Introducing ‘JPM Coin’: JPMorgan will be the first major US bank to launch its own cryptocurrency

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In a first for a major US bank, JPMorgan said on Thursday it would launch a cryptocurrency tied to the US dollar. The bank said the coin, called the “JPM Coin” is intended to “make instantaneous payments using blockchain technology.”  JPMorgan’s chief executive officer, Jamie Dimon, said in late 2017 that bitcoin, the largest cryptocurrency, […]

Fraud is expected to cost the ad industry $44B in 2022 — here’s how blockchain could help stop it

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This is a preview of a research report from Business Insider Intelligence. Current subscribers can read the report here. Blockchain technology promises to transform how nearly all industries manage data. Since roaring onto the scene as the engine behind Bitcoin in 2009, it’s become applicable to a diverse array of industries beyond financial services, including industrial manufacturing, […]

Vitalik Buterin created one of the world’s largest cryptocurrencies in his early twenties — here’s how he did it and why

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Vitalik Buterin is the co-founder of Ethereum, the second largest cryptocurrency in the world. Buterin was 21-years-old when the cryptocurrency was initially released. Buterin became interested in bitcoin in 2011 and co-founded a bitcoin magazine. Eventually, he dropped out of university to focus on crypto full-time.   Buterin built Ethereum as be a blockchain platform that […]

Beyond Bitcoin: Here are some of the new use cases for distributed ledger technology

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This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here. Of the many technologies reshaping the world economy, distributed ledger technologies (DLTs) are among the most hyped. DLTs are most often associated with cryptocurrencies like Bitcoin, but such coverage sidelines […]

A blockchain company that works with banks like Barclays to fight financial crimes just raised $30 million

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Chainalysis, which offers software that tracks cryptocurrency transactions, said on Tuesday it had raised $30 million in its Series B round led by prominent VC firm Accel. The New York-based upstart serves clients like Barclays, Binance, and IRS and assist them in identifying bad actors and fighting crimes like money laundering and online fraud.  While […]

‘The bigger mystery is why anyone trusted Quadriga in the first place’: The story of the CEO who died with the passwords to $190 million of cryptocurrency is getting stranger by the day (BITCOIN)

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The sudden death of the boss of a crypto exchange in India gets stranger by the day. Quadriga CEO Gerald Cotten died suddenly from complications related to Crohn’s disease at the age of 30, the company said earlier this month. Cotten was the only person with the passwords to access about CAD$250 million ($188 million) […]

Fraud is expected to cost the ad industry $44B in 2022 — here’s how blockchain could help stop it

Posted on Leave a commentPosted in News

This is a preview of a research report from Business Insider Intelligence. Current subscribers can read the report here. Blockchain technology promises to transform how nearly all industries manage data. Since roaring onto the scene as the engine behind Bitcoin in 2009, it’s become applicable to a diverse array of industries beyond financial services, including industrial manufacturing, […]

Bitcoin spikes sharply and suddenly

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Bitcoin spiked suddenly around midday on Friday. The cryptocurrency was trading up 9%, and at its best level in a month.  Earlier Friday, Securities and Exchange Commissioner Robert Jackson said he expects a crypto exchange-traded fund at some point.   Watch bitcoin trade live. Bitcoin rocketed higher just ahead of the noon hour Friday, trading up […]