Crypto News 

In the Daily: Cryptocurrency Payments, Nvidia Losses, Suspended CFD

“We also look at the latest financial report from Nvidia indicating losses due to falling demand for chips used in cryptocurrency mining” reports bitcointoday.club. According to a recent study conducted by cybersecurity company Kaspersky Labs, 13 percent of those surveyed have already used crypto to make purchases.The popularity of cryptocurrency as a payment method has been increasing despite the falling price of digital assets over the past year.n the first edition of The Daily this weekend, we focus on a study estimating that 13 percent of people have used digital…

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Crypto News 

JPMorgan is launching the first US bank-backed digital token

“The JPM Coin differs from other conventional cryptocurrencies in two key ways: The banking giant’s digital currency could also be used for other applications on top of payments settlement: JPM Coin could be used for securities transactions” writes Eleni Digalaki for businessinsider.com. In the future, institutional investors could use the digital coins for instant settlement of similar securities transactions that run on JPMorgan’s Quorum.Last year, the bank used its blockchain platform, Quorum, to test a debt issuance application, mirroring the execution of an actual transaction for the National Bank of…

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Apple’s priorities are shifting as iPhone sales continue to sink

“As iPhone sales continue to sink, Apple has made several key moves over the last year as it prepares new offerings to juice growth elsewhere in the business” writes unknown author for cnbc.com. Here’s an overview of the biggest recent shifts within Apple as it prepares to grow beyond the iPhone:. Apple has made several shifts in recent months that signal its preparing to move beyond the iPhone in other ways, such as artificial intelligence, the growing smart home market and digital health monitoring.The company has stopped reporting iPhone unit…

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Facebook is a ‘digital gangster’ that urgently needs more regulation, UK lawmakers say

“Facebook “intentionally and knowingly” violated U.K. data privacy and anti-competition laws and urgently needs to be regulated and investigated, a scathing new report by British lawmakers said” writes Matt Mcclain for cnbc.com. The committee accused Facebook CEO Mark Zuckerberg of showing “contempt” toward U.K. parliament for declining to testify in front of lawmakers.The final report issued Monday by the U.K.’s Digital, Culture, Media and Sport committee concluded an 18-month investigation into Facebook and other social media companies for their role in spreading “fake news” and disinformation.”Companies like Facebook should not…

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Razer to close its digital games store

“Bad news for fans of Razer’s digital game store, which the gaming hardware manufacturer only launched in April” writes Michelle Meyers for cnet.com. As part of the company’s “realignment plans,” it’s shutting the Razer Game Store on Feb. 28,” according to an announcement on its storefront that PC Gamer noticed Saturday.”It’s been a privilege for us to recommend and deliver great digital game deals to you,” the Irvine, California-based company said.The store, first launched in the US and Europe markets and later Southeast Asia, offered exclusive game deals and discounts…

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Crypto News 

Ordinary Stablecoin or XRP Killer? What We Know About JPMorgan Chase’s New Cryptocurrency

“On Feb. 14, United States banking behemoth JPMorgan Chase announced its own cryptocurrency” writes Stephen O’neal for cointelegraph.com. Clients will reportedly be issued the coins after depositing dollars at JPMorgan Chase.It is fair to say that move comes unexpectedly for JPMorgan Chase, whose CEO, Jamie Dimon, is famous within the crypto community for his anti-Bitcoin (BTC) remarks. Source: cointelegraph.com

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Survey: 41% of Institutional Investors to Invest in ICOs Within Five Years

“The survey was conducted in December 2018 and January 2019 by market research company PollRight, and included responses from 71 global institutional investors, including private equity, hedge funds and pension funds” writes Max Yakubowski for cointelegraph.com. According to a survey of institutional investors conducted by the Global Blockchain Business Council (GBBC), 19 percent believe that digital assets will be regularly invested in and traded by 2021. Recently, cryptocurrency assets management fund Grayscale Investments presented their Q4 2018 report, noting that institutional investors were responsible for the majority of digital assets…

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Apple just reportedly bought a startup that specializes in helping companies build voice apps

“Apple has acquired Pullstring, a company that helps companies publish voice apps for platforms like Amazon’s Alexa and the Google Assistant, according to a new report from Axios” writes Lisa Eadicicco for businessinsider.com. Amazon is considered to be the market leader in the digital assistant space, and that lead only lengthens when you look at smart speaker use specifically.A Strategy Analytics report from October suggests that the retail giant accounts for 63% of smart speaker use in the United States, whereas Google accounts for 17% and Apple only accounts for…

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Crypto News 

First Ever US Pension Funds to Invest in Bitcoin

“A branch of the investments managing firm Morgan Creek Capital Management, Morgan Creek Digital surpassed its original goal of 25 Million USD for the fund” reports livebitcoinnews.com. Morgan Creek Digital is taking things a notch higher with a claim that they are probably the first US pension fund to ever pour money in the digital currency business.There are three distinct welfare programs conducted by the Fairfax County Retirement Systems, 2-thirds of them investing in the Morgan Creek Digital fund, according to Pompliano.Fairfax County, Va., has two pension plans that are…

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This Singapore bank is encouraging millennials to save more through gaming

“Through UOB’s TMRW app, the more money users save, the faster they level up in the mobile-only digital bank app” writes Sukhbir Cheema for mashable.com. Singapore’s United Overseas Bank (UOB) is certainly revolutionizing the banking industry because it is set to release a mobile app specifically for millennials who want to save their money.Now, what’s special about this app is that users will no longer be saving money the old conventional way.He adds that within 10 to 15 years, the millennial generation will be the core group of customers. Source: mashable.com

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