A brief recap of this week’s U.S. Congress hearings on Libra. The United States Congress’ hearings on Libra are over. First, on July 16, the Senate Banking Committee held a testimony on Facebook’s cryptocurrency project, which was followed by a meeting organized by the House of Representatives Financial Services Committee on the next day. David […]
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The G7 warned it “cannot accept private companies issuing their own currencies without democratic control” as Libra continues to face resistance. Cryptocurrencies such as Libra risk upsetting the world’s financial system if they are not regulated tightly, G7 finance ministers have warned. According to Reuters, French finance minister Bruno Le Maire told a news conference […]
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Bitcoin price is back above the key psychological $10,000 level after a downward correction and some bullish comments from a U.S. lawmaker. Bitcoin (BTC) has retaken $10,000 today following a moderately volatile month, according to data provided by Coin360. Bitcoin starting its parabolic advance in April which culminated in retailing the 5-figure mark in June […]
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Police are looking for a gang of masked men who raided a Bitcoin embassy in the English city of Birmingham. A gang of masked men have raided a Bitcoin (BTC) embassy in the English city of Birmingham, sparking a police investigation. Local Facebook page Brumz Updates posted footage of the burglars ransacking the building as […]
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China has the highest rate of “Facebook Libra” Google searches, while the U.S. is ranked 25th, according to Google Trends’ data. China is the global leader when it comes to searching for “Facebook Libra” on Google one month after the release of Libra’s white paper. China keeping a close eye on Facebook’s Libra As of […]
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New ways to communicate through coded conversations and secret languages are being implemented on blockchains. There’s a novelty in finding new ways to communicate through coded conversations and secret languages. How is this being implemented for good — or otherwise — on blockchains? Since its beginnings, blockchain technology has led to many movements, including the […]
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Bitcoin recovered more swiftly from its bear cycles than Amazon did during the boom and bust of the dot com era, new data reveals. Bitcoin (BTC) recovered more swiftly from its bear cycles than Amazon did during the boom and bust of the dot com era, data from crypto analytics firm Messari reveals. Bitcoin’s 2019 […]
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The rise and fall of “dead” сoins — the top-five most famous coins that didn’t survive and why… In 2017, the cost of Bitcoin (BTC) reached almost $20,000, and in December 2018, its rate fell to $3,187 per token. Nevertheless, it is a solid price movement for a currency, which was created from nothing about […]
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Bitcoin price levels will not dip to new lows prior to the May 2020 halving event, market analyst Filb Filb suggests. Bitcoin (BTC) miners want to coordinate the market in order to maximize revenue as the 2020 block reward halving nears. Are miner’s controlling the market? That was the conclusion of a new Bitcoin price […]
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A former Microsoft staffer has been arrested for a scheme to steal $10 million in crypto, using some of the funds to buy a Tesla car and lakeside home. A former employee at Microsoft has been arrested for a scheme to steal $10 million in cryptocurrency, the Associated Press (AP) reported on July 17. Insider […]
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