LUNCHD FAKE CRYPTO CURENCY BY JP MORGAN
Great article by CCN, completely copy and paste system :)
JP Morgan Launches Fake Cryptocurrency, Coinbase Releases Bitcoin SV Hostages and Coinmama Exposes User Data: This Week in Crypto
This week, JP Morgan Chase launched a blockchain-based IOU system that definitely isn’t a cryptocurrency. Waves Platform and Coinbase both released any Bitcoin SV they were previously holding. Two public pension plans invested in blockchain technology. And let’s not forget, Coinmama, an alternative to Coinbase for easy acquisition of cryptocurrency, suffered a breach.
JP MORGAN LAUNCHES JPM COIN
Our top story this week in crypto has to be JP Morgan Chase’s entrance into the blockchain technology sector. The story is particularly interesting due to JP Morgan CEO Jamie Dimon’s years-long stance on cryptocurrency. (In case you were unaware, he’s called it a “fraud” and eventually vowed “not to talk about it anymore.”)
America’s largest bank has rolled out an internal product to reduce the friction in its movement of over $6 trillion per day. The platform lacks all of the properties of a traditional blockchain – it’s more of a tokenized distributed ledger with censorship and centralized governance.
This reporter sounded off on the subject and wondered about the implications for Ripple Labs. Joseph Young wondered the same. Ripple CEO Brad Garlinghouse addressed such concerns later in the week.
Article was written by- HomeCryptoJP Morgan Launches Fake Cryptocurrency, Coinbase Releases Bitcoin SV Hostages and Coinmama Exposes User Data: This Week in Crypto
Cryptocurrency, JP Morgan, Jamie DimonJP Morgan's development of a bank 'cryptocurrency' for corporate payments made headlines this week. | Source: REUTERS/Dylan Martinez/File PhotoJP Morgan Launches Fake Cryptocurrency, Coinbase Releases Bitcoin SV Hostages and Coinmama Exposes User Data: This Week in Crypto P. H. Madore 17/02/2019 Crypto, News
This week, JP Morgan Chase launched a blockchain-based IOU system that definitely isn’t a cryptocurrency. Waves Platform and Coinbase both released any Bitcoin SV they were previously holding. Two public pension plans invested in blockchain technology. And let’s not forget, Coinmama, an alternative to Coinbase for easy acquisition of cryptocurrency, suffered a breach.
Not much to speak of on the market front, this week. We consistently find the Bitcoin price somewhere between $3500 and $3700, no matter where you look, besides some esoteric perhaps unsavory markets with low volume. In other news, however, it was a rich week.
JP MORGAN LAUNCHES JPM COIN
Our top story this week in crypto has to be JP Morgan Chase’s entrance into the blockchain technology sector. The story is particularly interesting due to JP Morgan CEO Jamie Dimon’s years-long stance on cryptocurrency. (In case you were unaware, he’s called it a “fraud” and eventually vowed “not to talk about it anymore.”)
JP Morgan Blockchain Fintech
JPMorgan’s new token, labeled a ‘cryptocurrency’ by many, will be used for payments. Source: Shutterstock.
America’s largest bank has rolled out an internal product to reduce the friction in its movement of over $6 trillion per day. The platform lacks all of the properties of a traditional blockchain – it’s more of a tokenized distributed ledger with censorship and centralized governance.
This reporter sounded off on the subject and wondered about the implications for Ripple Labs. Joseph Young wondered the same. Ripple CEO Brad Garlinghouse addressed such concerns later in the week.
CCN news story.
Copy and pasting an article is not content that should be posted. It violates copyright law and will end up resulting in people flagging you (downvoting and taking away your rewards). Know you are new so wanted to point this out before it causes you trouble.
I came to look at your posts since you applied for a delegation from me. One of the key rules is that you must be posting only original content. I wanted to give you an opportunity to still get the delegation.
@thedarkhorse I posted that that was a story by CCN, and I just wanted for people to see the news of fake crypto, but it obviously 🙄 it went wrong.. then I try to delete it but it was too late for that. Rest is a history 🤗
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It's all about learning. So a way to talk about an article written by someone else is to do something like this:
Hey did you see this article (link to the article). Here are some interesting things in it
The quote the article by using > before the text and it will look like this:
The talk about what you quoted and give us your thoughts. There is zero value to the blockchain by adding content that is already on the internet. It just serves no purpose and as I said is a violation of copyright. But quoting snippets and providing a link for someone that wants to read the entire article has some purpose is you are adding your thoughts.
Hope that makes sense.
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://finance.yahoo.com/news/jp-morgan-launches-fake-cryptocurrency-072451982.html