JPMorgan partnered with fintech startup Baton Systems to enable the real-time movement of cash and collateral transfers using blockchain. Major global investment bank JPMorgan has developed a new blockchain-based solution for derivatives designed to speed up cash and collateral transfers. The tool was developed in partnership with California-based fintech firm Baton Systems and aims to…
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FinCEN Director Kenneth Blanco said that Anti-Money Laundering laws will be strictly enforced in the world of crypto. The United States Financial Crimes Enforcement Network (FinCEN) Director Kenneth Blanco said that Anti-Money Laundering (AML) laws will be strictly enforced in the world of cryptocurrencies. On Nov. 15, Reuters reported that Blanco made it crystal clear…
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Veteran trader secures a 60% profit on VeChain, 8% on Tron, 18% on Stellar Lumens and breaks even on Bitcoin. Altcoins have continued to boom while Bitcoin (BTC) has effectively traded sideways. I closed the majority of my position in VeChain (VET) for a quick 60% profit and nailed my exit on Stellar Lumens (XLM)…
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The lost $450 million worth cryptocurrency from now-defunct crypto exchange WEX could allegedly be transferred to a fund belonging to Russian intelligence. $450 million worth of lost cryptocurrency from the now-defunct cryptocurrency exchange WEX may have been transferred to a fund belonging to Russian intelligence agency the Federal Security Bureau (FSB), according to an investigation…
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Bitcoin price looks weak but this fall below $8,500 might turn out to be a buying opportunity. Fundstrat’s Tom Lee believes that cryptocurrencies “are network value assets” and as the number of people who hold the asset increases, the value of the cryptocurrencies would also move up. According to him, about half a million people…
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Measure Protocol, a blockchain-based data marketplace, has partnered with the Broccoli app to create a cannabis research project. A blockchain-based data marketplace, Measure Protocol, and a cannabis-oriented survey rewards app, Broccoli, will jointly establish a research community for cannabis users. According to a Nov. 12 press release, the companies will use the new community to…
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Dan Conway. Source: a screenshot, Instagram/danconwaywriter Dan Conway, an author and a self-described “expert on crypto culture, decentralization and corporate America,” shared with the world how he bet his life savings on crypto and earned millions. Conway says he was an executive in a vast corporation, struggling with depression and an addiction he thought defeated.…
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The Bitcoin Cash hard fork has completed as planned, with the first block considered invalid by old client software being mined. The planned hard fork of the Bitcoin Cash network has been completed, as the first block considered invalid by the older client version was noted by BitMEX Research in a tweet on Nov. 15.…
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The U.S. Department of Homeland Security has awarded $200,000 to a Virginia-based firm to develop blockchain security solutions. The United States Department of Homeland Security (DHS) has awarded Virginia-based Digital Bazaar $199,984 to develop its blockchain security technology, according to a press release, Nov. 14. The Department’s Science and Technology Directorate (S&T) made the Phase…
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Source: iStock/LOVE_LIFE 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. China news Despite China’s U-turn on Bitcoin mining, Chinese local governments are strengthening regulation of the crypto mining industry and its aspect such as speculation and illegal fundraising, with…
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