Author: Crypto Insider

As CNBC reported, global investment bank JPMorgan has silently begun giving its wealth management clients access to six cryptocurrency investment funds, despite Jamie Dimon, CEO, continually advising against investing in cryptocurrencies like Bitcoin. JPMorgan Chase is now offering six cryptocurrency investment funds to clients, says CNBC citing people with knowledge of the move. The bank’s…

Breaking crypto news from the last week (31 July – 06 August 2021): 31 July: US officials hire a cryptocurrency firm to hold Bitcoin it’s seizing. Following a rise in crypto-related crimes, federal law enforcement is seizing a lot of crypto assets. Now the US government has hired a cryptocurrency firm to hold all its…

While Polkadot and Ethereum are entering the final stretch of the race for blockchain supremacy, comparing them is almost inevitable. They use a comparable architecture on the technical level and proof-of-stake consensus to achieve scalability. Vitalik Buterin and Dr. Gavin Wood also have a shared history in Ethereum. This year is set to be a…

Gillian Tett writes in the FT column on how the Boston Fed and MIT are building an entirely new CBDC platform to displace existing cryptocurrencies. Later this month, the Federal Reserve holds its Jackson Hole meeting to discuss another big experiment: how soon can the Fed create an effective central bank digital currency (CBDC)? The…

Each cryptocurrency has its own technological properties, appeal to buyers, and unique backstories. They are typically ranked by market capitalization because the value of a cryptocurrency reflects investor appetite. But behind the tokens, blockchains, and prices, there are more complex stories about each cryptocurrency. Nasdaq Inc. selected the top ten of the largest and most…

The US Securities and Exchange Commission (SEC) charged Cayman Islands-registered DeFi Money Market (DMM) and its two top executives for unregistered sales of more than $30 million of securities using smart contracts and decentralized finance. This is the SEC’s first securities case involving DeFi technology. Florida residents Gregory Keough and Derek Acree, along with Cayman…