3 months ago 1 min read

Daily Coin Journal


“Decentralized Ponzi Scheme”: JPMorgan CEO Describes Bitcoin

During the J.P. Morgan 41st Annual Healthcare Conference, CEO Jamie Dimon called Bitcoin a "decentralized Ponzi scheme".

Dimon has made a point of publicly criticizing Bitcoin and other cryptocurrencies. He made headlines in 2017 when he referred to Bitcoin as a "fraud" and threatened to terminate any JPMorgan traders who were found trading it.


Flare Token (FLR) Airdrop Distribution to XRP Holders Completed by Binance

Binance, the leading cryptocurrency exchange, claims to have finished distributing Flare (FLR) to holders of XRP. The distribution of Flare (FLR) tokens was open to anyone who had at least 10 XRP in their Binance accounts at the time of the snapshot (including those that were in open trade orders).

Flare (FLR) tokens were allocated to qualified customers, according to the cryptocurrency exchange, at a rate of 1 XRP to 0.1511 FLR.


Twitter Preparing to Launch New “Coins” Feature

Twitter appears to be getting closer to releasing a new feature dubbed "Coins," according to Jane Manchun Wong, a well-known reverse engineering specialist.

By punching Twitter's internal token with fiat currency, the functionality will let users to get rewards for publishing certain tweets.


Crypto Market Is “Pretty Clean” Right Now: Mike Novogratz

The CEO of Galaxy Digital, Mike Novogratz, stated that the prognosis for cryptocurrencies is neither excellent nor terrible during a recent interview with CNBC.


Winklevoss Wants Barry Silbert Out of Digital Currency Group

Cameron Winklevoss, co-founder of Gemini, has requested that Barry Silbert be fired as CEO of Digital Currency Group immediately because of his claimed involvement in scamming Gemini and Earn users in an open letter to the board.

Genesis Global Capital (Genesis) and its parent business DCG, according to Winklevoss, participated in a campaign of deceitful statements and representations to fool Gemini, Earn users, and other lenders into thinking that DCG had invested $1.2 billion in Genesis when it had not.


XRP Price Surge: Are Crypto Whales Cruising It?

The recent development in the key SEC Vs. Ripple litigation has been good for the price of XRP, the native cryptocurrency of Ripple, and its community. But cryptocurrency whales have been frantically acquiring XRP by taking advantage of the "Buy The Dip" chance.


If you have any comments or feedback, just email us.

Thanks for reading,

J.K. Tan
J.K. Tan
A crypto enthusiast who thinks that cryptocurrencies encourage people to act as their own banks. Fascination for blockchain and Web3 projects is his A-game.
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