After two years of experiments, JPMorgan and the Bahraini bank will offer U.S. dollar payment settlement in several countries, with plans to expand to euro service as well. Bahrain-based Bank ABC will use JPMorgan’s Onyx Coin Systems for blockchain-based cross-border payments in a soft, or limited, launch. The new service will be more cost effective...Continue Reading
Being fully aware of both the strengths and weaknesses of bots can help traders leverage them with optimal success. Investment marketplaces — particularly the volatile cryptocurrency market — move at lightning speed and operate around the clock. It’s not surprising that crypto traders would consider leveraging trading bots, which can monitor the market 24/7, analyze...Continue Reading
The move follows the crypto exchange’s successful VASP registration in Italy. Cryptocurrency exchange Kraken has received an Electronic Money Institution (EMI) from the Central Bank of Ireland and registration as a virtual asset service provider (VASP) from the Bank of Spain. According to the Sept. 26 announcement, the EMI license enables Kraken to expand euro-to-crypto...Continue Reading
BTC price support and resistance lines in the sand are crystallizing amid a fresh bout of low volatility for Bitcoin. Bitcoin (BTC) hit intraday lows after the Sep. 26 Wall Street open as BTC price behavior shunned major volatility. BTC/USD 1-hour chart. Source: TradingView Binance traders put up thin BTC price resistance Data from Cointelegraph...Continue Reading
Tim Draper’s first big Bitcoin prediction came off without a hitch, but he says the current administration is making his second one look bad. Tim Draper is a prominent venture capitalist, the founder of Draper University and the creator of the Meet The Drapers television series. He invested early in Tesla, SpaceX and Coinbase and...Continue Reading
Cointelegraph talks with Coinbase protocols lead and Base creator Jesse Pollak about the company’s new blockchain, which is already a force to be reckoned with. Coinbase launched Base, its new blockchain, in late July, and it has already become a major player among Ethereum-based layer-2 chains. On Sept. 21, for instance, the chain notched some...Continue Reading
The noncustodial wallet will continue MoneyGram’s remittance focus, allowing users to easily convert their digital assets to fiat. Payment processing giant MoneyGram is set to launch its own noncustodial crypto wallet, the company’s CEO, Alex Holmes, announced during the Stellar Development Foundation annual Meridian conference. The non-custodial crypto wallet will be built on the Stellar...Continue Reading
The Web3 security platform now allows projects to deposit bounty funds to a Safe smart contract, proving the funds are available. Blockchain security platform Immunefi has launched an on-chain system for bug bounties, according to a Sept. 26 announcement. The new system, called “Vaults,” allows Web3 developers to escrow funds in an on-chain address and...Continue Reading
Starting from Oct. 16, Chase Bank customers in the United Kingdom will no longer be able to make crypto transactions. Chase Bank, a digital bank owned by the investment bank JPMorgan, will restrict all cryptocurrency-related transactions for its customers in the United Kingdom. Starting from Oct. 16, customers of Chase Bank in the U.K. will...Continue Reading
The French telecom group Iliad revealed it has purchased one of Europe’s most powerful supercomputers and plans to create an AI research lab in Paris, among other developments. The French telecommunications group Iliad announced on Sept. 26 that it has plans to invest millions to build up the local French artificial intelligence (AI) industry. Iliad...Continue Reading
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