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JPMorgan CEO – I am not a Bitcoin buyer

JPMorgan CEO - I am not a Bitcoin buyer

Jamie Dimon, CEO of investment banking powerhouse JPMorgan Chase, slandered Bitcoin’s popularity in an online interview with Times of India while claiming that the leading digital currency might expand 10x in five years. Dimon, who has long been a sceptic of Bitcoin (BTC), termed it a scam in 2017 and cited reports that criminals may […]

Sparkpool, Ethereum’s second-largest mining pool halts all operations

Sparkpool, Ethereum's second-largest mining pool halts all operations

Sparkpool, the world’s second-largest Ethereum mining pool, has seized all of its operations owing to China’s escalating crypto crackdown. In reaction to Chinese authorities launching additional efforts to fight crypto adoption in the nation, the mining pool formally declared on September 27 that it has suspended access to new users in mainland China. Following the […]

Gemini exchange is hiring crypto experts with over 200 new job openings

The Gemini exchange has announced a major employment initiative. According to reports, the company is looking to expand by hiring more than 200 more staff. Gemini is “growing fast” and “aggressively hiring,” according to a new Forbes story, with the company’s director of talent Jonathon Tamblyn noting that the exchange is currently looking for more […]

Ripple board member says XRP is for payments while other cryptos are for speculation

Ripple, National Bank of Georgia Partner to Digitize Economy

A former US Treasurer and current Ripple board member has expressed support for XRP amid the current legal struggle between Ripple and US securities regulators. Rosa Rios, a former Treasurer who joined Ripple’s board of directors in May 2021, came to Twitter on Sunday to reaffirm her belief in XRP while attacking rival cryptocurrencies like […]

The Indonesian government confirms it is not imposing a ban on crypto

The Indonesian government confirms it is not imposing a ban on crypto

Indonesian Trade Minister Muhammad Luthfi has promised the public that the country will not ban cryptocurrency. Trading crypto will be permitted, but cryptocurrency purchases will be prohibited. The Indonesian government has given its citizen’s permission to trade cryptocurrencies , rather than simply prohibiting all crypto-related transactions. The government will concentrate its regulatory efforts on preventing crimes involving bitcoin. According to the Central Bank, cryptocurrencies are treated as trading assets and commodities that are inappropriate for payment. Crypto assets, […]