RATE Group | Bitcoin News Summary – May 18, 2020

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Bitcoin News Summary – May 18, 2020

18 May Bitcoin News Summary – May 18, 2020

Posted at 06:21h in Bitcoin News by admin

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As you probably heard, the Bitcoin halving occurred on Monday. F2Pool mined the last block before the reward was halved; block number 629,999. F2Pool also embedded a message into the block referencing a newspaper headline, similar to the one Satoshi embedded in Bitcoin’s first-ever block.

Major US investment bank, JP Morgan Chase, is offering banking services to both Gemini and Coinbase crypto exchanges. The news surprised many, given that the bank’s CEO, Jamie Dimon, made public statements in 2017 claiming Bitcoin to be “a fraud that will blow up,” and “only fit for use by drug dealers, murderers, and people living in North Korea.”

The Reddit link-sharing and discussion platform, with an estimated 330 million users, is set to release its own crypto tokens. Users will earn tokens, known as Community Points, for interacting with the site. These tokens will allow users to buy access to certain site…

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18, 2020, Bitcoin, news, Summary