Indian authorities expressed concerns over Facebook’s long-awaited stablecoin Libra. India’s authorities have expressed concern over Facebook’s forthcoming stablecoin Libra, Bloomberg reported on July 8. Subhash Garg, Economic Affairs Secretary at India’s Ministry of Finance, told Bloomberg that the “design of the Facebook currency has not been fully explained. But whatever it is, it would be […]
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Libra, Ton and JPMorgan Coin, a comparative survey of three projects that are set to shock the crypto world — for better or for worse.. Since the beginning of 2018, rumors and then news about some large players entering the blockchain industry mesmerized the crypto community. Presently, the projects promoted by JPMorgan Chase, Facebook and […]
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Bitstamp cryptocurrency exchange set up its own node for the Lightning Network, encouraging more participation from the industry. European crypto exchange Bitstamp has set up its own Lightning Network (LN) node to boost the network’s capabilities, the company tweeted on July 8. As a second layer over the blockchain of the biggest cryptocurrency, bitcoin (BTC), […]
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sponsored An open-source blockchain platform says the industry is going the same way as the internet: Just like websites, every business now wants their own chain. An out-of-the-box solution says it enables anyone, even with no experience, to build their own blockchain in under 10 minutes. According to Nuls, businesses are going through a similar […]
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The People’s Bank of China blockchain trade finance solution processed $4.36 billion in foreign exchange transactions since its inception. The blockchain trade finance solution of the People’s Bank of China (PBoC) processed over 30 billion yen ($4.36 billion) in foreign exchange transactions, local finance news outlet SINA reports on July 8. Per the report, the […]
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Chinese police surrounded the Tron’s office in Beijing, as people came to express outrage at a scam going under a Tron-like name. The Tron office in Beijing has been surrounded by police as a crowd gathered to protest against a Chinese ponzi scheme that went under a Tron-like name, Twitter personality Crypto Authority reports on […]
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South American social networking giant Taringa! is launching a stablecoin-powered points system for its 27 million users. Latin American social networking giant Taringa! has partnered with MakerDAO and e-wallet provider Airtm to launch a stablecoin-powered points system for its 27 million strong user base. According to an official Taringa! news release published on July 7, […]
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Singapore plans to exempt cryptocurrencies that are intended to function as a medium of exchange from Goods and Services Tax (GST) — the local equivalent of VAT. Singapore plans to exempt cryptocurrencies that are intended to function as a medium of exchange from Goods and Services Tax (GST) — the local equivalent of Value-Added Tax […]
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The US tells Facebook to cease development of libra immediately, and the Bank of International Settlements boss makes an extravagant U-turn. Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more […]
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The food industry is becoming one of the most inclusive destinations for blockchain. As blockchain continues to push for mass adoption, the food and beverage industry is shaping up to be one of the most inclusive destinations for the technology: Just over the past few months, a variety of players — including juggernauts like Nestlé, […]
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