employees

JP Morgan and Its Bitcoin Trading Service to Face Stiff Competition from Cryptocurrency Exchanges

Source Node: https://coinidol.com/jp-morgan-bitcoin-trading/
Time Stamp: August 10, 2021 6:28 AM - Modified On: August 10, 2021 - Published By:
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Republished By Plato

Aug 10, 2021 at 10:28 // News JP Morgan is finally offering bitcoin investment options to its customers after years of aversion to crypto investing, and is reportedly promoting its bitcoin product to its retail customers. However, the bank should be prepared for competition from cryptocurrency exchanges and similar banks. Sceptic becomes a believer After JP Morgan Chase discovered the potential of cryptocurrencies, the bank added Bitcoin to the list of assets its clients can invest in. Everything JP Morgan is doing now in regards to Bitcoin has proven to

China Situation Not as Bad, Bitcoin to Reclaim $60K In 2021: Interview with OKEx

Source Node: https://cryptopotato.com/china-situation-not-as-bad-bitcoin-to-reclaim-60k-in-2021-interview-with-okex/
Time Stamp: July 12, 2021 11:36 AM - Modified On: July 12, 2021 - Published By:
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CryptoPotato had the opportunity to host a discussion with Lennix Lai – the Financial Markets Director at OKEx. Established in 2017, OKEx is one of the leading cryptocurrency exchanges in the world by means of trading volume and is also a big player in China. We took the opportunity to discuss, first hand, what’s currently going on in the market from both a retail and institutional perspective, as well as what’s actually happening in China. [embedded content] $60K Bitcoin In 2021 After Bitcoin lost around 50% from its all-time high

TikTok Ban: The Beginning of a New Age in Social Networks?

Source Node: https://beincrypto.com/tiktok-ban-the-beginning-of-a-new-age-in-social-networks/
Time Stamp: August 8, 2020 8:28 AM - Modified On: May 21, 2021 - Published By:
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President Donald Trump has signed an executive order that forbids American companies to transact with Tencent and Bytedance. The ban comes after a long debate involving alleged data mining from apps like WeChat and TikTok. Following the ban, Tencent shares fell 5%. American companies will effectively have 45 days to stop transacting with these companies. The ban is sparking worldwide debate regarding the boundaries of national security. Is this an opportunity for decentralized social media platforms to step up? Tencent and the Yuan Plummet The announcement was immediately felt on

Ransomware Attacks Demanding Crypto Are Unfortunately Here to Stay

Source Node: https://cointelegraph.com/news/ransomware-attacks-demanding-crypto-are-unfortunately-here-to-stay
Time Stamp: August 8, 2020 3:00 AM - Modified On: May 21, 2021 - Published By:
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Year after year, the ransomware landscape changes dramatically. In 2019, a new resurgence of attacks occurred as businesses and government institutions became the main targets of ransomware, given their capacity to yield larger payouts. The most recent attack was against Garmin, a navigation systems company, on July 23. Due to the attack, many of its online services such as customer support, website functions and company communications were affected. Reportedly, the Russian cybergang Evil Corp launched the attack, demanding $10 million in cryptocurrency to restore access to Garmin’s services. Overall, according to a

US authorities charge three suspects in the massive Twitter hack.

Source Node: https://coinnounce.com/us-authorities-charge-three-suspects-in-the-massive-twitter-hack/
Time Stamp: August 1, 2020 2:12 AM - Modified On: May 21, 2021 - Published By:
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A British man, a Florida man, and a Florida teen have been charged by US authorities in relation to the Twitter hack of prominent politicians, celebrities, and technology moguls to scam people around the globe out of more than USD 100,000 in Bitcoin, authorities said Friday. Graham Ivan Clark, 17, was arrested Friday in Tampa, where the Hillsborough State Attorney’s Office will prosecute him as an adult. The 17-year-old will faces 30 felony charges.  Hackers sent out fake tweets soliciting bitcoin from compromised accounts.  The hackers managed to access the

Novogratz’ Galaxy Digital Continues Losing Streak in 2019, Posts $33M Q4 Loss

Source Node: https://cointelegraph.com/news/novogratz-galaxy-digital-continues-losing-streak-in-2019-posts-33m-q4-loss
Time Stamp: April 9, 2020 3:04 PM - Modified On: May 21, 2021 - Published By:
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Galaxy Digital, a major cryptocurrency investment bank founded by ex-Goldman Sachs partner, Mike Novogratz, continued its 2018 trend by posting another net loss in Q4 of 2019.According to an official April 8 announcement, the company suffered a net loss of more than $32.9 million in Q4, with the company outlining “realized loss on digital assets” and operating expenses as causes for the loss.Galaxy Digital has posted repetitive losses since its founding in 2018Galaxy Digital was officially founded in early 2018 with the mission to institutionalize the crypto industry. Since then,