First Republic Bank collapses, JP Morgan to take over ‘all deposits’
JP Morgan will assume insured and uninsured deposits totalling $92 billion, and $30 billion in securities from First Republic Bank.
Bitcoin24h
$95,828.22-0.80%
Ethereum24h
$2,811.18+1.60%
XRP24h
$2.56-1.27%
BNB24h
$653.82-3.62%
Solana24h
$167.99-2.91%
Dogecoin24h
$0.2421-1.94%
Cardano24h
$0.7659-1.89%
TRON24h
$0.2447+2.94%
Chainlink24h
$17.57-1.78%
Sui24h
$3.33-2.48%
Decrypting JP Morgan’s crypto investments
Despite JP Morgan chairman Jamie Dimon’s longstanding hatred of crypto, his bank has a lengthy history of dabbling in digital currencies.
J.P. Morgan plan to grow institutional DeFi despite CEO ripping on Bitcoin
One of the world’s largest banks has been quietly working on a multi-trillion dollar project called institutional DeFi, but setbacks remain.
-
Is World Liberty Financial a dead project?—by Protos Staff
-
Kraken criticized for Dave Portnoy sponsorship after token pump and dumps—by Protos Staff
-
LIBRA co-founder ‘can’t remember’ sending texts about Javier Milei’s sister—by Protos Staff
-
Elon Musk imagines Fort Knox empty as others pitch Strategic Bitcoin Reserve—by Protos Staff
-
Argentine president Javier Milei pulled his second crypto rug this weekend—by Protos Staff
-
Bitcoin is no longer legal currency in El Salvador—by Protos Staff
-
Burwick Law chief refuses to comment on Dogshit2 memecoin—by Protos Staff
-
CZ lets memecoin traders fight it out for Broccoli dominance—by Protos Staff
-
Binance moved $8 billion off its proof-of-reserves—by Protos Staff
