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JP Morgan Chase to Pay $2.5 Million to Settle Class Action Lawsuit Over Wrongfully Incurred Crypto Charges
JPMorgan Chase has settled a lawsuit over unannounced changes made to the fee structure applied to crypto transactions using its credit cards in 2018. The American bank agreed to pay $2.5 million to settle a class-action lawsuit regarding its decision made in 2018 to treat cryptocurrency purchases with Chase credit cards as cash advances, ensuing in higher fees. However, JPMorgan is not admitting to any wrong-doing as part of the deal.
Is Bitcoin’s True Power Being Revealed as COVID-19 Market Crisis Sends Oil Futures Price Below Zero?
As WTI crude oil futures plummeted into negative territory, the pioneer cryptocurrency Bitcoin hardly seemed to notice, recording only a minor correction and dipping under 7k.
Covid-19 and DeFi — TokenInsights Releases Q2 2020 Report on Decentralized Ecosystem
TokenInsights has released their Q2 2020 DeFi industry report to shed some light on the fast-moving Decentralized Finance (DeFi) ecosystem and how it withstood the onslaught of the COVID-19 market.
Binance Acquired CoinMarketCap: A Huge Boost to the Binance "Super Exchange" Ecosystem
Binance, one of the largest digital asset exchanges in terms of trading volume and users, has officially announced the acquisition of CoinMarketCap for an undisclosed fee. According to the press release shared with Blockchain.News, the acquisition creates synergies for both companies in boosting cryptoassets adoption to global users.