Banking giant JPMorgan is said to be in talks with ConsenSys to merge the Ethereum venture studio with its in-house blockchain unit Quorum, according to a report in Reuters.
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James Dimon, Chairman and Chief Executive Officer, JPMorgan Chase. Photo: World Economic Forum via Wiki Commons).JPMorgan Chase jumps into stablecoin game with its own cryptocurrency
The JPM Coin will be used to settle international corporate transactions faster and cheaper than is currently possible
JPM Coin will be used to settle international corporate transactions faster and cheaper than currently possible
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Must-reads for September 26, 2018: Bitmain’s IPO filings, Dimon does blockchain, and other fun reads
Here are the crypto stories you should be watching today
The World’s Biggest Crypto Company Just Opened the Books for Its IPO (Bloomberg) If the word “Bitmain” isn’t aready synonymous in your head with “Bitcoin,” it’s time that it is. The China-based company makes the bulk of the ASIC mining machines that mine Bitcoin and other cryptocurrencies. And mining groups controlled by Bitmain oftentimes control more than half of all of Bitcoin’s network hashrate. It turns out mining all that crypto is equivalent to mining fiat. Bitmain, which on Wednesday filed to go public in Hong Kong, had a $742.7 million profit on $2.8 billion in revenue in the first half of 2018. Its return on equity is close to…
