Goldman Sachs

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Goldman Sachs under fire over SVB collapse

19 Mar 2023 1 minute read 6 comments Yugocean

The Collapse of Silicon Valley Bank (SVB) is one of the debacle in the financial history of US.  Bitcoin was not surprisingly got first blame, but later it was revealed that another US business Goldman Sachs is the top suspect in SVB collapse. Why...

ChatGPT Banned By Goldman Sachs And Citi

27 Feb 2023 1 minute read 4 comments LiquidOcelot

Photo by Olga Subach on Unsplash Introduction ChatGPT, the popular chatbot that has been gaining attention in the world of artificial intelligence, has been banned by two of the world’s largest banks, Goldman Sachs And Citi. The decision was made in...

After making millions with Dogecoin, Goldman Sachs banker quit

12 May 2021 1 minute read 0 comments Lukros76

Aziz McMahon, an Irish banker from the London branch of the US investment bank, recently invested a large sum of money into the memecoin and after it's meteoric rise earned millions of pounds through what might be called sheer luck or pure genius. Wi...

Goldman Sachs Considering Crypto Custody Services

19 Jan 2021 1 minute read 6 comments Abhimanyu Krishnan

Multinational investment bank Goldman Sachs is reportedly looking into offering crypto custody services, according to CoinDesk, which was told by a source that it had issued a request for information (RFI) in Jan. 2021. Goldman’s early forays into c...

Goldman Sachs May Launch Its Own Stablecoin

7 Aug 2020 1 minute read 2 comments Abhimanyu Krishnan

Goldman Sachs’ global head of digital assets, Matthew McDermott, said in a CNBC interview on August 6 that the investment bank may launch its own stablecoin. McDermott says that the firm is exploring a stablecoin, but it’s still “early days” First a...

Goldman Sachs allowed the release of its own digital currency

7 Aug 2020 1 minute read 0 comments Danyakot

The largest us investment Bank, Goldman Sachs, does not exclude the possibility of issuing its own stablecoin. This was stated by the new head of the Bank's digital assets Department, Matthew McDermott, CNBC reports. "We are studying the commercial v...

Throwback Thursday #TBT - How does Bitcoin perform as a hedge against inflation?

6 Aug 2020 1 minute read 19 comments CryptoWordsmith

I have previously posted about various topics to this platform, including about current events, but I feel that my best-received posts are ones that are original and feature my own perspective. Although this analysis of mine was nested within one of...

How Ripple makes the first steps in China

18 Jul 2020 5 minute read 0 comments lioha369

In my previous post, I described how Ripple has expanded to Japan by means of investment projects and partnerships with big financial players and banks. Today I want to talk about China, which IMO is the most progressive and open-minded towards block...

Bitcoin Could Be JP Morgan's Ace Against Goldman Sachs

14 Jun 2020 3 minute read 0 comments PassionCryptodotcom

September 13, 2017, in retrospect, was a very iconic date, especially in light of JP Morgan's praise for Bitcoin yesterday. JP Morgan's latest statement that Bitcoin noted that "longevity as an asset class" was completely contradictory to that record...

What Goldman Sachs told its customers about bitcoin

28 May 2020 7 minute read 1 comment Aristos

What arguments did the well-known company use to prevent investors from investing in cryptocurrencies? The opposite view, the… tulips and the conclusions. Paul Tudor Jones 'recent public stance on bitcoin has raised expectations that Goldman Sachs' p...