Jamie Dimon, CEO of JPMorgan, issues a warning that “Something Worse” Than a Recession Could Be Coming
Jamie Dimon, CEO of JPMorgan, has provided his economic forecasts for the United States, which include the possibility of "something worse" than a recession....
Asian Universities Will Receive $20 Million From the Korean Blockchain Project Klaytn for Blockchain Research.
South Korea's SEOUL Blockchain protocol Klaytn has committed $20 million over four years to support blockchain development and funding at the National University of...
Bloomberg’s Hong Kong partner is being sued for defamation by Binance CEO.
Changpeng Zhao, the CEO of Binance, filed a defamation lawsuit against Modern Media CL., the publisher of Bloomberg Businessweek in Hong Kong, on Monday. The lawsuit stemmed from a title of a translated article in Chinese that claimed Zhao was the head of a "ponzi scheme."
The lawsuit is related to Zhao's profile in Bloomberg Businessweek's article "Can Crypto's Richest Man Stand the Cold?" from June 23.Â
But in Hong Kong, Businessweek's local publisher Modern Media CL used a different headline with the intention of inciting "hatred, contempt, and ridicule" for Zhao Changpeng, the world's richest crypto billionaire: "Zhao Changpeng's Ponzi Scheme," according to Zhao's representative.
Zhao demanded a retraction, a restraining order to prevent the defendants from spreading the portrayal further, and the removal of the edition from newsstands;...
Mark Zuckerberg’s announcement of the Metaverse Digital Wallet led to Meta ending its cryptocurrency project Novi.
The downfall of the cryptocurrency project Novi has been announced by Meta Platforms, formerly Facebook. It is suggested that users withdraw money as soon...
JPMorgan predicts a short deleveraging cycle for the cryptocurrency market.
According to a report released on Wednesday by JPMorgan (JPM), the failure of cryptocurrency hedge fund Three Arrows Capital (3AC) shows that the effects...
A16z Announces the Launch of a $4.5 Billion Crypto Fund Specializing in Web3 Opportunities
A16z, one of the most powerful VC firms in the crypto space, has announced the launch of a new cryptocurrency fund to invest in...
Elon Musk claims that SpaceX will soon accept Dogecoin for merchandise, which could lead to Starlink subscriptions.
Elon Musk, the CEO of SpaceX and Tesla, has stated that dogecoin will soon be accepted at Spacex for merchandise in the same way...
Kraken is the first global cryptocurrency exchange to receive full regulatory approval from Abu Dhabi Global Market.
Kraken, a cryptocurrency exchange, has been granted a full financial license by Abu Dhabi Global Market. The regulator explained that "Kraken will be the...
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