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Showing posts from April, 2022

JPMorgan CEO Jamie Dimon Skeptical of Crypto but Says ‘Not All of It Is Bad’

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https://krakow3d.com/wp-content/uploads/2022/05/jpmorgan-ceo-jamie-dimon-skeptical-of-crypto-but-says-not-all-of-it-is-bad.jpg Jamie Dimon, the CEO of JPMorgan Chase, says that he does not particularly like crypto but will defend your right to invest in it. However, he sees benefits in some aspects of digital currency. JPMorgan’s Jamie Dimon on Crypto, Digital Currency JPMorgan Chase CEO Jamie Dimon talked about cryptocurrency in an interview with KMTV 3 News Now in Omaha Friday ahead of the Berkshire Hathaway annual shareholders meeting this weekend. Commenting on cryptocurrency, including bitcoin, the JPMorgan boss said: I always say I don’t particularly like it. I defend your right to do it. I’d say be very, very careful how much money you put into it. However, Dimon sees benefits in some aspects of crypto, such as its technology, admitting that the banking industry has its inefficiencies. The executive opined: Not all of it is bad. If you said to me ‘I want to send $200 to a friend

People are behaving more tribal than they have for a long time, says Warren Buffett

http://img.youtube.com/vi/3kZiw2ruV7s/0.jpg https://www.youtube.com/watch?v=3kZiw2ruV7s Chairman and CEO Warren Buffett and Vice Chairman Charlie Munger preside over the Berkshire Hathaway annual meeting, nicknamed the “Woodstock for Capitalists.” The Omaha, Nebraska, event gives shareholders a chance to hear the legendary pair discuss investing, their economic outlook and life. Origina post from https://krakow3d.com/videos/people-are-behaving-more-tribal-than-they-have-for-a-long-time-says-warren-buffett.html

Attackers Steal $80 Million From Rari Capital’s Fuse Platform, Fei Protocol Suffers From Exploit

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https://krakow3d.com/wp-content/uploads/2022/04/attackers-steal-80-million-from-rari-capitals-fuse-platform-fei-protocol-suffers-from-exploit.jpg Jamie Redman Jamie Redman is the News Lead at krakow3d.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for krakow3d.com News about the disruptive protocols emerging today. Origina post from https://krakow3d.com/news/attackers-steal-80-million-from-rari-capitals-fuse-platform-fei-protocol-suffers-from-exploit.html

Binance Blocks Accounts Linked to Relatives of Senior Russian Officials

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https://krakow3d.com/wp-content/uploads/2022/04/binance-blocks-accounts-linked-to-relatives-of-senior-russian-officials.jpg Digital asset exchange Binance has blocked accounts tied to relatives of government officials in Moscow. Amid mounting international penalties over Russia’s invasion of Ukraine, the trading platform said it will continue to check for users associated with sanctioned individuals. Crypto Exchange Binance Bans Children of Top Russian Figures Binance, the world’s leading cryptocurrency exchange, has blocked several accounts linked to relatives of some high-ranking members of Russian President Vladimir Putin’s administration, Bloomberg reported. The move comes as sanctions continue to rain on Russia in response to its military assault on neighboring Ukraine. Among the users who have been denied access in the past two months since the Russian troops crossed the Ukrainian border are the stepdaughter of Foreign Minister Sergei Lavrov, Polina Kovaleva, and Elizaveta Peskov

There’s an Insatiable Urge to Burn Crypto — A Look at Why Projects Burn Tokens and the Benefits

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https://krakow3d.com/wp-content/uploads/2022/04/theres-an-insatiable-urge-to-burn-crypto-a-look-at-why-projects-burn-tokens-and-the-benefits.jpg In recent times, cryptocurrencies that burn tokens have been very popular and a number of well known blockchain projects have destroyed large sums of digital assets. While a number of crypto projects have different burn schemes, the overall effect is usually the same, as destroying tokens reduces the circulating supply. Blockchain Projects Burn Tokens for Specific Benefits and Objectives Burning tokens has been a popular trend and articles often highlight specific projects like Ethereum, Terra, Shiba Inu, and many more that have destroyed large sums of native tokens. $SHIB burn portal is a huge success!👺🔥 — Shiba Inu to $1 (@ShibInform) April 28, 2022 Six days ago, krakow3d.com News reported on the Shiba Inu (SHIB) developers launching a burn portal, which allows shiba inu holders to burn their stash of SHIB. In that particular case, SHIB

Gina Sanchez's three buys: Apple, Amazon, Visa

http://img.youtube.com/vi/cDix2bKcm2Y/0.jpg https://www.youtube.com/watch?v=cDix2bKcm2Y Gina Sanchez, chief executive officer of Chantico Global and chief market strategist for Lido Advisors, joins 'The Exchange' to discuss her three buys and one bail. Origina post from https://krakow3d.com/videos/gina-sanchezs-three-buys-apple-amazon-visa.html

Finland to Donate Millions of Dollars From Sale of Seized Bitcoin to Ukraine

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https://krakow3d.com/wp-content/uploads/2022/04/finland-to-donate-millions-of-dollars-from-sale-of-seized-bitcoin-to-ukraine.jpg The government of Finland is discussing supporting Ukraine with part of the money from the liquidation of millions of dollars worth of cryptocurrency seized in crime investigations. Finnish authorities want to sell the bitcoins soon and say they couldn’t come up with a better idea for the proceeds. Finland Selects Brokers to Sell $75 Million of Confiscated Crypto Authorities in Helsinki have recently chosen two brokers to organize the sale of over €71 million ($75 million) worth of bitcoin ( BTC ) in the coming weeks. The country owns the coins that have been sized by Finnish Customs in the course of investigations into drug trafficking and other crimes. The agency has signed two-year contracts with Coinmotion Oy and Tesseract Group Oy and plans to sell the crypto during the spring and early summer, Bloomberg reported, quoting an emailed statement. Out of 1,9

India’s Decision on Crypto Regulation Will Not Be Rushed, Says Finance Minister

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https://krakow3d.com/wp-content/uploads/2022/04/indias-decision-on-crypto-regulation-will-not-be-rushed-says-finance-minister.jpg Indian Finance Minister Nirmala Sitharaman says that the country’s crypto policy will not be rushed. “Our intention is in no way to hurt the ecosystem, or to even say that we don’t need it,” she added. Finance Minister on Indian Crypto Regulation India’s finance minister, Nirmala Sitharaman, discussed cryptocurrency regulation Wednesday at a fireside chat organized by Stanford University School of Medicine. She explained that India will not rush to finalize the country’s crypto policy. On the contrary, she said India will take an informed decision after due deliberations across multilateral fora, the Mint reported. Sitharaman admitted that blockchain technology has the potential to improve India’s economy. “Blockchain is full of potential not just in the payments arena but also in many others,” she described, adding: Our intention is in no way to hurt the ec

Just a test

http://img.youtube.com/vi/5xxL2lXZIfY/0.jpg https://www.youtube.com/watch?v=5xxL2lXZIfY Just a test Origina post from https://krakow3d.com/videos/just-a-test.html

Sarat Sethi: Personal finance should be taught in school

http://img.youtube.com/vi/YN5P-3fRoL0/0.jpg https://www.youtube.com/watch?v=YN5P-3fRoL0 During April, CNBC is celebrating financial literacy month and featuring some of our CNBC contributors. Here is CNBC contributor Sarat Sethi on why personal finance should be taught in school. Origina post from https://krakow3d.com/videos/sarat-sethi-personal-finance-should-be-taught-in-school.html

VegaX Expands B2B Technology for Institutional Clients to Unlock Crypto Market

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https://krakow3d.com/wp-content/uploads/2022/04/vegax-expands-b2b-technology-for-institutional-clients-to-unlock-crypto-market.jpg press release PRESS RELEASE. NEW YORK, April. 28, 2022 — VegaX Holdings (“VegaX”), the cryptocurrency index platform providing actionable cryptocurrency indexes and index-based asset management products for traditional investors globally, announced the company’s first partnership with institutional investment manager, UNCAP Investment Management, providing the fund with access to proprietary portfolio rebalancing tools and indexes to enhance investment returns from the cryptocurrency markets. VegaX clients are globally distributed, with a recent influx of new traditional funds and institutions actively seeking the firm’s crypto index products and technology. VegaX CEO, Sang Lee noted, “As the crypto market hit an all time high of USD $3 Trillion in 2021, traditional fund managers and institutions globally could no longer deny the importance of the asset cl

Working Study Says Despite Legal Tender Status, Bitcoin Is Not a Widely Accepted Medium of Exchange in El Salvador

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https://krakow3d.com/wp-content/uploads/2022/04/working-study-says-despite-legal-tender-status-bitcoin-is-not-a-widely-accepted-medium-of-exchange-in-el-salvador.jpg According to a working study published by the U.S. National Bureau of Economic Research (NBER), most Salvadorans stopped using the Chivo wallet after getting their $30 bitcoin bonus. The report shows that the median Chivo wallet user made no deposits or withdrawals in a given month. NBER Study: Only 4 out of 10 Salvadorans Use Chivo Wallet After Government’s Bitcoin Bonus An April 2022 working study published by the NBER, asks if cryptocurrencies are indeed currencies after researching bitcoin (BTC) as legal tender in El Salvador. NBER conducted a face-to-face survey with 1,800 Salvadoran households during the month of February 2022. The study shows that Salvadorans are not using the Chivo wallet that much and in February, El Salvador’s central bank noted that only 1.6% of remittances were sent via digital wallets. “Mo

National Assembly of Panama Advances Discussion of Cryptocurrency Law Project

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https://krakow3d.com/wp-content/uploads/2022/04/national-assembly-of-panama-advances-discussion-of-cryptocurrency-law-project.jpg The National Assembly of Panama has advanced a cryptocurrency law project that seeks to regulate cryptocurrency activity to give more clarity to the sector in the country. The proposal, which was approved in the first discussion, was composed of two different projects presented to the economic affairs commission of the Assembly. Panama Moves to Regulate Crypto Assets Panama is taking steps to regulate crypto assets and the businesses that use them in the country. The National Assembly of the country, which is the highest legislative organization in Panama, has taken the first step toward regulating the use of cryptocurrencies. The institution has approved in the first debate a cryptocurrency law project titled “Law that regulates the commercialization and use of crypto assets, the issuance of digital value, the tokenization of precious metals and other goods

Microsoft had a impressive quarter, says MarketRebellion's Pete Najarian

http://img.youtube.com/vi/DFl-Oys6tVo/0.jpg https://www.youtube.com/watch?v=DFl-Oys6tVo Pete Najarian, MarketRebellion.com co-founder, joins 'Closing Bell: Overtime' to discuss his take on Microsoft. Origina post from https://krakow3d.com/videos/microsoft-had-a-impressive-quarter-says-marketrebellions-pete-najarian.html

Fort Worth Is Mining Bitcoin in City Hall, Mayor Wants to Transform Region Into a Tech-Friendly City

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https://krakow3d.com/wp-content/uploads/2022/04/fort-worth-is-mining-bitcoin-in-city-hall-mayor-wants-to-transform-region-into-a-tech-friendly-city.jpg On Tuesday, Fort Worth mayor Mattie Parker and Fort Worth revealed that the city is now the first U.S. city government in the country to mine bitcoin. According to the announcement, the city of Fort Worth has partnered with the Texas Blockchain Council to embark on the crypto mining endeavor. The City of Fort Worth Begins to Mine Bitcoins 24/7 With 3 ASIC Machines Starting today, the city of Fort Worth in Texas is now mining bitcoin 24/7 at the climate-controlled Information Technology Solutions Department Data Center located at Fort Worth City Hall. The news was announced by the city government and mayor Mattie Parker. The Fort Worth government representatives explained that the miners will be hosted privately in order to curb security vulnerabilities. Fort Worth said the Bitmain-brand S9 bitcoin mining machines were donated by the non

US Charges Ethereum Dev’s Conspirators Allegedly Helping North Korea Evade Sanctions Using Crypto

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https://krakow3d.com/wp-content/uploads/2022/04/us-charges-ethereum-devs-conspirators-allegedly-helping-north-korea-evade-sanctions-using-crypto.jpg Two European citizens have been charged for conspiring with Ethereum developer Virgil Griffith to help North Korea evade U.S. sanctions using cryptocurrency, the Department of Justice (DOJ) announced. They conspired “to teach and advise members of the North Korean government on cutting-edge cryptocurrency and blockchain technology, all for the purpose of evading U.S. sanctions.” Virgil Griffith and Two Co-Conspirators at DPRK Cryptocurrency Conference The U.S. Department of Justice (DOJ) announced Monday that “two European citizens have been charged for conspiring with a U.S. citizen to assist North Korea in evading U.S. sanctions.” The DOJ alleged that Spanish citizen Alejandro Cao de Benos and British citizen Christopher Emms “conspired with American Virgil Griffith to provide cryptocurrency and blockchain services to North Korea.” Griff

Meme Token Economy Jumps Close to 10% Higher After Dogecoin Spike Fuels the Pack

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https://krakow3d.com/wp-content/uploads/2022/04/meme-token-economy-jumps-close-to-10-higher-after-dogecoin-spike-fuels-the-pack.jpg The top meme tokens by market capitalization saw a significant jump on Monday after being fueled by dogecoin’s recent price rise. Crypto meme coins like shiba inu, dogelon mars, and floki inu saw 2-13% gains over the last 24 hours. The entire meme token economy is worth $35.8 billion, up 9.4% today. Meme Token Assets See Double-Digit Gains on Monday Following Dogecoin’s Rise Following Elon Musk’s acquisition of Twitter for $44 billion, digital currency markets jumped in value and crypto meme tokens saw a significant spike. 24-hour statistics at 4 p.m. (ET) on Monday had shown dogecoin (DOGE) jumped 26.3% in value against the U.S. dollar. Dogecoin (DOGE) is still up 18.8% today and is hovering just above the $0.15 zone. Many believe the rise is based on mere speculation that Musk could possibly implement dogecoin payments into some of Twitter’s operatio

Investors should favor U.S. over international stocks as Fed tightens, says Summit Global's Harden

http://img.youtube.com/vi/aZTxviXMlxg/0.jpg https://www.youtube.com/watch?v=aZTxviXMlxg David Harden, Summit Global Investments, joins 'The Exchange' to discuss how investors should be positioned in the markets as the Fed tightens. He also discusses companies he prefers as the U.S. dollar strengthens. Origina post from https://krakow3d.com/videos/investors-should-favor-u-s-over-international-stocks-as-fed-tightens-says-summit-globals-harden.html

NFT Trade Volume Jumped 23% Higher This Week Capturing Close to $1 Billion in Sales

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https://krakow3d.com/wp-content/uploads/2022/04/nft-trade-volume-jumped-23-higher-this-week-capturing-close-to-1-billion-in-sales.jpg Non-fungible token (NFT) sales have increased by 23.56% over the last week, as $945.2 million in sales were recorded across 15 different blockchains during the last seven days. NFT sales stemming from Ethereum jumped 29.16% in seven days, gathering $863.2 million in sales or 91.32% of the $945.2 million in sales. One particular NFT collection called Moonbirds has bolstered most of this week’s NFT sales volume. NFT Sales Spike This Week, Volume Fueled by Moonbirds Sales Following last week’s slight uptick in NFT sales, which increased 3.35% and gathered $658.4 million in sales in seven days, this week’s NFT sales action improved a great deal. On Monday, April 25, cryptoslam.io’s seven day metrics indicate that there’s been $945.2 million in sales recorded. The overall sales derive from 15 different blockchains and while Ethereum sales were the most domin

Georgians Sell Russian Regions as NFTs to Raise Money for Ukraine

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https://krakow3d.com/wp-content/uploads/2022/04/georgians-sell-russian-regions-as-nfts-to-raise-money-for-ukraine.jpg A tech innovations firm based in Georgia’s capital Tbilisi is now “selling Russia piece by piece” in the form of NFTs. The money from the collectibles, representing almost 2,500 Russian regions, will be used to help rebuild Ukraine, which was invaded by the Russian army two months ago. Georgian Project Auctions NFTs of Russian Land, Will Soon Offer the Kremlin Leavingstone, a digital creative agency from Georgia, has joined efforts to raise funds for Ukraine, which has been defending against Russian military aggression for eight weeks. The company is now selling non-fungible tokens ( NFTs ) representing parts of Russian territory. In the first of three planned phases of the ‘Russia for Sale’ initiative, Leavingstone is auctioning off 2,443 regions of the Russian Federation depicted on playing cards with name, size, and a “weirdly authentic coat of arms.” An interactive

Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus

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https://krakow3d.com/wp-content/uploads/2022/04/leading-eastern-european-exchange-exmo-sells-business-in-russia-belarus.jpg Exmo, a U.K.-based crypto exchange with extensive presence in Eastern Europe, is pulling out of Russia, Belarus and Kazakhstan. The trading platform, Exmo.com, says it’s making the move to avoid jeopardizing its expansion in other regions by operating in high-risk markets like these. The business has been sold to a Russian vendor, alongside rights to the Exmo.me domain and branding. Crypto Exchange Exmo Transfers Russia Operations to Local Entity Major Eastern European exchange Exmo announced earlier this week it’s selling its digital asset business in Russia and Belarus. The company explained the “tough decision” with efforts to avoid risking its global expansion plans by working in these countries. Both nations have been targeted by Western sanctions over Moscow’s invasion of Ukraine. “In addition, our Russian UBO, Eduard Bark, is leaving the company, transferri

Health care inflation threatens Americans retirement security

http://img.youtube.com/vi/ctVHd35DOJ0/0.jpg https://www.youtube.com/watch?v=ctVHd35DOJ0 CNBC's Sharon Epperson joins The News with Shepard Smith to report on health care inflation and how it's impacting the financial security of older Americans. Origina post from https://krakow3d.com/videos/health-care-inflation-threatens-americans-retirement-security.html

US Treasury’s OFAC Adds 3 ETH Addresses Linked to North Korean Cybercrime Group to SDN List

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https://krakow3d.com/wp-content/uploads/2022/04/us-treasurys-ofac-adds-3-eth-addresses-linked-to-north-korean-cybercrime-group-to-sdn-list.jpg The Office of Foreign Asset Control (OFAC) has added three ethereum addresses to its Specially Designated Nationals And Blocked Persons List (SDN). OFAC alleges the ether addresses are controlled by the Lazarus Group, a cybercrime group that is associated with North Korea. Lazarus Group Behind Axie Infinity Heist The U.S. Treasury Department’s OFAC has added three ethereum addresses that are allegedly associated linked with the Lazarus Group cybercrime syndicate to its SDN list. The addition of the addresses comes a few weeks after U.S. authorities accused the Lazarus Group and North Korean hackers of being behind the $620 million Axie Infinity heist. As previously reported by krakow3d.com News, after reports of the hacking emerged , the U.S. government claimed the cybercrime group was part of a group of hackers that spearheaded the Ronin bridg

IMF: India Is on the Frontline of Digital Currencies — Especially How It Handles Crypto Risks

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https://krakow3d.com/wp-content/uploads/2022/04/imf-india-is-on-the-frontline-of-digital-currencies-especially-how-it-handles-crypto-risks.jpg International Monetary Fund (IMF) Managing Director Kristalina Georgieva says India is “a country that is on the frontline of digital currencies,” especially “how it handles a reduction of risk from crypto assets for the Indian people and businesses.” She met with Indian Finance Minister Nirmala Sitharaman to discuss crypto regulation. IMF’s Chief Comments on Indian Crypto Policy IMF Managing Director Kristalina Georgieva commended the Indian government’s approach to cryptocurrency at an IMF press conference Wednesday. Responding to a question about “what role India can play in improving the global economic situation so as to safeguard the interests of the most vulnerable,” the IMF chief said, “India already plays a very important international role.” She elaborated: And it is a country that is on the frontline of digital currencies, especially

Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies Allegations

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https://krakow3d.com/wp-content/uploads/2022/04/report-says-binance-shared-client-data-with-russia-crypto-exchange-denies-allegations.jpg Cryptocurrency exchange Binance has been accused in a media report of agreeing to provide user data to Russia’s financial watchdog. The trading platform has refuted the allegations. It also insists it’s complying with Western sanctions imposed over Moscow’s invasion of neighboring Ukraine. Binance Consented to Russian Request for Customer Info, Reuters Claims in ‘Special Report’ Binance, the world’s leading digital asset exchange, has agreed to hand over customer data to Russia’s financial intelligence agency, a report by Reuters suggests. The article refers to messages allegedly sent by Binance’s regional head Gleb Kostarev to a business associate revealing that the Russian officials asked for such information, including names and addresses, during a meeting last April. The Federal Financial Monitoring Service of the Russian Federation (Rosfinmonit