Tag: Billions

Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant Labels

Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant Labels The recent seizure of a cargo ship owned by JP Morgan, a vessel loaded with 20 tons of cocaine according to latest accounts, highlighted the risks of banks’ involvement in illicit activities, inadvertent or otherwise. And although U.S. […]

Markets Update: Cryptocurrencies Gain Billions in Less Than an Hour

Markets Update: Cryptocurrencies Gain Billions in Less Than an Hour Cryptocurrency prices have spiked significantly in value during afternoon trading sessions on Feb. 8. The entire market cap of the top digital assets recorded today has added over $ 15 billion in fiat value in just one hour. Also Read: Public […]

Mckinsey: Despite Billions of Dollars, Corporate Blockchains Have Achieved Little

Mckinsey: Despite Billions of Dollars, Corporate Blockchains Have Achieved Little During the last 18 months, companies have claimed to be able to use blockchain technology to improve the supply of everything from vegetables to automobiles. An increasing body of evidence, however, suggests that the reality has failed to match the […]

Markets Update: Cryptocurrencies Shed Billions in Bloody Sell-Off

Markets Update: Cryptocurrencies Shed Billions in Bloody Sell-Off Cryptocurrency enthusiasts have been glued to the price charts over the last 48 hours as digital assets across the entire crypto-economy have plunged significantly. Since our last markets update two days ago, the digital currency ecosystem has lost over $ 30 billion […]