Binance Reveals ‘Venus’ — Its Own Project to Rival Facebook’s Libra

Binance says it is launching its own “independent regional version of Libra” calling for governments and businesses with strong influence and interest to join the initiative. Top cryptocurrency exchange Binance is launching an open blockchain project “Venus” focused on developing localized stablecoins worldwide. In an announcement published today, Aug. 19, the exchange argues it is […]

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Crypto Wallet ZenGo Now Supports Facebook’s Libra Testnet

Non-custodial keyless digital wallet ZenGo now supports Libra’s testnet and allows its users to experiment with sending and receiving Facebook’s new cryptocurrency. On Aug. 18, the developers of ZenGo, a non-custodial keyless cryptocurrency wallet solution, announced that their app now supports Facebook’s Libra testnet. Experimenting with Libra According to the announcement, now users “can send […]

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Silvergate Bank Plans to Offer Cryptocurrency-Collateralized Loans

Silvergate Bank’s Silvergate Capital Corporation is examining the possibility of offering cryptocurrency loans. The holding company of cryptocurrency-friendly Silvergate Bank, Silvergate Capital Corporation, announced that the firm plans to offer cryptocurrency-collateralized loans. In an S1/A form filed with the United States Securities and Exchange Commission on Aug. 15 the bank notes: “We believe there may […]

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US Lawmakers to Visit Switzerland to Discuss Crypto, Facebook’s Libra

A delegation of the United States House of Representatives will visit Switzerland on cryptocurrency concerns, with Facebook’s stablecoin Libra being in the focus. A delegation of the United States House of Representatives will visit Switzerland on cryptocurrency concerns, with Facebook’s not-yet-released stablecoin Libra being in the focus. As local weekly news outlet NZZ am Sonntag […]

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