In a fiery tweet, US Congressman Brad Sherman has claimed Facebook’s Libra could benefit oligarchs, terrorists and drug kingpins. A United States Democratic congressman has claimed “Mark Zuckerberg is sending a friend request to oligarchs, drug dealers, human traffickers and terrorists” by launching Facebook’s Libra cryptocurrency. In a combative tweet on July 17, Brad Sherman […]
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IDEO CoLab’s Blockchain Accelerator Startup Studio Has Reportedly Onboarded Over 50 Mentors. Over 50 members, including officers from companies such as Ethereum Foundation, Blockchain Capital, and Messari, have joined blockchain accelerator Startup Studio backed by Fidelity. In a blog post published today, July 18, IDEO CoLab Ventures — which stands behind the blockchain accelerator program […]
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Treasury Secretary Steven Mnuchin rejected the idea that cash is laundered all the time, implying that Bitcoin is. Treasury Secretary Steven Mnuchin said that the authority will be preventing Bitcoin (BTC) from becoming an “equivalent of Swiss-numbered bank accounts.” U.S. secretary of the treasury to closely monitor Bitcoin regardless of price In a press briefing […]
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A recent press release appeared on several cryptocurrency news websites, stating that Filecoin, FIL was available for trade at $0.78 in a FIL-USDT trading pair on BitForex. According to the Filecoin Twitter page, this is fake news. Filecoin issued the following: WARNING: Our team was informed of activity claiming to be related to Filecoin on […]
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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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