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Goldman Sachs and Citigroup Perform the First Equity Swap on Blockchain

Goldman Sachs and Citigroup Perform the First Equity Swap on Blockchain

Traditional equity swaps have to be continuously updated for multiple variables. These include different interest rates, end-of-day market prices, and corporate actions like stock splits and dividend payments. Financial institutions need to hire many people to verify the process until the swap completion, which in some rare cases, could take months.

Bitcoin’s Price Boom is Artificially Inflated, says Peter Schiff

Bitcoin’s Price Boom is Artificially Inflated, says Peter Schiff

Peter Schiff claims that the current rise in bitcoin prices is due to market manipulation.

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