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JPMorgan Chase to launch instant FX settlement, powered by Kinexys blockchain platform, supporting USD, EUR, and GBP
JPMorgan Chase to launch instant FX settlement, powered by Kinexys blockchain platform, supporting USD, EUR, and GBPJPMorgan Chase, the largest bank in the United States, has announced that its Kinexys blockchain platform will soon offer instant foreign exchange settlement between the US dollar and euro, with plans to add the British pound to the service over time. The system will leverage Kinexys' native JPMCoin tokenized deposits, enabling the processing of over $2 billion in transactions daily, according to interviews with JPMorgan executives and a statement released Wednesday...
Blockchain 2024-11-06 16:18:50 -
Trump Declares Victory in 2024 US Presidential Election, US Stock Futures Surge
Trump Declares Victory in 2024 US Presidential Election, US Stock Futures SurgeAccording to Xinhua News Agency on November 6th, US Republican presidential candidate Donald Trump declared victory in the 2024 presidential election early this morning. US media estimates that Trump has secured at least 270 electoral votes...
Blockchain 2024-11-06 16:10:36 -
Apple Warns Investors: Profits from Emerging Market Products May Fall Short of iPhone
Apple Warns Investors: Profits from Emerging Market Products May Fall Short of iPhoneIn a recent filing, Apple has cautioned investors that its foray into emerging markets, including yet-to-be-proven technologies like artificial intelligence (AI) and virtual reality (VR), may not yield the same profit margins as its iPhone business.In its 10-K filing with the Securities and Exchange Commission (SEC), Apple outlined new warnings about future growth and profitability...
Mobile Internet 2024-11-06 15:37:09 -
Xiaomi 15 Series Embraces Apple Ecosystem, Seamlessly Integrating with MacBook, iPad, and iPhone
Xiaomi 15 Series Embraces Apple Ecosystem, Seamlessly Integrating with MacBook, iPad, and iPhoneToday, Xiaomi CEO Lei Jun announced on Weibo that the Xiaomi 15 series will fully support the Apple ecosystem, enabling seamless file transfer, screen mirroring, and Apple office suite usage with MacBook, iPad, and iPhone. It will also support over 100 file formats, ensuring smooth integration with various Apple devices...
Mobile Internet 2024-11-06 15:36:43 -
Bitcoin Soars to New All-Time High as US Election Results Roll In
Bitcoin Soars to New All-Time High as US Election Results Roll InOn November 6th, as results from the US election began to emerge, Bitcoin surged to a new all-time high. According to CoinDesk data, Bitcoin (BTC), the world's largest cryptocurrency by market capitalization, briefly hit $75,363...
Blockchain 2024-11-06 15:03:46 -
Apple Faces EU Fines for App Store Violations, First Penalty Under Digital Antitrust Law
Apple Faces EU Fines for App Store Violations, First Penalty Under Digital Antitrust LawOn November 6th, the European Union (EU) levied its first fine under the Digital Markets Act (DMA), a new digital antitrust law targeting large tech companies, against Apple for violating its provisions. This marks an escalation in the ongoing dispute between Apple and regulators over the companys dominance in the app store...
Industry dynamics 2024-11-06 14:57:05 -
Double 11 Folding Screen Phone Sales Revealed: Vivo and Xiaomi Surge, Can Huawei Still Sit on the Throne?
Double 11 Folding Screen Phone Sales Revealed: Vivo and Xiaomi Surge, Can Huawei Still Sit on the Throne?Recently, with the strong rise of domestic straight-screen flagship phones, the popularity of folding screen phones seems to have declined. However, it is undeniable that folding screen phones remain a battleground for all manufacturers in the high-end segment...
Mobile Internet 2024-11-06 14:06:37 -
Apple iPhone 16 Pro Material Cost Exceeds Google Pixel 9 Pro, Chip Cost Increase Significant
Apple iPhone 16 Pro Material Cost Exceeds Google Pixel 9 Pro, Chip Cost Increase SignificantNikkei, in collaboration with Fomalhaut TechnoSolutions, conducted a material cost analysis of the Apple iPhone 16 Pro and Google Pixel 9 Pro, both priced at $999. The analysis revealed that the iPhone 16 Pro's material cost is $568, while the Pixel 9 Pro's material cost is only $406...
Mobile Internet 2024-11-06 14:01:39 -
Trump Trade Soars: Bitcoin Hits ATH, Dollar Index Rallies, Trump Media & Technology Stock Swings Wildly
Trump Trade Soars: Bitcoin Hits ATH, Dollar Index Rallies, Trump Media & Technology Stock Swings WildlyOn November 6th, markets were swept by the fervor of the "Trump Trade," driving up the prices of associated assets across the board. The cryptocurrency market exhibited particularly strong performance, with Bitcoin surging past the $75,000 mark to reach a new all-time high, marking a gain of over 9%...
Blockchain 2024-11-06 13:46:40 -
US Dollar Rebounds Strongly, Bitcoin Hits New High: Trump Effect in Play?
US Dollar Rebounds Strongly, Bitcoin Hits New High: Trump Effect in Play?On the morning of November 6th, the US Dollar Index staged a strong rebound, breaking through the 105 mark and surging by 1.6% on the day...
Blockchain 2024-11-06 13:26:09 -
US Election Vote Count Triggers Crypto Market Frenzy: Bitcoin Surges Past $75,000, Liquidations Flood In
US Election Vote Count Triggers Crypto Market Frenzy: Bitcoin Surges Past $75,000, Liquidations Flood InAs the US election enters its vote counting phase, the cryptocurrency market has witnessed a strong surge. As of November 6, Bitcoin (BTC) briefly broke through $75,000, setting a new all-time high and currently trading at $74,274, up over 9% in the past 24 hours...
Blockchain 2024-11-06 12:38:37 -
US Election Looms, Crypto Market Could See Divergence: Dogecoin and Other Altcoins at Higher Risk
US Election Looms, Crypto Market Could See Divergence: Dogecoin and Other Altcoins at Higher RiskThe US presidential election is nearing its final vote count, and the cryptocurrency market is poised for significant divergence. Smaller cryptocurrencies, like Dogecoin (Doge) and Solana, are facing greater risk and volatility compared to larger cryptocurrencies such as Bitcoin and Ethereum...
Blockchain 2024-11-06 12:25:42