Press Release
JPMorgan hired a new executive director of crypto policy, Aaron Iovine
According to a Bloomberg Law report, JPMorgan, the world’s largest investment bank, hired a new executive director of crypto policy, Aaron Iovine, who held a similar position at crypto lending firm Celcius, which is now a bankrupt company.
Jamie Dimon, Metaverse the chief executive officer of JPMorgan, has said cryptocurrencies like Bitcoin decentralized Ponzi schemes. But this time, he did not stop the company from hiring a new head of digital assets regulatory policy, Aaron Iovine, who worked at the bankrupt Celcius firm.
According to Aaron’s LinkedIn profile, he worked at Celsius this year between February and September. Before this job at Celcius, Aaron worked at Cross River, a crypto-friendly financial services company based in New Jersey, for almost three years.
Now, Aaron will work at JPMorgan regulatory affairs group, which is headed by Sharon Yang. Yang is the one who previously worked at the Treasury Department as deputy assistant secretary for international financial markets. Aaron will not find any difficulty working at JPMorgan because he is working under such an experienced man.
Before appointing Aaron as director of crypto policy, CEO Jamie Dimon criticized cryptocurrencies last month. At that time, Dimo said that he was a major skeptic of crypto tokens like Bitcoin, and he compared the new asset class to decentralized Ponzi schemes. Now, he turned his attention to crypto, and it’s not the first time he did this.
Previously, Dimon has called Bitcoin a fraud and fool’s gold many times but in 2019, JPMorgan launched its own JPM Coin. JPMorgan also allows its wealth management clients to buy into Bitcoin Cash, Bitcoin, Ethereum, and Ethereum Classic. The bank also encouraged clients to buy shares in Grayscale Bitcoin Trust.
This month, JPMorgan also announced an opening for a digital assets counsel position with its corporate and investment bank in New York, which shows how much they are interested in digital currencies.
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According to a glitch on Twitter, if a person tweets the phrase “Memphis,” their account will be temporarily terminated, according to BleepingComputer.
This problem first appeared today when users who were tweeting about Memphis, Tennessee, sports teams, or athletes noticed that they were suddenly suspended for a period of 12 hours.
Even while some claim that Twitter’s flaw has been fixed, a recent test by BleepingComputer shows that we were immediately suspended when we tweeted the term “Memphis.”
While it may seem like Twitter is trying to ban the great city of Mephis, this is probably the result of a spam, bot, or fraud filter that has been set up incorrectly.
Despite not disclosing the precise cause of the bug, Twitter has now addressed it.
Twitter issued a comment to BleepingComputer stating that “the situation stated was the consequence of a bug, and has subsequently been rectified.”
In our tests, in order to regain access to the account if you were impacted by the bug, you had to complete a captcha and verification process. It will welcome you back as a “person” once you have verified your account.
This suggests that a malfunctioning anti-bot filter was probably to blame for the bug.
Press Release
SPANISH DELIVERY APP GLOVO RAISES $121M FROM SWISS REAL ESTATE FIRM STONEWEG TO BUILD OUT DELIVERY-ONLY CONVENIENCE STORES FOR SUB-30 MINUTE DELIVERY TIMES (MACARENA MUNOZ MONTIJANO/BLOOMBERG)
Macarena Munoz Montijano / Bloomberg:
Spanish delivery app Glovo raises $121M from Swiss real estate firm Stoneweg to build out delivery-only convenience stores for sub-30 minute delivery times — – Stoneweg will build, refurbish property to help Glovo expand — Glovo’s orders for convenience items have surged 300%
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