JPMorgan Chase & Co., an American multinational investment bank, is making waves in traditional banking with its blockchain technology project: JPM Coin. JPM Coin was launched four years ago as the world’s first bank-backed cryptocurrency and runs on top of Quorum, a blockchain platform designed and developed by JPMorgan itself. The investment giant is further expanding this project by introducing
In recent years, cross-border payments have become increasingly crucial for businesses where speed and cost-effectiveness are priorities. Hence, the software giant SAP SE has collaborated with the financial technology firm Circle to find innovative solutions to address challenges in international transactions. SAP’s Focus on Cross-Border Payments SAP is one of the world’s most renowned software companies, specializing in providing business
Binance.US, the US arm of the world’s largest cryptocurrency exchange, has announced the resolution of its USD withdrawal problem that had caused the suspension of USD deposits earlier in the month. The company stated that it collaborated with banking partners to almost completely resolve delayed withdrawal requests for USD, and users can now resume USD withdrawals. Collaboration with banking partners
The cryptocurrency market is known for its volatility and unpredictability. One day, the value of a particular cryptocurrency can skyrocket, and the next day, it can plummet. This volatility can make it challenging for traders and investors to make informed decisions about when to enter or exit the market. One tool that can be used to make sense of the
The rise of blockchain technology has brought about a new type of asset known as non-fungible tokens (NFTs), which are unique and have properties that verify their authenticity and ownership. While NFTs have mainly been associated with the art world, they are now making their way into the realm of online gambling. The integration of NFTs in online casinos offers
As the Web3 ecosystem continues to gain momentum and widespread adoption, it has become a prime target for fraudsters and hackers. The allure of decentralized finance (DeFi) has attracted both legitimate investors and malicious actors looking to exploit the system. With billions of dollars lost to scams and hacking attacks, it is more important than ever to protect oneself in
Money laundering is a serious problem in the financial industry, with estimates putting the amount of money laundered each year at up to $2 trillion. To tackle this problem, traditional Anti-Money Laundering (AML) monitoring systems have been developed to detect suspicious activities and identify potential money laundering scenarios. However, these systems have shown limitations in terms of their accuracy in
Metatime is a blockchain technology company operating at the intersection of blockchain technology, product development, and cryptocurrency. The company has achieved significant milestones in its development and over the years, it has developed a diverse portfolio of over 70 products and attracted investments worth millions. Today, the company is set to take the next big step in its journey by
World Mobile, which provides sustainable network infrastructure to underserved and rural areas, has unveiled a new token buyback program. The initiative will enable the company’s treasury to purchase its native utility token, World Mobile Token (WMT), from the open market. This program is designed to support the development and expansion of World Mobile’s network infrastructure while acknowledging the valuable contributions
In the world of crypto exchanges, the use of internal market-making teams has become a contentious issue in recent years. Internal market makers are teams of traders that work for an exchange to make a profit on the trading activity that takes place on the exchange. Some insiders argue that these teams can help contribute to the liquidity and stability
Binance, the world’s largest cryptocurrency exchange, has announced a new promotion for its users. The exchange is now offering a zero-maker trading fee for the stablecoin TUSD. The move comes as the company looks to expand its offerings and attract new users. Zero trading fee promotion for USD stablecoin pairs on Binance spot and margin markets The zero trading fee
The gaming industry has undergone a revolution in recent years with the introduction of blockchain technology. This technology has enabled gamers to own in-game digital assets, thus providing them with greater control over their gaming experience. As a result, the blockchain gaming market is expected to witness significant growth in the coming years. The Projected Growth of the Blockchain Gaming
