Tag: Bitcoin

JPMorgan Chase CEO, Jamie Dimon, said at a conference on October 11 that cryptocurrencies should be regulated by governments and that he personally sees Bitcoin “worthless.” Speaking at a virtual event hosted by the Institute of International Finance, Jamie Dimon referred to banking regulations in a conversation held virtually by the Institute of International Finance,…

The Biden administration is reportedly planning a wide range of crypto oversight and might issue an executive order for the agencies regarding it. The Executive order might be aiming to combat the growing threat of ransomware attacks like the Colonial Pipeline incident and other cybercrime associated with crypto-assets. Reuters reported, the US National Security Council…

Billionaire investor George Soros’ family office, Soros Fund Management, has invested in Bitcoin, according to Soros Fund CEO/CIO Dawn Fitzpatrick. Fitzpatrick told Bloomberg in an interview on Tuesday that, “From our perspective again, we own some coins, not a lot, and the coins themselves are less interesting than the use cases of DeFi and things…

Bitcoin topped a $1 trillion market cap Thursday while the BTC price surged past $55,000. According to a Markets Insider report, US bank JPMorgan said in a note today that a range of factors may be fueling the rally, including institutional investor appetite, assurances that the US won’t ban BTC, and the recent rise of…

Coinbase has informed more than 6,000 customers that they have been hacked. The hackers used an unusual vulnerability in the SMS account recovery process, which gave them access to personal information and wallets. The American crypto exchange already said that all customers affected will have the stolen assets refunded automatically. According to the letter posted…

Bank of America, one of the largest banks on Wall Street, has launched its first digital asset research, looking to scale its crypto trading business. Led by Alkesh Shah, Global Crypto, and Digital Asset Strategist at Bank of America (BoA), the bank has released its first report on cryptocurrencies. The report titled “Digital Assets Primer:…