U.S. based JPMorgan Chase has 34 open blockchain job positions posted on its site. It’s perhaps a record for any organization in the crypto market. The bank has also been known to hire exciting blockchain talent in its recent past.…
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New Zealand Firm Launches NZD Backed Stablecoin
Auckland-based financial service provider Techemynt announced the launch of a stablecoin reportedly backed by the New Zealand dollar. In a statement from Techemynt today, the firm announced it had launched a cryptocurrency backed 1:1 by the New Zealand dollar and…
Bitfinex joins crypto payment sphere by launching Bitfinex Pay
The biggest criticism for cryptocurrencies, which is not being able to use as a medium of exchange is now being increasingly put into test. As large crypto exchanges world-wide make their way towards payment sector, ability of crypto to be…
Parity Technologies Will Propose Parachain Governance Framework For Polkadot
Parity Technologies, the organization behind Polkadot, is planning to carry out another parachain governance system that could upgrade the use case of the network. “Statemint” is the first proposed common-good parachain for the Polkadot network, Parity Technologies announced Tuesday. A…
IRS Clarifies Reporting for Crypto bought with Fiat
The United States IRS has explained that crypto investors who just bought digital assets utilizing fiat and didn’t sell during 2020 don’t have to report said exercises. The United States Internal Revenue Service, or IRS, has refreshed its FAQ segment…
Square Announces Huge BTC Acquisition as Part of its Financial reporting
Square, Inc. (NYSE: SQ), a company that assembles devices to engage organizations and people to partake in the economy posted its outcomes for the final quarter and entire year of 2020. The posting was made on the Financials segment of…
Mastercard to Accept Some Crypto Payments Later this Year
Mastercard Inc. said Wednesday that it would start permitting shippers to acknowledge crypto payments on its organization not long from now. This represents one of the latest cases of digital currency payments endorsement by a traditional payments player. “We are…
Bitfarms Will Procure 48,000 New Mining Excavators in 2022 Despite Chip Shortage
Bitfarms set to secure 48,000 new diggers in 2022 notwithstanding chip lack One of the biggest traded open market Bitcoin mining operations on the planet, Bitfarms, has committed to buy 48,000 new excavators over the course of the following two…
Former British MP Wants Bitcoin Banned For Energy Concerns
Nick Boles, a former UK Member of Parliament for Grantham and Stamford from 2010 to 2019, took to Twitter Tuesday to criticize Bitcoin over its negative environmental impact. He retweeted a post from BBC correspondent Rory Cellan-Jones showing that Bitcoin…
Whales Ignore Ripple’s Legal Woes and Continue to Buy the Dip
As Ripple continues to fight off claims of malpractice, good tidings could be on the horizon in terms of its price. The price of XRP took a major hit when Ripple CEO Brad Garlinghouse and his colleague were sounded out…