The chair of the House Financial Services Committee opened today’s hearing on Libra by noting Facebook’s past mistakes. Today, lawmakers on the United States House of Representatives Financial Services Committee are meeting to discuss the possible effects of Facebook’s proposed Libra cryptocurrency project on the financial system. As a Cointelegraph respondent reports on July 17, […]
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In the premiere episode of the new Cointelegraph series “Coffee and Crypto,” Olivia Capozzalo and Molly Jane Zuckerman discussed the latest news in the crypto industry. In the premiere episode of the new Cointelegraph series “Coffee and Crypto,” head of editorial Olivia Capozzalo and head of news Molly Jane Zuckerman discussed the latest news in […]
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Launched on July 15, Tor Project’s new Bitcoin-based crowdfunding campaign reached the softcap of $10,000 in 25 hours. Tor Project’s new Bitcoin (BTC)-based crowdfunding campaign has reached the softcap of $10,000 in 25 hours after the launch. The new crowdfunding program, known as BitcoinForTor, was launched on July 15 in collaboration with open-source payment processor […]
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Venezuela is leading the crypto peer-to-peer BTC trade market, despite government efforts to drive adoption of its oil-backed cryptocurrency, Petro. For the entirety of cryptocurrency’s short history, Venezuela has been seen to be among the most striking example of the need for the utility. The South American country has hosted escalating political tension for years, […]
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The U.S. Senate Banking Committee raised a wave skepticism over Facebook’s crypto project Libra during the first day of testimony. The United States’ Senate Banking Committee raised a wave skepticism over Facebook’s crypto project Libra during the first day of testimony on July 16. The new hearing, called “Examining Facebook’s Proposed Cryptocurrency and Its Impact […]
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The Tether stablecoin is about to be released on its fifth blockchain, Algorand, the company announced. The Tether (USDT) stablecoin is about to be released on its fifth blockchain, Algorand, the company announced in a tweet published on July 17. Tether on a ‘Pure’ Proof-of-Stake Blockchain In a press release concerning the upcoming release of […]
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Blockstream CSO, Samson Mow, says that Facebook should have just used Bitcoin instead of developing Libra because regulators won’t let it happen. Chief strategy officer at blockchain development firm Blockstream, Samson Mow, declared that he believes that Facebook should have used Bitcoin (BTC) instead of developing its own stablecoin in a series of tweets published […]
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A temporary ban on Faster Payments means U.K. cryptocurrency traders must send funds via SWIFT. United States cryptocurrency exchange Coinbase has abruptly imposed a minimum deposit amount of 1,000 British Pounds ($1,240) for United Kingdom account holders, staff confirmed in private emails on July 16. Coinbase Suspends Faster Payments Deposits in U.K. Coinbase, which previously […]
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The billionaire investor appeared to stand up for internet freedom in India, but his comments gained little appreciation. Bitcoin (BTC) proponent and Tezos investor Tim Draper hit out at the Indian government on Twitter July 16 after alleged evidence appeared it was preparing to ban cryptocurrency. Draper Appears To Mistake Draft Law For Genuine Ban […]
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Bitcoin’s average transaction volume is topping $3 billion per day, data from crypto analytics site Coinmetrics.io reveals. Bitcoin’s average transaction volume is topping $3 billion per day, data from crypto analytics site Coinmetrics.io reveals as of July 16. Bitcoin’s Uptrend in Daily Transaction Value Eclipsing Altcoins’ The data — which has been adjusted to remove […]
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