Crypto News

JPMorgan Offers Private Bank Clients Access to Bitcoin Fund – Report
The US-based financial heavyweight JPMorgan has reportedly offered its Private Bank wealth management clients access to an “in-house bitcoin (BTC) fund,” marking a remarkable u-turn for a financial institution whose CEO has been nothing short of openly hostile toward the token and the world of crypto.

BlackHat Coin’s Mobile Wallet promises to be fast and easy to use
The BlackHat network’s first block reward reduction from 20 to 16 BLKC on 2 of August 2021. As per the provisions described in its Whitepaper, 20% of reward reduction takes place once every 3 months. This has been planned to be continued till the minimum amount of 2 BLKC is reached.

Ethereum is becoming ultrasound money, ConsenSys founder says
ConsenSys founder and Ethereum (ETH) co-founder Joseph Lubin has implied that Ethereum is transitioning to “ultrasound money” status ahead of the London hard fork slated to activate around 12:30 pm UTC Aug. 5.

U.S. Court allows Ripple’s motion to obtain Binance documents in the SEC lawsuit.
U.S. Magistrate Judge Sarah Netburn granted Ripple’s motion to obtain Binance’s documents in the ongoing lawsuit. U.S. Magistrate Judge Sarah Netburn allowed CEO Brad Garlinghouse’s motion to “Obtain international discovery” of Binance records. It is believed that the documents could provide critical evidence that could prove Ripple’s CEO Garlinghouse was acting outside the jurisdiction of the U.S SEC.

Can India’s CBDC Vision Prevent Bitcoin’s Ascend?
The Reserve Bank of India is preparing itself to launch its own central bank digital currency. What does it mean for the market, banks, and the future of private cryptocurrencies?

Will Shib Army get RobinHood to list SHIB? Shiba Inu Price Tumbles Despite Addition to Coinbase Custody
The Shiba Inu community has created a petition to have SHIB listed on Robinhood. The success of Dogecoin has been mentioned by petitioners, who have pointed out similarities between the two meme currencies SHIB and DOGE. 174,507 people have signed the Change.org petition.

SEC Has No Authority Over Pure Commodities Like Crypto Assets, Says CFTC Commissioner
Both the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have claimed jurisdiction over the crypto industry. A CFTC commissioner clarified that pure commodities, including crypto assets, or their trading venues are not regulated by the SEC.

Uruguay Seeks To Adopt Cryptocurrencies As Legal Payment Method
Uruguayan Senator Juan Satori has drafted a bill that, if passed, would make crypto a legal means of payment in the country.

DeFi Tokens Overtake Ethereum's Rise as Network Hard Fork Looms
The price of Ethereum has soared above $2,750 for the first time in two months, before retreating. Popular DeFi tokens are, however, still on the move.

Ethereum Hard Fork: Big Day For Crypto Community
The much anticipated Ethereum London Hard Fork upgrade seems to be creating a massive buzz within the crypto community. So, as the launch date finally arrives, the proposed Hard Fork implementation is finally ready to go live.