Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Legal news Major investment bank JPMorgan Chase has agreed to pay USD 2.5 million to settle a class-action lawsuit over its decision to begin treating purchases of cryptocurrency with Chase credit…
Read more
Justin Sun. Source: Twitter, @justinsuntron Tron founder and CEO Justin Sun now says that people who don’t understand that he is "a true blockchain believer" are those questioning him. "I’m a true believer of blockchain. It’s once in a lifetime. It’s only people who don’t understand it who question me," Sun told Bloomberg in an…
Read more
Despite for a long time being a crypto trading platform and wallet for only a very limited number of cryptoassets, Coinbase has in recent years expanded on its product offering, which is now benefitting some long-term ethereum (ETH) holders on the platform. According to a screenshot shared on Twitter by Jordan Spende, Chief Marketing Officer…
Read more
Following an announcement that a new upgrade of the Cardano blockchain platform will launch in June, the platform’s native token ADA is seeing strong growth in the market, outperforming nearly all other top 100 cryptoassets by market capitalization over the past 24 hours. As of press time (06:34 UTC), ADA was up by 18% in…
Read more
A China Telecom executive has hinted that the digital yuan and third-party payment apps will likely co-exist in the same financial ecosystem – although he stopped short of saying whether or not the forthcoming central bank-issued token would be interoperable with apps such as WeChat Pay and AliPay. Per JRJ, Jiang Wei, the chair of…
Read more
After a parabolic rally that brought the price of theta (THETA) up by more than 1,000% since March 13, the price is now correcting lower, with large price divergences seen across different crypto exchanges. As of press time on Thursday (12:06 PM UTC), THETA is down by almost 20% over the past 24 hours, according…
Read more
Source: Google, Instagram Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Digital fiats news A timeframe has yet to be set for the launch of the digital yuan, says the People’s Bank of China (PBoC). Per the South China…
Read more
Source: a video screenshot, Novi Social media giant Facebook rebranded its Calibra subsidiary, responsible for the Libra project, saying that the first product Novi Financial will introduce is the Novi digital wallet designed for Libra digital currencies. "With Novi, sending money will be as easy as sending a message. You’ll be able to use Novi…
Read more
The Euro symbol in front of the European Central Bank. The idea of central banks running the entire central bank digital currency (CBDCs) show is "out the door," and is being replaced by the private-public partnership, according to Tommaso Mancini-Griffoli, Deputy Division Chief in the Monetary Capital Markets Department at the International Monetary Fund (IMF).…
Read more
Theta token (THETA), the native token on the Theta distributed video streaming platform, has seen massive price gains in recent weeks, with investors anticipating a major network upgrade in the near future as the most likely driver of the rally. As of press time on Tuesday (11:21 UTC), THETA, ranked 28th by market capitalization, was…
Read more
