Tag: Bank of America
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2024 Banking Crisis: $359,320,000,000 “Yanked Out” of American Banks
It’s been reported that 2024 will definitely be the year of a new banking crisis, according to the IMF. Check out the latest reports about what happened below. 2024 banking crisis According to a former Deputy Director at the IMF’s Policy Development and Review Department, Desmond Lachman, there is a high probability of a new…
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Bank of America To Pay $12,000,000 Fine For Breaking The Law
It has been just revealed the fact that BoF is going to pay a considerable fine for repeatedly breaking the law. Check out the latest details about what happened below. BoF to pay a fine for breaking the law Bank of America, one of the largest banking institutions in the country, is being fined millions…
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Ripple Prediction: XRP Adoption To Explode, Following Partnership With Bank Of America
A few days ago, the Ripple community and XRP army of fans celebrated the confirmation of great news. Ripple’s Swell conference turned out to bring some pretty interesting news. During a presentation, there were revealed details that promoted Ripple’s partnership with Bank of America. Ripple publishes its third report on Blockchain in Payments Now, it’s…
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Beware of Crypto Scammers Impersonating Bank of America
As per a post that appeared on Reddit on September 22nd, scam artists are impersonating Bank of America (BoA) in order to deceive their victims. The post, titled ‘Fraud alert — ‘Bank of America’ just called,’ detailed the complexity of the attempt calling it ‘the most convincing scammer I’ve ever dealt with.’ As reported by Redditor…
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Ripple Partner Addresses Banking System Over The Next Decade
Ripple had quite a great 2019, and this year, despite the global crisis triggered by the coronavirus pandemic, the company is still making various moves, going on with its projects. Ripple has been making increased efforts to promote the XRP ecosystem. During a recent Treasury Insights podcast, Julie Harris, who is the head of global…
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Bank Of America Searches For A Project Manager To Lead A Secret Ripple Project
Ripple has been a lot in the news in 2019, and this was mostly due to all kinds of achievements that the San Francisco-based firm was able to achieve. Now, it’s been just reported that Ripple might get involved with Bank of America. Bank of America mentions Ripple secret project There’s a recent job listing…
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Mastercard, IBM And Bank Of America Go On With Their Crypto & Blockchain Initiatives
Mainstream crypto and blockchain adoption has been one of the most important goals that the crypto community set for 2019. So far, things are going great, and more essential entities are stepping into the crypto space and adopt the blockchain tech, supporting its development. These three important entities Bank of America, IBM and Mastercard are…
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Ripple CEO Brad Garlinghouse Is Surprised That The Bank Of America Patent Is Using Ripple’s Tech
Well, it seems that Ripple’s CEO Brad Garlinghouse was taken by surprise lately. This happened when he learned the reports saying that the Bank of America has filed a brand new patent application that makes references about Ripple’s DLT more than once. Ripple CEO cannot confirm the speculation regaring the Bank of America In a…
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Ripple Adoption: Bank Of America Has Its Eyes On Ripple’s DLT
Ripple has been marking a lot of achievements this year, bagging more partnerships and gaining enhanced recognition. Now, the San Francisco-based company is in the spotlight again after the Bank of America has filed a new patent application that’s focused on Ripple’s DLT. The Daily Hodl reports that according to Google Patents, the title of…
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Institutional Giants Amazon And Bank Of America Won Crypto-Related Patents
Two institutional giants have just been awarded cryptocurrency-related patents. Bank of America (BofA) just won a patent for a cryptocurrency storage platform in enterprise accounts. Amazon, on the other hand, won patents for cryptography and distributed data storage. Bank of America’s patent BofA submitted for approval in 2014, and they describe the ways in which enterprise…