Blockchain analytics picked up an unusual Ripple transfer of 40 million XRP.

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