JPMorgan Chase

JPMorgan Chase

Markets

Investors Cashing Out of Grayscale Bitcoin Trust Might Bring Market Boost

Investors who locked in borrowed coins will need to repurchase those to repay the loan, cryptocurrency pundits say.

The upcoming unwinding of trades involving the Grayscale Bitcoin Trust could provide a ray of sunshine to a market that has darkened.

Finance

Remember JPM Coin? Next Step Is Programmable Money, Bank Exec Says

The global bank is also “keeping a very close eye” on DeFi, says Umar Farooq, head of JPMorgan’s Onyx blockchain team.

Umar Farooq, JPMorgan's blockchain chief

Markets

Crypto Long & Short: Bitcoin's Potential as a Collateral Class

Signs point to a new avenue of growth for crypto-backed lending.

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Finance

ConsenSys Confidential: Ethereum Builder Is Back in Growth Mode, Document Reveals

ConsenSys staffers waiting for equity payouts may soon be in luck, according to an internal document revealing the company’s recent good fortune.

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Markets

JPMorgan's New Crypto Bond 'Not for the Faint of Heart,' Former Star Analyst Hintz Says

Brad Hintz, a former star Sanford Bernstein analyst, Morgan Stanley treasurer and Lehman Brothers CFO, explains the risks in the fine print.

NYU Adjunct Professor Brad Hintz, a retired star Sanford Bernstein analyst, former Morgan Stanley treasurer and Lehman Brothers CFO, says there are lot of risks in JPMorgan's new "structured note" focused on cryptocurrency-related stocks.

Finance

JPMorgan Posts 34 Blockchain Jobs as It Beefs Up JPM Coin

A search for “blockchain” on JPMorgan’s career pages actually brings up 56 open positions, with 34 including the tech in the job title.

JPMorgan

Markets

Wall Street Embrace of Crypto Grows Closer as Employees Argue on Its Behalf: CNBC

On a Zoom call with traders in January, JP Morgan co-President Daniel Pinto suggested he was open-minded about bitcoin.

jpmorgan

Finance

JPMorgan Invites Banks and Fintechs to Build on Its Revamped Blockchain Network

Liink wants its 400-plus financial institutions (including 25 of the largest 50 banks) to start building on top of the platform.

JPMorgan

Markets

Chase Bank to Refund 95% of $2.5M It Allegedly Overcharged Crypto Buyers

The JPMorgan subsidiary has agreed to repay most of $2.5 million it took in credit card fees for cryptocurrency purchases.

Credit: Shutterstock/Tooykrub

Policy

Chase Bank Settles Suit Over 'Sky-High' Credit Card Charges for Crypto Purchases

The bank had allegedly charged the plaintiff over $160 in fees and interest for regularly purchasing cryptocurrencies with his credit card.

Credit: Daryl L / Shutterstock