JPMorgan Chase launches AI tool for research analyst tasks
JPMorgan Chase has introduced LLM Suite, an AI-driven tool similar to ChatGPT, to boost productivity in its asset and wealth management division.
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NEM Foundation Releases Restructuring Plan Amid Financial Difficulties
The NEM Foundation has released its plan for a financial and organizational restructuring on March 8. The plan comes in the wake of news earlier this year that the foundation was running low on its native XEM tokens.On Feb. 20, the foundation decided to release 210 million XEM tokens ($8.7 million) from reserves, the first…

Peter Schiff Slams CNBC for Giving Bitcoin More Airtime Than Gold
Bitcoin’s (BTC) fresh bull run this week is down to speculators betting on Chinese economic upheaval, not Chinese upheaval itself, Peter Schiff claims.Schiff: speculators buying Bitcoin to speculateIn a tweet Aug. 5, the veteran gold bug and well-known Bitcoin naysayer claimed that current events impacting the Chinese economy did not cause fresh interest in Bitcoin.“The…

BlackRock’s IBIT overtakes GBTC as the world’s largest Bitcoin ETF
BlackRock’s $20 billion spot Bitcoin ETF recorded inflows of over $102 million on May 28, while Grayscale’s ETF bled again.

Rumpel Labs to launch platform for tokenizing airdrop points
The protocol seeks to address longstanding limitations of airdrops.

Chinese VeChain Tea Traceability Platform Gets Official Seal of Approval
A tea traceability platform powered by VeChain received an official endorsement from the Shuangjiang county government at its launch on Nov. 13. VeChain partnered with leading tea producers in the region to implement the traceability platform. The entire lifecycle of a tea brick from raw material to the consumer will be recorded on the VeChainThor blockchain,…

First Blockchain Association in Mexico Established
The first blockchain association in Mexico has formed, its founding members including industry players like blockchain software firm ConsenSys, Forbes Mexico reported Nov. 28.The Blockchain Association of Mexico was established companies Bitso, Volabit, BIVA, GBM, Lvna Capital, ConsenSys and Exponent Capital. The organization’s objective is to educate citizens in the technology’s deployment and its potential…

US Senator-elect rails against potential crypto wallet ruling
Rumored upcoming crypto wallet regulation gains further opposition, this time from Cynthia Lummis, a recently elected Wyoming senator. 231 Total views 1 Total shares As per recent rumors, United States Secretary of the Treasury, Steven Mnuchin, could drop a stringent piece of crypto-related legislation before his expected exit at 2020’s end. The ruling could potentially…

IMF Chief Lagarde: Distributed Ledger Technologies Are Shaking the System
International Monetary Fund (IMF) managing director Christine Lagarde has said that blockchain innovators are shaking the traditional financial world and having a clear impact on incumbent players.Lagarde made her comments in an interview with CNBC on April 10, following a panel devoted to “Money and Payments in the Digital Age,” as part of the 2019…