Best crypto memes of the day – May 22nd

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  TL;DR Breakdown JPMorgan is launching a digital payroll processing feature to attract small businesses. They’re partnering with San Francisco-based fintech firm Gusto for this venture. This move is JPMorgan’s answer to fintech companies like PayPal and Square, which offer similar services. The service will be comprehensive, handling salaries, tax documents, pay stubs, and other related filings. Description It’s no secret: the digital realm has become the battleground for financial giants. As fintech companies continue to revolutionize the sector, traditional banks are forced to adapt, evolve, or risk becoming obsolete. Enter JPMorgan, not merely as a spectator but a fierce contender, with its latest venture aimed squarely at the heart of the fintech … Read more It’s no secret: the digital realm has become the battleground for financial giants. As fintech companies continue to revolutionize the sector, traditional banks are forced to adapt, evolve, or risk becoming obsolete. Enter JPMorgan, not merely as a spectator but a fierce contender, with its latest venture aimed squarely at the heart of the fintech universe. Pushing Boundaries with Gusto In a bold move to…

  Article 2023年9月15日

• Card games evolve with ‘Sealed Mode’ in Gods Unchained

  TL;DR Breakdown Gods Unchained introduces “Sealed Mode,” a novel gameplay format inspired by traditional card games, offering players random card sets for competitive play. In a groundbreaking move, Immutable’s NFT-based system grants true ownership of digital cards, bridging the gap between physical and digital card gaming. Description In a groundbreaking move, Immutable’s popular Web3 game, Gods Unchained, has unveiled a new gameplay format that promises to revolutionize the digital card game arena. This innovative format, known as “Sealed Mode,” is designed to level the playing field for players, allowing even those without extensive or costly card collections to compete on equal footing. … Read more In a groundbreaking move, Immutable’s popular Web3 game, Gods Unchained, has unveiled a new gameplay format that promises to revolutionize the digital card game arena. This innovative format, known as “Sealed Mode,” is designed to level the playing field for players, allowing even those without extensive or costly card collections to compete on equal footing. The announcement, made on September 13th via a blog post, has sent ripples through the gaming community, drawing parallels with…

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• Coinbase Announces Support for SUI Token Trading

  TL;DR Breakdown Coinbase supports SUI token trading: Coinbase, the leading US cryptocurrency exchange, has added support for the SUI token in its trading platform. SUI listed as an experimental token: The SUI token will be categorized as “Experimental” on Coinbase, which is reserved for new or low-volume cryptocurrencies. Coinbase, the largest cryptocurrency exchange in the United States, recently announced its support for the SUI token in its trading platform. The move is in line with Coinbase’s primary objective of offering credible crypto assets to its retail customers and boosting the use of Web3. According to the announcement, SUI will be included in the “Experimental” category, which is reserved for new or low-volume cryptocurrencies. Trading of SUI-USD pairs is set to begin after 9 AM PT on May 18, 2023, if sufficient liquidity requirements are met. Coinbase has been proactive in adding new tokens to its listing roadmap, with Osmosis (OSMO), a decentralized exchange (DEX) built for the Cosmos ecosystem, being the latest addition. The platform is currently awaiting approval for the listing. However, the announcement of SUI token trading has…

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• Ripple CLO criticizes SEC Chairman’s statement at the Senate hearing

  TL;DR Breakdown Ripple CLO Stuart Alderoty has criticized the statement made by SEC chair Gary Gensler at the senate hearing. Debate on regulatory oversight of crypto ongoing at the Congress. Description Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, expressed discontent with the recent statements made by the U.S. Securities and Exchange Commission (SEC) Chair, Gary Gensler, during a congressional hearing before the U.S. Senate Appropriations Committee on July 19. Ripple CLO says Gensler is misinterpreting the law In the hearing, Gensler reiterated his stance that certain … Read more Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, expressed discontent with the recent statements made by the U.S. Securities and Exchange Commission (SEC) Chair, Gary Gensler, during a congressional hearing before the U.S. Senate Appropriations Committee on July 19. Ripple CLO says Gensler is misinterpreting the law In the hearing, Gensler reiterated his stance that certain cryptocurrency tokens can be categorized as securities. Alderoty took issue with Gensler’s repeated emphasis on this point, stating that it is outrageous and a misinterpretation of the law, including the Howey test. He questioned the SEC’s…

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• Africa-Asia fintech Jia secures $4.3 million in seed funding

  TL;DR Breakdown Fintech firm Jia, targeting micro and small businesses in emerging markets, has secured $4.3 million in seed funding led by TCG Crypto, along with an additional $1 million commitment for on-chain liquidity. Jia plans to strengthen its operations in Kenya and the Philippines before exploring new markets in West Africa, Latin America, and Asia. The company’s unique model uses decentralized finance to offer loans and provides borrowers with tokens post-repayment, essentially turning borrowers into owners. Opening a new chapter in blockchain-based finance, the fintech firm Jia has secured a significant investment of $4.3 million in seed funding. This early-stage financial boost has been spearheaded by TCG Crypto, bolstered by several participating entities including BlockTower, Hashed Emergent, Saison Capital, and Global Coin Research. Additionally, an extra $1 million has been allocated for on-chain liquidity, underscoring the confidence of investors in Jia’s model. Jia creating waves in Kenya and the Philippines Jia, founded in 2020 by a team of former Tala executives, including Zach Marks, Cheng Cheng, Ivan Orone, and Yuting Wang, focuses on providing loans to micro and small…

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