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Bitcoin Is the Fraud? JPMorgan Metals Desk Fixed Gold Prices for Years

The United States’ largest bank faced fresh ridicule from Bitcoin (BTC) circles this week after prosecutors said traders had conducted more market fraud.As Bloomberg reported on Sept. 16, JPMorgan Chase is facing an inquiry over the behavior of at least a dozen precious metals traders. JPMorgan performed “thousands” of illegal

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JPMorgan Warns Stablecoins Like Libra at Risk of ‘System Gridlock’

The new breed of stablecoins led by Facebook’s Libra could be vulnerable to failure in periods of network stress. According to an analysis from JPMorgan released on Sept. 5, they lack the short-term liquidity of other payments systems, so usage could grow faster than the network can safely support.Transaction growth

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Startup Led by JPMorgan Veterans Brings Free BaaS Platform to Azure

Hybrid blockchain solutions startup Kadena has updated its enterprise blockchain platform on the Microsoft Azure Marketplace.On Aug. 27, Kadena announced that its new product called Kadena Scalable Permissioned Blockchain is available on Azure Marketplace for free.Blockchain scalability ambitionsFounded by former blockchain experts at United States banking giant JPMorgan, Kadena

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