Tag: News

Singapore’s Central Bank, DBS, JPMorgan Collaborate to Explore Uses of Digital Assets, Defi – Regulation Bitcoin News

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The Monetary Authority of Singapore (MAS) has partnered with major banks and financial services companies to explore the uses of asset tokenization and decentralized finance (defi). DBS Bank and JPMorgan will pilot the first project. Project Guardian Launched The Monetary Authority of Singapore (MAS), the country’s central bank, announced Tuesday that it has partnered with the financial services industry to launch Project Guardian. The central bank described Project Guardian as “a collaborative initiative with the financial industry that seeks to explore the economic potential and value-adding use cases of asset…

A Look at Legendary Colombian Soccer Player James Rodríguez’s 1500 NFTs Launch on ZKSea – Sponsored Bitcoin News

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sponsored Colombian soccer superstar James David Rodríguez Rubio has announced his partnership with ZKSpace to launch the James Rodríguez Commemorative Edition NFTs, Zurda (left foot in Spanish), with the presale scheduled for June 15th, 2022. The 1,500 unique pieces are currently the only digital art collections available featuring key highlights from his illustrious career spanning three continents and celebrating Rodríguez’s outstanding contribution to the game. Rodríguez is amongst the first of many prominent athletes and celebrities to get involved in the digital art space, and his strategic partnership agreement with…

Traditional Banks Not Optimized to Serve the Unbanked – Interview Bitcoin News

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For years, traditional financial institutions in different parts of the world have been attempting to narrow the financial exclusion gap by extending their services to the unbanked population. Yet for many reasons, these institutions still cannot avail their products and services to everyone that needs them. Regulatory Hurdles While there are several reasons cited for why banks are still not able to do this, their failure to serve this unbanked population has, on the other hand, led to the meteoric rise of fintech startups. Instead of relying on metrics often…

Recession Is Inevitable and Crypto Is Here to Stay – Bitcoin News

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Soros Fund Management’s chief executive and chief investment officer, Dawn Fitzpatrick, says cryptocurrency is here to stay and it’s already gone mainstream. She also believes that a recession is inevitable Soros Fund’s CEO: Crypto Is Here to Stay Dawn Fitzpatrick, chief executive and chief investment officer of Soros Fund Management, discussed cryptocurrency and the U.S. economy in an interview with David Rubenstein, aired Tuesday on Bloomberg. Soros Fund Management was founded in 1970 by George Soros and his former business partner Jim Rogers. Fitzpatrick was asked about her view on…

JPMorgan CEO Jamie Dimon Warns of Incoming Economic Hurricane — Says ‘You Better Brace Yourself’ – Economics Bitcoin News

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JPMorgan CEO Jamie Dimon has warned that an economic “hurricane” is coming. “You better brace yourself,” he advised. “We just don’t know if it’s a minor one or Superstorm Sandy.” Jamie Dimon on the U.S. Economy and QT The CEO of JPMorgan & Chase, Jamie Dimon, warned about an incoming economic hurricane Wednesday at a financial conference sponsored by Alliancebernstein Holdings. “It’s a hurricane,” Dimon exclaimed. While noting that “Right now it’s kind of sunny, things are doing fine, everyone thinks the Fed can handle it,” the JPMorgan executive stressed:…

ASSET MANAGEMENT GIANT VANECK SAYS BITCOIN CAN HIT $4.8 MILLION PER COIN AS A GLOBAL RESERVE ASSET!!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 💰 Earn Free Crypto on every trade over $10 with FTX US: Use Code: cryptonews 💰 Get $100 in FREE Bitcoin from iTrust Capital: (Sponsored) 1. Register here: 2. Confirm your email. 3. Fund your account. American investment firm VanEck believes that Bitcoin (BTC) has double the upside of gold and could be worth as much as $4.8 million per coin if it becomes the global reserve asset. VanEck’s analysis found that the implied price for the king cryptocurrency ranged from $1.3…

Fidelity Plans Hiring Spree to Expand Crypto Services to Include Ethereum Trading and Custody – Finance Bitcoin News

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Fidelity is planning a hiring spree to add ether trading and custody services to its cryptocurrency business. “As the demand for digital assets continues to steadily grow and the marketplace evolves, we will continue to expand our hiring efforts,” a Fidelity executive explained. Fidelity Expanding Crypto Services Fidelity Investments’ digital assets subsidiary, Fidelity Digital Assets, is expanding its services. Founded in 2018, Fidelity Digital Assets currently employs about 200 people. The company is looking to fill 110 new positions to focus on assets beyond bitcoin, a spokesperson for Fidelity told…

Solana Halts Block Production, Validators Told to Prep for a Restart, Network’s Decentralization Criticized – News Bitcoin News

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On June 1, 2022, the Solana network halted block production again as the blockchain network has stopped working a number of times during the network’s lifetime. According to the Solana status update, validator operators are being asked to prepare for a restart. Solana Continues to Be Plagued by Outages, SOL Downtime Denounced by the Crypto Community The blockchain network Solana (SOL) is down again as the network has been halted by the development team. The Twitter account Solana Status (@solanastatus) tweeted about the incident on Wednesday at 12:56 p.m. (ET)…

Accuweather Collaborates With API3 in Order to Provide Blockchain-Powered Weather Data – Blockchain Bitcoin News

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On June 1, the American media company that provides commercial weather forecasts, Accuweather, announced it is tethering weather data to blockchain technology by hosting an API3 Airnode. The company revealed that it is collaborating with blockchain oracle provider API3 and Web API operators will be able to access Accuweather’s onchain weather data. Accuweather Exec Believes Blockchain Weather Data Can Make ‘Lasting Impacts Through a Range of Industries’ According to the company Accuweather, the firm is hosting its own API3 oracle node in order to provide a “seamless Web3 wrapper that…

Creating a Lasting Legacy With Lifestory — Leave a Trace of Yourself Behind – Sponsored Bitcoin News

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sponsored Leaving a lasting legacy is one of the most important things we can do in life. It’s not only a way to ensure that we’re remembered after we die, but it also gives our loved ones a sense of closure and allows them to move on with their lives. Unfortunately, it’s hard to leave a trace of ourselves after we die. Our memories and legacies usually disappear with us or are left in the hands of family and friends who may not be able to handle them. But what…