JPMorgan CEO Jamie Dimon Faces Backlash Over Hypocritical Bitcoin Comments

JPMorgan CEO Jamie Dimon is facing backlash after his recent comments about Bitcoin and cryptocurrency. Dimon claimed that the “only true use case” for crypto is to facilitate crime, including drug trafficking, money laundering, and tax avoidance. However, critics were quick to point out the hypocrisy in Dimon’s statements, highlighting that JPMorgan has paid billions […]

JPMorgan CEO Jamie Dimon Faces Backlash Over Hypocritical Bitcoin Comments

JPMorgan CEO Jamie Dimon is facing backlash after his recent comments about Bitcoin and cryptocurrency. Dimon claimed that the “only true use case” for crypto is to facilitate crime, including drug trafficking, money laundering, and tax avoidance. However, critics were quick to point out the hypocrisy in Dimon’s statements, highlighting that JPMorgan has paid billions […]

IBM Introduces Enhanced Cold Storage Solution for Secure Crypto Transactions

IBM has introduced a new solution called IBM Hyper Protect Offline Signing Orchestrator (OSO) to enhance the security and efficiency of digital asset transactions, including cryptocurrencies. This offering aims to address vulnerabilities in current cold storage systems that store digital assets offline. Cold storage solutions often involve manual processes to authorize transactions, which can increase […]

IBM Introduces Enhanced Cold Storage Solution for Secure Crypto Transactions

IBM has introduced a new solution called IBM Hyper Protect Offline Signing Orchestrator (OSO) to enhance the security and efficiency of digital asset transactions, including cryptocurrencies. This offering aims to address vulnerabilities in current cold storage systems that store digital assets offline. Cold storage solutions often involve manual processes to authorize transactions, which can increase […]

Global Policymakers Push for Central Bank Digital Currencies Despite Failures and Risks

Global policymakers are continuing to push for the development of central bank digital currencies (CBDCs), despite the risks and failures associated with them. In November, officials from organizations such as the International Monetary Fund (IMF) and the Bank for International Settlements (BIS) called for governments to accelerate CBDC development. However, critics argue that policymakers should […]

Global Policymakers Push for Central Bank Digital Currencies Despite Failures and Risks

Global policymakers are continuing to push for the development of central bank digital currencies (CBDCs), despite the risks and failures associated with them. In November, officials from organizations such as the International Monetary Fund (IMF) and the Bank for International Settlements (BIS) called for governments to accelerate CBDC development. However, critics argue that policymakers should […]