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World’s First Cryptocurrency By Bank

Announced on Feb 14, 2019, JPM Coin’s headline surprised many crypto enthusiasts – since, in last few years, the name of JPMorgan’s Jamie Dimon appears on headline while criticizing the largest cryptocurrency, bitcoin. In fact, CEO Jamie Dimon called Bitcoin as a ‘fraud’. However, few Engineers at Bank have rolled a new coin on Bank’s name which intends to transfer the minimum payment in initial.

Read Here - https://coingape.com/jpmorgan-launches-jpm-coin-first-bank-launch-cryptocurrency/

Well, apparently for last two weeks conditions are not very encouraging for even bitcoin fundamentals.

Read here: https://coingape.com/bitcoin-fundamentals-stronger-weaker-huobi-weekly-report/

The crypto industry has been through a roller coaster ride in 2018. We've experienced bitcoin prices dipping to as low as $3,100 to the adoption of cryptocurrencies by various countries. This crypto journey is yet to achieve a milestone where it is free to express its freedom.

We have built an awesome Video “Crypto Rewind 2018”. You will defiantly love this video. Here is the link: https://www.youtube.com/watch?v=h44e6w-44xM

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Crypto News: https://t.me/joinchat/AAAAAE-NdN8_x765wK7TUA

The Crypto G20 summit next week will focus on increasing the efforts to protect the consumer interests through AML and KYC requirements. The FATF will also report its finding on keeping from the use of cryptocurrency for money laundering.

https://coingape.com/g20-meeting-crypto-g20-focus-on-money-laundering-issues/

In its latest announcement, Coinbase has received the e-money license from the Financial Conduct Authority of the UK that involves regulation compliance. This move will help the exchange in expanding its business in UK and EU.

This e-money license will help in faster payments that will further simplify the process of adding and withdrawing money from the exchange. The CEO of UK Coinbase, Zeeshan Feroz explained:

“U.K. customers will benefit from faster, safer and seamless bank transfers. We will start with a pilot, giving a small number of institutional users access to Faster Payments. In the coming weeks, we will begin rolling out to all U.K. customers, making the Coinbase experience increasingly easier.”

Source: https://coingape.com/uk-fca-grants-coinbase-e-money-license/

In the crypto community, security is a major problem that continues to be a factor of concern. Talking about the importance of addressing the unethical behavior and crimes in this industry, Binance stated that:

“To ensure a safe crypto community, we can’t simply play defense. We need to actively prevent any instances of hacking before they occur, as well as follow through after-the-fact. Even though the hacking attempt against Binance on March 7th was not successful, it was clear it was a large-scale, organized effort. This needs to be addressed.”

In addition to the bounty, the exchange reserved $10 million for future bounty awards. Binance has also invited other exchanges to do the same.

Source: https://coingape.com/binance-bounty-plan-to-prevent-hacking/

Rumors of Binance being hacked surfaced earlier this day when some users reported unusual trades being triggered through their accounts. The Binance CEO Changpeng Zhao has assured users that their funds are safe.

https://coingape.com/binance-hack-changpeng-zhao-assures-funds-are-safe/

LTC News: Litecoin Price On Surge With LitePay Launch: https://coingape.com/ltc-news-litecoin-price-on-surge-with-litepay-launch/

This only happened because the corrupt Wall Street crimes are manipulating the price of Bitcoin down by flooding the markets with 'SELL' orders.

Read the Full Story here: https://coingape.com/first-cme-bitcoin-futures-contracts-expires-on-26-january-2018/

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